The Spatio-temporal Impact of Drought on Local and Regional Feeder Cattle Inventories
No hay miniatura disponible
Fecha
Autores
Título de la revista
ISSN de la revista
Título del volumen
Editor
Resumen
Descripción
Recent droughts have demonstrated the sensitivity of cattle inventories to adverse weather. Statelevel
first-differenced panel regressions are used to estimate the impact of drought conditions on
rancher decisions regarding herd size. Results provide insights into the recovery time associated
with and degree of rebuilding cattle herds following a drought. Regional cattle inventory responses
to weather are shown to be asymmetric as drought conditions have substantial short-run impacts
on inventory which are difficult to rebuild.