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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 paper uses a unique data set provided by the Census Bureau to empirically examine technological change and economies of scale in the chicken and turkey slaughter industries. Results reveal substantial scale economies that show no evidence of diminishing with plant size and that are much...
Persistent link: https://www.econbiz.de/10005058755
Persistent link: https://www.econbiz.de/10005494161
Cost function analyses using data from the U.S. Bureau of the Census reveal substantial scale economies in chicken and turkey slaughter. These economies show no evidence of diminishing as plant size increases, are much greater than those realized in cattle and hog slaughter, and have resulted in...
Persistent link: https://www.econbiz.de/10005801580
Persistent link: https://www.econbiz.de/10005793599
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