CO-RELATIONSHIP AND FUNCTIONAL FORM OF FOOD COSTS FOR LIVESTOCK

  • Marianela De Batista Universidad Nacional del Sur - Departamento de Ciencias de la Administración - CONICET
  • Gabriela Pesce Universidad Nacional del Sur - Departamento de Ciencias de la Administración
  • Verónica Piñeiro Universidad Nacional del Sur - Departamento de Ciencias de la Administración - Departamento de Agronomía
Keywords: Food costs, Livestock, Variability, Co-relationship, Functional form

Abstract

Current research investigates behavior of food costs, one of the most relevant components in livestock management. Its variability and functional forms are studied during pregnancy and finishing periods by analyzing the proportion of the variable and fixed component and behavior within different activity levels. A theoretical model is employed to understand the behavior of production, the physical and financial components of food costs. Consequently, an empirical analysis is elaborated by simulating cases featuring pregnancy and finishing periods. Current analysis demonstrates, through quantitative bases and graphs, that food costs for calves are fixed, whilst in the finishing phase they are integrally variable.
Published
2017-06-16
Section
Agrobusiness