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| Roosen, Jutta; Hennessy, David A.. |
| Among the prominent recognized features of the industrialization of animal production over the past half century are growth in the stock of inflexible or use-dedicated capital as an input in production and growth in productivity. Less recognized is a trend toward aseasonal production. We record the deseasonalization of animal production in the United States and Europe over the past 70 years. We also suggest that (a) lower seasonality can precede or Granger-cause increased productivity because of increased capital intensity, and (b) productivity improvements can Granger-cause lower seasonality. Process (a) should be more likely earlier in the industrialization process. For U.S. dairy production, our empirical tests find some evidence that process (a)... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Capital intensity; Causality; Dairy; Regional production systems; Livestock Production/Industries. |
| Ano: 2004 |
URL: http://purl.umn.edu/18376 |
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| Hennessy, David A.. |
| Agricultural production is becoming more like manufacturing in the routinization of processes, the extent to which raw materials are processed, capital intensity, and its emphasis on throughput. Some ascribe the changes to demand-side factors while others look to technological innovations. Emphasizing cost seasonality as a reference indicator for nature's role in agricultural production, this paper develops a simple model that includes both supply and demand sides. We show how cost seasonality can impede product development to meet consumer needs and find that there may be a ceiling level of cost seasonality below which a non-seasonal equilibrium production profile occurs. Price seasonality is decreasing in cost seasonality. An increase in demand for... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Industrialization; Lifestyle changes; Regional production systems; Value added; Consumer/Household Economics; Marketing. |
| Ano: 2004 |
URL: http://purl.umn.edu/18529 |
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