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This study presents evidence that contracting is positively associated with the scale of production for six major U … likelihood of an operation contracting increases with its scale. This relationship is strongest in the cattle and hog sectors … scale and contracting are proposed, including imperfect capital markets, contractor transaction costs, input leverage …
Persistent link: https://www.econbiz.de/10009429545
This study estimates the elasticities of wholesale food prices, cost efficiency, and market power with respect to industrial concentration in 35 food processing industries, modifying the model of Lopez, Azzam, and Lirón-España (2002). In contrast to the results of their earlier analysis,...
Persistent link: https://www.econbiz.de/10008519355
attributes associated with both business arrangements. The benefits to growers from contracting (such as risk reduction) may be … estimate (1) the difference in expected net returns between contracting and independent production, (2) the premium a …
Persistent link: https://www.econbiz.de/10009429478
Persistent link: https://www.econbiz.de/10011822905
Against the background of increasing competitive pressures and growing requirements with regard to food quality and safety, the significance of network-wide collaboration in food production has been pointed out in recent years. With this in mind, it is the objective of this paper to analyse pig...
Persistent link: https://www.econbiz.de/10010909638
Economic Simulation model (SIMETAR) was used to investigate the effect of future corn price on profitability of control and phytase enhanced diet of hogs. The completed simulation model was used to estimate probability distribution for control vs lower excretion diet profitability under...
Persistent link: https://www.econbiz.de/10005459778
Hog production in 2004 was characterized by wide variation in the types, sizes, and economic performance of operations. Operations specializing in a single production phase generated more than three times the product value, on average, of those using the traditional farrow-to-finish approach....
Persistent link: https://www.econbiz.de/10005480347
A developing economy like India is often characterised by a labour market with demand and supply of labour and a wage that even if competitively determined may not be adequate for the poor household to reach their target income; what they consider as means of a decent living. Envisaging...
Persistent link: https://www.econbiz.de/10008682006
Persistent link: https://www.econbiz.de/10012268004
contract under moral hazard with heterogeneous agents. Using micro level data on swine production contract settlements, we …
Persistent link: https://www.econbiz.de/10004979624