Technological Change and Economies of Scale in U.S. Poultry Processing
This article uses a unique data set provided by the Census Bureau and a translog cost function to empirically examine technological change in the U.S. poultry industry. Results reveal substantial scale economies that show no evidence of diminishing with plant size and that are much greater than those realized in cattle and hog slaughter. Findings suggest that consolidation is likely to continue, particularly if demand growth diminishes, and that controlling for plant product mix is critical to accurate cost estimates. Copyright 2005 American Agricultural Economics Association.
Year of publication: |
2005
|
---|---|
Authors: | Ollinger, Michael ; MacDonald, James M. ; Madison, Milton |
Published in: |
American Journal of Agricultural Economics. - American Agricultural Economics Association. - Vol. 87.2005, 1, p. 116-129
|
Publisher: |
American Agricultural Economics Association |
Saved in:
freely available
Saved in favorites
Similar items by person
-
Technological change and economies of scale in US poultry processing
Ollinger, Michael, (2005)
-
Technological Change and Economies of Scale in U.S. Poultry Slaughter
Madison, Milton, (2000)
-
Technological Change and Economies of Scale in U.S. Poultry Processing
Ollinger, Michael E., (2010)
- More ...