Pritchett, James G.; Liu, Donald J. - Agricultural and Applied Economics Association - AAEA - 1999
The U.S. pork sector is evolving from an industry of small, independent firms vertically linked by spot markets to one … this tighter vertical arrangement include lower consumer pork prices, although the true nature of this benefit is still … paper is to develop an econometric model to estimate the extent of backward integration by pork processing firms into the …