Showing 1 - 10 of 183
In processing industries, plant location decisions are costly and have consequences for firm profitability. When raw materials are heavy or perishable, transportation costs limit shipping distances and processors must compete locally for raw material inputs. To determine the likely profitability...
Persistent link: https://www.econbiz.de/10009442291
Conventional wisdom holds that a small and decreasing number of hog slaughter firms are using their "market power" to take advantage of U.S. hog producers. Existing studies have simply calculated industry concentration ratios and assumed/asserted that the performance of such a concentrated...
Persistent link: https://www.econbiz.de/10009442417
In an imperfectly competitive industry, differentiated products compete with each other with price rather than quantity as the strategic variable. Several previous studies have employed a generalized Nash Bertrand model: Liang (1989), Cotterill (1994), Cotterill, Putsis and Dhar (2000), and...
Persistent link: https://www.econbiz.de/10009442582
This paper documents the extent of cooperative penetration into branded dairy product markets and presents case study evidence on competitive strategies in the skim/low fat milk, whole milk, cottage cheese, butter, margarine, and ice cream markets. We employ data for 51 local market areas from...
Persistent link: https://www.econbiz.de/10009442585
This paper examines structural breaks in the vertical price relationships in U.S. beef/cattleand pork/hog sectors using monthly data of the past 40 years. A major methodologicalissue addressed is how to estimate price relationships when data contain intermittentstructural breaks with unknown...
Persistent link: https://www.econbiz.de/10009442699
We find sale prices and net revenues received by sellers in the Midwestern club pig market are higher at traditional face-to-face auctions than at comparable Internet auctions. The comparison overcomes adverse selection issues that commonly plague such analyses by using data from sellers that...
Persistent link: https://www.econbiz.de/10009442785
This study analyses survey data gathered from small and large-scale poultry producers in the rural areas of KwaZulu-Natal, and highlights factors constraining the impact of commercial poultry production on the local economy. It was found that small-scale poultry production has the ability to...
Persistent link: https://www.econbiz.de/10009442958
The U.S. live hog production has undergone a significant structural change characterized by a trend toward larger operations. Experts argue that there is a cost advantage for larger farms due to industrialization and increased management intensity. One important element in production, mainly for...
Persistent link: https://www.econbiz.de/10009443434
The U.S. pork sector is evolving from an industry of small, independent firms vertically linked by spot markets to one of substantially larger firms vertically connected through contractual agreements and integration. Potential benefits to this tighter vertical arrangement include lower consumer...
Persistent link: https://www.econbiz.de/10009443452
The greenhouse sector has reinvented itself as a technologically advanced and relatively environmentally friendly industry over the past 15 years. However it remains a high energy user. Two recent surveys have highlighted the potential impact on greenhouse grower costs of the proposed emissions...
Persistent link: https://www.econbiz.de/10009443698