Table VIII Regression results of the...

Table VIII

Regression results of the pork supply equation

	Model (1)	Model (2)
Variables	$l n S_{t}^{p}$	$l n S_{t}^{p}$
$l n P_{t - 1}^{p}$	0.100*** (0.0243)	0.146*** (0.0219)
$l n P_{t}^{c}$		−0.183*** (0.0415)
Constant	10.43*** (0.0683)	10.48*** (0.0566)
Observations	72	72
R²	0.087	0.279

	Model (1)	Model (2)
$l n P_{t - 1}^{p}$	0.100*** (0.0243)	0.146*** (0.0219)
$l n P_{t}^{c}$		−0.183*** (0.0415)
Constant	10.43*** (0.0683)	10.48*** (0.0566)
Observations	72	72
R²	0.087	0.279

Notes: This paper uses robust standard error to ensure the consistency of standard errors of the coefficients estimated; $l n P_{t - 1}^{p}$ denote one lag for pig price. Robust standard errors are in parentheses

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