Abstract
AbstractThis article explains the expansion and contraction of Norwegian mink production in an expanding market as a consequence of pelt price and mink fanning costs. The explanation is based upon a Bayesian approach to estimating the farmers' loan fraction, their response to profitability, and a few delays in economic perception and capacity adjustments.This model is the first in a series being developed to portray national and international fur production and markets. In addition to reflecting Norwegian mink production, the model may be considered generic for international fur production.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
