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A Re-Examination of Multistage Economies in Hog Farming

Author

Listed:
  • Parcel Joshua D.

    (Department of Economics, Iowa State University, Iowa, United States of America)

  • Schroeter John R.

    (Department of Economics, Iowa State University, Iowa, United States of America)

  • Azzam Azzeddine M

    (Department of Agricultural Economics, University of Nebraska – Lincoln, Lincoln, USA)

Abstract

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.

Suggested Citation

  • Parcel Joshua D. & Schroeter John R. & Azzam Azzeddine M, 2017. "A Re-Examination of Multistage Economies in Hog Farming," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 15(2), pages 1-15, December.
    • Handle: RePEc:bpj:bjafio:v:15:y:2017:i:2:p:15:n:3
    DOI: 10.1515/jafio-2017-0033
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    References listed on IDEAS

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    1. MacDonald, James M. & Perry, Janet E. & Ahearn, Mary Clare & Banker, David E. & Chambers, William & Dimitri, Carolyn & Key, Nigel D. & Nelson, Kenneth E. & Southard, Leland W., 2004. "Contracts, Markets, and Prices: Organizing the Production and Use of Agricultural Commodities," Agricultural Economic Reports 34013, United States Department of Agriculture, Economic Research Service.
    2. repec:ags:unassr:235089 is not listed on IDEAS
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    Cited by:

    1. Ryota Nakatani, 2024. "Food companies' productivity dynamics: Exploring the role of intangible assets," Agribusiness, John Wiley & Sons, Ltd., vol. 40(1), pages 185-226, January.

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