Anderson, Donald W.; Murray, Brian C.; Teague, … - In: American Journal of Agricultural Economics 80 (1998) 1, pp. 96-106
We model the determinants of plant exit from the cattle-slaughter industry using probit to distinguish between plant-level (e.g., age, scale, and scope) and market-level (e.g., market share, concentration, and competitive fringe) factors. Market variables are shown to be less important...