Chidmi, Benaissa; Fadiga, Mohamadou L. - Agricultural and Applied Economics Association - AAEA - 2007
This study analyses the stochastic behavior of price-cost margins (PCMs) in the U.S. meat industry. It, first, develops and estimates a vertical relationship economic model to derive PCMs in the U.S. meat industry (Beef, Pork, and Poultry). Second it analyzes the behavior of PCMs by decomposing...