A Re-Examination of Multistage Economies in Hog Farming

A Re-Examination of Multistage Economies in Hog Farming

Current trends in the structure of hog production in the U.S. are toward facilities that are not only larger, but also more likely to be specialized, carrying out only some of the vertically linked phases of production in the same facility. This paper investigates the cost efficiency incentives for...

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Veröffentlicht in:Journal of agricultural & food industrial organization 2018-03, Vol.15 (2), p.1-15
Hauptverfasser: Parcel, Joshua D., Schroeter, John R., Azzam, Azzeddine M
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Sprache:eng
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ARMS data
hog production
scale and scope economies
vertical integration
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container_title Journal of agricultural & food industrial organization
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creator Parcel, Joshua D.
Schroeter, John R.
Azzam, Azzeddine M
description Current trends in the structure of hog production in the U.S. are toward facilities that are not only larger, but also more likely to be specialized, carrying out only some of the vertically linked phases of production in the same facility. This paper investigates the cost efficiency incentives for these changes by estimating a multistage cost function for hog production. Data are from the Hog Production Practices and Costs portion of the USDA’s 2004 Agricultural Resource Management Survey.
doi_str_mv 10.1515/jafio-2017-0033
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source De Gruyter journals
subjects ARMS data
hog production
scale and scope economies
vertical integration
title A Re-Examination of Multistage Economies in Hog Farming
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