IDEAS home Printed from https://ideas.repec.org/a/ags/wjagec/32570.html
   My bibliography  Save this article

The Effects Of Industry Structure On Price: A Case In The Beef Industry

Author

Listed:
  • Menkhaus, Dale J.
  • St. Clair, James S.
  • Ahmaddaud, A. Zahedi

Abstract

This study estimates the influence of concentration and other structural variables on the price of slaughter cattle. Cross-sectional data were used to estimate a single equation model which included, in addition to traditional factor demand variables, packer concentration and a measure of market power exerted by feedlots. Results suggest that packer concentration has had a significant and increasing negative impact on fed cattle prices during the years of analysis, 1972 and 1977.

Suggested Citation

  • Menkhaus, Dale J. & St. Clair, James S. & Ahmaddaud, A. Zahedi, 1981. "The Effects Of Industry Structure On Price: A Case In The Beef Industry," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 6(2), pages 1-8, December.
    • Handle: RePEc:ags:wjagec:32570
    DOI: 10.22004/ag.econ.32570
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/32570/files/06020147.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.32570?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. repec:bla:econom:v:46:y:1979:i:183:p:295-300 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Buccola, Steven T., 1989. "Pricing Efficiency In Agricultural Markets: Issues, Methods, And Results," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 14(1), pages 1-11, July.
    2. Azzam, Azzeddine M., 1998. "Competition in the US meatpacking industry: is it history?," Agricultural Economics, Blackwell, vol. 18(2), pages 107-126, March.
    3. Capps, Oral, Jr. & Byrne, Patrick J. & Williams, Gary W., 1995. "Analysis Of Marketing Margins In The U.S. Lamb Industry," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 24(2), pages 1-9, October.
    4. Ward, Clement E., 1987. "Productivity-Concentration Relationship In The U.S. Meatpacking Industry," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 19(2), pages 1-6, December.
    5. Capps, Oral & Alan Love, H. & Williams, Gary W. & Adams, Wendi L., 1999. "Examining Packer Choice of Slaughter Cattle Procurement and Pricing Methods," Agricultural and Resource Economics Review, Cambridge University Press, vol. 28(1), pages 11-25, April.
    6. N/A, 1986. "Testing For Price Taking Behavior In Input Markets: An Application To The Meat Packing Industry," 1986 Annual Meeting, July 27-30, Reno, Nevada 278440, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    7. Ward, Clement E., 1984. "An Empirical Study Of Competition In The Price Discovery Process For Slaughter Lambs," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 9(1), pages 1-10, July.
    8. Fausti, Scott & Diersen, Matthew & Qasmi, Bashir & Adamson, Bill, 2015. "The Influence of Market Power and Market Trends on Grid Market Signals," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 40(1), pages 1-12.
    9. Schroeder, Ted & Jones, Rodney & Mintert, James & Barkley, Andrew, 1991. "The Impacts of Captive Supplies on the Fed Cattle Industry," Staff Papers 232404, Virginia Polytechnic Institute and State University, Department of Agricultural and Applied Economics.
    10. Marion, Bruce W. & Geithman, Frederick E., 1994. "Concentration-Price Relations in Regional Fed Cattle Markets," Research Reports 25213, University of Connecticut, Food Marketing Policy Center.
    11. Fausti, Scott W. & Qasmi, Bashir A. & Diersen, Matthew A & Adamson, Bill, 2014. "Grid Valuation of Beef Carcass Quality: Market Power and Market Trends," Economics Staff Papers 171423, South Dakota State University, Department of Economics.
    12. Taylor, Donald C., 1994. "Livestock Manure Production and Disposition: South Dakota Feedlots-Farms-Ranches," Economics Research Papers 232155, South Dakota State University, Department of Economics.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:wjagec:32570. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/waeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.