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The exercise of market power by broiler processing firms (integrators) is plausible because local markets for growers are concentrated and because growers face hold-up risks arising from substantial investments in specific assets set against limited integrator purchase commitments. This article...
Persistent link: https://www.econbiz.de/10011142804
Using farm-level panel data from the U.S. Census of Agriculture, this research examines whether hog producers with production contracts increased output more, or were more likely to survive in business over 5 years, compared with independent producers. Additionally, this research examines...
Persistent link: https://www.econbiz.de/10011082925
Anaerobic digesters that capture and burn manure methane can provide a renewable source of energy and reduce greenhouse gas emissions. Paying producers for these emission reductions—either directly or through a carbon offset market—could substantially increase digester adoption....
Persistent link: https://www.econbiz.de/10009653573
The U.S. hog industry has experienced dramatic structural changes and rapid increases in farm productivity. A stochastic frontier analysis is used to measure hog enterprise total factor productivity (TFP) growth between 1992 and 2004 and to decompose this growth into technical change and changes...
Persistent link: https://www.econbiz.de/10005320898