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A Markov Chain Analysis Of Pork Farm Size Distributions In The South

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  • Disney, W. Terry
  • Duffy, Patricia A.
  • Hardy, William E., Jr.

Abstract

Concerns over declining farm numbers, shifts in farm size distribution, and associated infrastructural problems have led to a heightened awareness of structural considerations within policy making circles. Future policy decisions will have substantial structural consequences for the agricultural industry. Often, however, the indirect effects of grain pricing policies on the livestock sector have been overlooked in these policy decisions. The incorporation of price effects into a Markov chain analysis of pork farm size distributions and the simulation of those projections to the year 2000 under various price scenarios should provide some insight into the future structure of livestock farming in the South.

Suggested Citation

  • Disney, W. Terry & Duffy, Patricia A. & Hardy, William E., Jr., 1988. "A Markov Chain Analysis Of Pork Farm Size Distributions In The South," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 20(2), pages 1-8, December.
    • Handle: RePEc:ags:sojoae:29263
    DOI: 10.22004/ag.econ.29263
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    References listed on IDEAS

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    1. Ethridge, Don E. & Roy, Sujit K. & Myers, David W., 1985. "A Markov Chain Analysis of Structural Changes in the Texas High Plains Cotton Ginning Industry," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 17(2), pages 11-20, December.
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    Citations

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    Cited by:

    1. Zimmermann, Andrea & Heckelei, Thomas, 2012. "Differences of farm structural change across European regions," Discussion Papers 162879, University of Bonn, Institute for Food and Resource Economics.
    2. Jeffrey M. Gillespie & Joan R. Fulton, 2001. "A Markov chain analysis of the size of hog production firms in the United States," Agribusiness, John Wiley & Sons, Ltd., vol. 17(4), pages 557-570.
    3. Stokes, Jeffrey R., 2006. "Entry, Exit, and Structural Change in Pennsylvania's Dairy Sector," Agricultural and Resource Economics Review, Cambridge University Press, vol. 35(2), pages 357-373, October.
    4. Rahelizatovo, Noro C. & Gillespie, Jeffrey M., 1999. "Dairy Farm Size, Entry, And Exit In A Declining Production Region," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 31(2), pages 1-15, August.
    5. Hua, Wei & Sohngen, Brent & Hite, Diane, 2005. "Assessing the Relationship Between Crop Choice and Land Use Change Using A Markov Model," 2005 Annual meeting, July 24-27, Providence, RI 19257, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. Mjelde, James W. & Harris, Wesley D. & Conner, J. Richard & Schnitkey, Gary D. & Glover, Michael K. & Garoian, Lee, 1992. "Existence Of Unique Limiting Probability Vectors In Stochastic Processes With Multiple Transition Matrices," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 17(2), pages 1-11, December.
    7. Karantininis, Kostas, 2002. "Information-based estimators for the non-stationary transition probability matrix: an application to the Danish pork industry," Journal of Econometrics, Elsevier, vol. 107(1-2), pages 275-290, March.
    8. Disney, W. Terry & Duffy, Patricia A. & Hardy, William E., Jr., 1989. "A Markov Chain Analysis Of Pork Farm Size Distributions In The South: Reply," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 21(2), pages 1-2, December.
    9. Alexander Gocht & Norbert Röder & Sebastian Neuenfeldt & Hugo Storm & Thomas Heckelei, 2012. "Modelling farm structural change: A feasibility study for ex-post modelling utilizing FADN and FSS data in Germany and developing an ex-ante forecast module for the CAPRI farm type layer baseline," JRC Research Reports JRC75524, Joint Research Centre.
    10. Kim, C.S. & Lin, William W. & Leath, Mack N., 1991. "The Changing Structure of the U.S. Flour Milling Industry," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 43(3), pages 1-8.
    11. Legrand D. F, Saint-Cyr, 2017. "Farm heterogeneity and agricultural policy impacts on size dynamics: evidence from France," Working Papers SMART 17-04, INRAE UMR SMART.
    12. Piet, Laurent, 2008. "The evolution of farm size distribution: revisiting the Markov chain model," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 44269, European Association of Agricultural Economists.

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    Keywords

    Livestock Production/Industries;

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