In this paper, we assess the potential for rehabilitation of comparative analysis under its new guise of benchmarking. After a brief description of comparative analysis, we discuss the deficiencies that surrounded its fall in reputation: neglect of economic principles, limited scope for action,...

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...

This article tests the efficiency of the hog options market and assesses the impact of the 1996 contract redesign on efficiency. We find that the hog options market is efficient, but some options yielded excess returns during the live hogs period but not during the lean hogs period. Our findings...

The measurement of productivity fluctuations has been the focus of decades-long interest. In addition to broad structural forces driving productivity changes, there is more recent interest in measuring and identifying the heterogeneous forces driving these changes. A major force is...

Cattle feeding enterprises operate amid variability originating in prices and production. Thisresearch explicitly models yield risks related to cattle feeding by relating the mean and varianceof yield performance factors to observable conditioning variables. The results demonstratethat pen...

This paper starts the debate regarding the likely impact of post-accession public support in the New Member States on their farming sector’s efficiency. While one aim of farm support in the European Union (EU) is to promote efficient farms that can compete internationally, a higher level of...

We analyzed the existing situation of poultry sector with industrial experts and professionals of “Generating projects based on sector specific innovation in the poultry sector” symposium organized by University of Debrecen Centre for Agricultural Sciences Faculty of Agricultural Business...

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Published by Asociación de Economistas Agrarios de Chile