Influence of geographical effects in hedonic pricing models for grass-fed cattle in Uruguay. [OPEN ACCESS].

HARRIS, P. - LANFRANCO, B. - LU, B. - COMBER, A.

Resumen:

ABSTRACT.A series of non-spatial and spatial hedonic models of feeding and replacement cattle prices at video auctions in Uruguay (2002 to 2009) were specified with predictors measuring marketing conditions (e.g., steer price), cattle characteristics (e.g., breed) and agro-ecological factors (e.g., soil productivity, water characteristics, pasture condition, season). Results indicated that cattle prices produced under extensive production systems were influenced by all of predictor categories, confirming that found previously. Although many of the agro-ecological predictors were inherently spatial in nature, the incorporation of spatial effects into the estimation of the hedonic model itself, through either a spatially-autocorrelated error term or allowing the regression coefficients to vary spatially and at different scales, was able to provide greater insight into the cattle price process. Through the latter extension, using a multiscale geographically weighted regression, which was the most informative and most accurate model, relationships between cattle price and predictors operated at a mixture of global, regional, local and highly local spatial scales. This result is considered a key advance, where uncovering, interpreting, and utilizing such rich spatial information can help improve the geographical provenance of Uruguayan beef and is critically important for maintaining Uruguay´s status as a key exporter of beef with respect to the health and safety benefits of natural, open-sky, grass-fed production systems.


