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Beefpacking underwent a dramatic transformation in the 1970s and 1980s, as plants got much larger and industry concentration rose dramatically. We use individual Census Bureau plant records to analyze the sources of the transformation. We find that there were modest but extensive scale economies...
Persistent link: https://www.econbiz.de/10005686090
Beefpacking underwent a dramatic transformation in the 1970s and 1980s, as plants got much larger and industry concentration rose dramatically. We use individual Census Bureau plant records to analyze the sources of the transformation. We find that there were modest but extensive scale economies...
Persistent link: https://www.econbiz.de/10009392565
Persistent link: https://www.econbiz.de/10009392798
We use establishment based panel data to estimate a cost function which identifies the role of scale economies in hog slaughter consolidation. We find modest but extensive technological scale economies in the 1990s, and they became more important over time. But wages rose sharply with plant size...
Persistent link: https://www.econbiz.de/10009397261
Persistent link: https://www.econbiz.de/10009397914
This article uses a unique data set provided by the Census Bureau and a translog cost function to empirically examine technological change in the U.S. poultry industry. Results reveal substantial scale economies that show no evidence of diminishing with plant size and that are much greater than...
Persistent link: https://www.econbiz.de/10005202288
Persistent link: https://www.econbiz.de/10012274649
This article investigates the motives for mergers and acquisitions (M&As) in the U.S. meat products industry from 1977 to 1992. Results show that acquired meat and poultry plants were very productive before mergers, and that all but the very largest meat slaughter and processing plants and all...
Persistent link: https://www.econbiz.de/10005290938
This article investigates the motives for mergers and acquisitions (M&As) in the U.S. meat products industry from 1977 to 1992. Results show that acquired meat and poultry plants were very productive before mergers, and that all but the very largest meat slaughter and processing plants and all...
Persistent link: https://www.econbiz.de/10009392358
Persistent link: https://www.econbiz.de/10009392731