This article develops a methodology for empirically analyzing vertically strategic interactions in a multi-level supply channel. The model is used to analyze the vertical channel for U.S. butter manufacturing and retailing. Aggregating products to the firm level and using a nonlinear AIDS demand...

The purpose of the research in this paper is to investigate the impact of differentiated vertical strategies by agricultural biotechnology firms in the U.S. cottonseed market. The model advances the measurement of industry concentration to consider substitution/complementarity relationships...

Organized Symposium: Market Structure, Organization, and Performance of the Food System: Greatest Contributions by Agricultural and Applied Economists

Organized Symposium: Market Structure, Organization, and Performance of the Food System: Greatest Contributions by Agricultural and Applied Economists

This paper tries to justify the observation of different return patterns in the upstream and downstream sectors of US beef production. It builds a dynamic rational expectation model separating the cow-calf and feeding sector with the former sector being the residual claimer. The model shows that...

We use data from a recent national survey to analyze the use of subtherapeutic antibiotics (STAs) among producers of broilers. STAs are included in feed or water and are intended to prevent disease or promote growth. Producers who do not use STAs instead rely on a set of other practices,...

The issuance of weak patents is widely viewed as a fundamental problem in the current US patent system. Reasons that have been offered for the granting of weak patents by the US Patent and Trademark Office (USPTO) include examiners’ “rational ignorance” of the patentability of applications...

Replaced with revised version of paper 07/29/10.