Detalles Bibliográficos
2020
Beef cattle prices
Spatial regression
Multiscale
Provenance
MGWR
Inglés
Instituto Nacional de Investigación Agropecuaria
AINFO
http://www.ainfo.inia.uy/consulta/busca?b=pc&id=61231&biblioteca=vazio&busca=61231&qFacets=61231
Acceso abierto
_version_ 1805580528367173632
author HARRIS, P.
author2 LANFRANCO, B.
LU, B.
COMBER, A.
author2_role author
author
author
author_facet HARRIS, P.
LANFRANCO, B.
LU, B.
COMBER, A.
author_role author
bitstream.checksum.fl_str_mv cc28cf7d5fcd584f01f421adcac57288
bitstream.checksumAlgorithm.fl_str_mv MD5
bitstream.url.fl_str_mv https://redi.anii.org.uy/jspui/bitstream/20.500.12381/1452/1/sword-2022-10-20T22%3a39%3a47.original.xml
collection AINFO
dc.creator.none.fl_str_mv HARRIS, P.
LANFRANCO, B.
LU, B.
COMBER, A.
dc.date.accessioned.none.fl_str_mv 2022-10-21T01:39:47Z
dc.date.available.none.fl_str_mv 2022-10-21T01:39:47Z
dc.date.issued.none.fl_str_mv 2020
dc.date.updated.none.fl_str_mv 2022-10-21T01:39:47Z
dc.description.abstract.none.fl_txt_mv ABSTRACT.A series of non-spatial and spatial hedonic models of feeding and replacement cattle prices at video auctions in Uruguay (2002 to 2009) were specified with predictors measuring marketing conditions (e.g., steer price), cattle characteristics (e.g., breed) and agro-ecological factors (e.g., soil productivity, water characteristics, pasture condition, season). Results indicated that cattle prices produced under extensive production systems were influenced by all of predictor categories, confirming that found previously. Although many of the agro-ecological predictors were inherently spatial in nature, the incorporation of spatial effects into the estimation of the hedonic model itself, through either a spatially-autocorrelated error term or allowing the regression coefficients to vary spatially and at different scales, was able to provide greater insight into the cattle price process. Through the latter extension, using a multiscale geographically weighted regression, which was the most informative and most accurate model, relationships between cattle price and predictors operated at a mixture of global, regional, local and highly local spatial scales. This result is considered a key advance, where uncovering, interpreting, and utilizing such rich spatial information can help improve the geographical provenance of Uruguayan beef and is critically important for maintaining Uruguay´s status as a key exporter of beef with respect to the health and safety benefits of natural, open-sky, grass-fed production systems.
dc.identifier.none.fl_str_mv http://www.ainfo.inia.uy/consulta/busca?b=pc&id=61231&biblioteca=vazio&busca=61231&qFacets=61231
dc.language.iso.none.fl_str_mv en
eng
dc.rights.es.fl_str_mv Acceso abierto
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
dc.source.none.fl_str_mv reponame:AINFO
instname:Instituto Nacional de Investigación Agropecuaria
instacron:Instituto Nacional de Investigación Agropecuaria
dc.subject.none.fl_str_mv Beef cattle prices
Spatial regression
Multiscale
Provenance
MGWR
dc.title.none.fl_str_mv Influence of geographical effects in hedonic pricing models for grass-fed cattle in Uruguay. [OPEN ACCESS].
dc.type.none.fl_str_mv Article
PublishedVersion
info:eu-repo/semantics/article
dc.type.version.none.fl_str_mv info:eu-repo/semantics/publishedVersion
description ABSTRACT.A series of non-spatial and spatial hedonic models of feeding and replacement cattle prices at video auctions in Uruguay (2002 to 2009) were specified with predictors measuring marketing conditions (e.g., steer price), cattle characteristics (e.g., breed) and agro-ecological factors (e.g., soil productivity, water characteristics, pasture condition, season). Results indicated that cattle prices produced under extensive production systems were influenced by all of predictor categories, confirming that found previously. Although many of the agro-ecological predictors were inherently spatial in nature, the incorporation of spatial effects into the estimation of the hedonic model itself, through either a spatially-autocorrelated error term or allowing the regression coefficients to vary spatially and at different scales, was able to provide greater insight into the cattle price process. Through the latter extension, using a multiscale geographically weighted regression, which was the most informative and most accurate model, relationships between cattle price and predictors operated at a mixture of global, regional, local and highly local spatial scales. This result is considered a key advance, where uncovering, interpreting, and utilizing such rich spatial information can help improve the geographical provenance of Uruguayan beef and is critically important for maintaining Uruguay´s status as a key exporter of beef with respect to the health and safety benefits of natural, open-sky, grass-fed production systems.
eu_rights_str_mv openAccess
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instacron_str Instituto Nacional de Investigación Agropecuaria
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repository.name.fl_str_mv AINFO - Instituto Nacional de Investigación Agropecuaria
repository_id_str
rights_invalid_str_mv Acceso abierto
spelling 2022-10-21T01:39:47Z2022-10-21T01:39:47Z20202022-10-21T01:39:47Zhttp://www.ainfo.inia.uy/consulta/busca?b=pc&id=61231&biblioteca=vazio&busca=61231&qFacets=61231ABSTRACT.A series of non-spatial and spatial hedonic models of feeding and replacement cattle prices at video auctions in Uruguay (2002 to 2009) were specified with predictors measuring marketing conditions (e.g., steer price), cattle characteristics (e.g., breed) and agro-ecological factors (e.g., soil productivity, water characteristics, pasture condition, season). Results indicated that cattle prices produced under extensive production systems were influenced by all of predictor categories, confirming that found previously. Although many of the agro-ecological predictors were inherently spatial in nature, the incorporation of spatial effects into the estimation of the hedonic model itself, through either a spatially-autocorrelated error term or allowing the regression coefficients to vary spatially and at different scales, was able to provide greater insight into the cattle price process. Through the latter extension, using a multiscale geographically weighted regression, which was the most informative and most accurate model, relationships between cattle price and predictors operated at a mixture of global, regional, local and highly local spatial scales. This result is considered a key advance, where uncovering, interpreting, and utilizing such rich spatial information can help improve the geographical provenance of Uruguayan beef and is critically important for maintaining Uruguay´s status as a key exporter of beef with respect to the health and safety benefits of natural, open-sky, grass-fed production systems.https://hdl.handle.net/20.500.12381/1452enenginfo:eu-repo/semantics/openAccessAcceso abiertoBeef cattle pricesSpatial regressionMultiscaleProvenanceMGWRInfluence of geographical effects in hedonic pricing models for grass-fed cattle in Uruguay. [OPEN ACCESS].ArticlePublishedVersioninfo:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionreponame:AINFOinstname:Instituto Nacional de Investigación Agropecuariainstacron:Instituto Nacional de Investigación AgropecuariaHARRIS, P.LANFRANCO, B.LU, B.COMBER, A.SWORDsword-2022-10-20T22:39:47.original.xmlOriginal SWORD entry documentapplication/octet-stream2653https://redi.anii.org.uy/jspui/bitstream/20.500.12381/1452/1/sword-2022-10-20T22%3a39%3a47.original.xmlcc28cf7d5fcd584f01f421adcac57288MD5120.500.12381/14522022-10-20 22:39:47.984oai:redi.anii.org.uy:20.500.12381/1452Gobiernohttp://inia.uyhttps://redi.anii.org.uy/oai/requestlorrego@inia.org.uyUruguayopendoar:2022-10-21T01:39:47AINFO - Instituto Nacional de Investigación Agropecuariafalse
spellingShingle Influence of geographical effects in hedonic pricing models for grass-fed cattle in Uruguay. [OPEN ACCESS].
HARRIS, P.
Beef cattle prices
Spatial regression
Multiscale
Provenance
MGWR
status_str publishedVersion
title Influence of geographical effects in hedonic pricing models for grass-fed cattle in Uruguay. [OPEN ACCESS].
title_full Influence of geographical effects in hedonic pricing models for grass-fed cattle in Uruguay. [OPEN ACCESS].
title_fullStr Influence of geographical effects in hedonic pricing models for grass-fed cattle in Uruguay. [OPEN ACCESS].
title_full_unstemmed Influence of geographical effects in hedonic pricing models for grass-fed cattle in Uruguay. [OPEN ACCESS].
title_short Influence of geographical effects in hedonic pricing models for grass-fed cattle in Uruguay. [OPEN ACCESS].
title_sort Influence of geographical effects in hedonic pricing models for grass-fed cattle in Uruguay. [OPEN ACCESS].
topic Beef cattle prices
Spatial regression
Multiscale
Provenance
MGWR
url http://www.ainfo.inia.uy/consulta/busca?b=pc&id=61231&biblioteca=vazio&busca=61231&qFacets=61231