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Binary logit regression models were used to estimate factors affecting adoption of recommended management practices. Variables analyzed include aspects of farm structure, human capital, farm objectives, and production system employed by the producer. Results reveal that operation size and...
Persistent link: https://www.econbiz.de/10008518938
In this paper, the new empirical industrial organization approach with a dynamic model is simultaneously employed to measure the degree of oligopoly, oligopsony power, and cost efficiency in the U.S. beef packing industry. The oligopsony power is estimated with two effects: cash cattle...
Persistent link: https://www.econbiz.de/10009020607
The purpose of this paper is to examine the impact of bilateral imperfect competition between processors and retailers and of import supply on optimal advertising intensity, advertising expenditures, and checkoff assessment rates. First, comparative static analyses were conducted on the newly...
Persistent link: https://www.econbiz.de/10010881011