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This study describes and compares cow-calf operations and assesses their relative competitiveness, developing performance measures for a sample of U.S. farms. We find that larger operations tend to be significantly more scale and technically efficient than smaller operations. However, we do not...
Persistent link: https://www.econbiz.de/10004989148
We use Monte Carlo experiments to assess the accuracy of two nonstructural and two statistical nonparametric market power tests. We implement these monopoly and monopsony market power tests using data from ten known market structures. The objective is to determine which test is most able to...
Persistent link: https://www.econbiz.de/10005806451
Persistent link: https://www.econbiz.de/10010881137
Using a linear programming model, this study evaluates the effects of commercializing new biotech-soybean varieties on the livestock producersÂ’ feed costs and formulations. Major findings include: (1) development of new alternative soybeans would benefit poultry meat producers more than egg...
Persistent link: https://www.econbiz.de/10005041538
Persistent link: https://www.econbiz.de/10011275398