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Registros recuperados: 17
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A MODEL OF IMPERFECT COMPETITION USING MARGINAL INPUT AND OUTPUT PRICES: APPLICATION TO THE BEEF PACKING INDUSTRY AgEcon
Muth, Mary K.; Wohlgenant, Michael K..
Based on Diewert's idea that models under competition can be generalized to imperfect competition using marginal prices, we develop a test for imperfect competition in the beef packing industry. Our model is more general and flexible than those depending on empricial estimates of the input supply and output demand elasticities.
Tipo: Conference Paper or Presentation Palavras-chave: Agribusiness; Demand and Price Analysis.
Ano: 1998 URL: http://purl.umn.edu/20853
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Acrylamide: The Next Food Safety Issue? AgEcon
Viator, Catherine; Muth, Mary K..
Tipo: Journal Article Palavras-chave: Food Consumption/Nutrition/Food Safety.
Ano: 2004 URL: http://purl.umn.edu/93696
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Alternative Marketing Arrangements in the Livestock and Meat Industries (Power Point Presentation) AgEcon
Muth, Mary K..
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries.
Ano: 2006 URL: http://purl.umn.edu/33291
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Analysis of the Economic Effects of Requiring Post-harvest Processing for Raw Oysters AgEcon
Muth, Mary K.; Viator, Catherine; Karns, Shawn A..
Tipo: Conference Paper or Presentation Palavras-chave: Oysters; Post-harvest processing; Hydrostatic pressure; Cool pasteurization; GIS; Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety; L510; Q180; Q220.
Ano: 2011 URL: http://purl.umn.edu/103814
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Differences in Prices and Price Risk Across Alternative Marketing Arrangements Used in the Fed Cattle Industry AgEcon
Muth, Mary K.; Liu, Yanyan; Koontz, Stephen R.; Lawrence, John D..
Information on prices and price risk differences across marketing arrangements aids fed cattle producers in making choices about marketing methods. As part of the congressionally mandated Livestock and Meat Marketing Study, we investigated fed cattle price and price risk differences across marketing arrangements. The analysis uses data representing cattle purchased by 29 large beef packing plants from October 2002 through March 2005. Results indicate that marketing agreements offered the best tradeoff between price level and price risk. Forward contracts had the lowest average yet highly volatile prices. Auction barn prices were higher than other methods but also the most volatile.
Tipo: Journal Article Palavras-chave: Alternative marketing arrangements; Fed cattle; Hedonic; Price risk; Price volatility; Prices; Livestock Production/Industries; Marketing; Risk and Uncertainty.
Ano: 2008 URL: http://purl.umn.edu/36711
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Differences in Prices and Price Risk across Alternative Marketing Arrangements Used in the Fed Cattle Industry AgEcon
Muth, Mary K.; Liu, Yanyan; Koontz, Stephen R.; Lawrence, John D..
Information on typical differences in prices and price risk (as measured by the variances of prices) across marketing arrangements aids fed cattle producers in making choices about methods to use for selling fed cattle to beef packers. This information is also useful for policy discussions on merits and drawbacks of alternative marketing arrangements. As part of the congressionally mandated Livestock and Meat Marketing Study, we investigated differences in prices and price risk for fed cattle cash market and alternative marketing arrangements. The modeling approach, which is similar to a hedonic model, controls for differences in cattle quality and delivery month and accounts for the within- and across-week correlation in prices. The analysis uses a recent...
Tipo: Conference Paper or Presentation Palavras-chave: Alternative marketing arrangements; Fed cattle; Prices; Price volatility; Price risk; Hedonic.
Ano: 2007 URL: http://purl.umn.edu/37578
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Effects of Post-Harvest Treatment Requirements on the Markets for Oysters AgEcon
Muth, Mary K.; Karns, Shawn A.; Anderson, Donald W.; Murray, Brian C..
Because of public health concerns, regulators are considering requiring post-harvest treatment of halfshell and shucked oysters by wholesalers and processors. Two recently developed post-harvest treatment technologies may actually reduce the costs of producing shucked oysters, but would increase the costs of halfshell oysters. An interregional model of the wholesale oyster industry is developed to estimate the effects of treatment requirements on prices, output, and employment. If post-harvest treatment is required for all Gulf oysters, price increases are estimated to be less than 20% and, in some cases, prices decrease. Results indicate producer and consumer losses in the halfshell market are partially or more than offset by gains in the shucked market.
Tipo: Journal Article Palavras-chave: Food Consumption/Nutrition/Food Safety.
Ano: 2006 URL: http://purl.umn.edu/31388
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EXIT OF MEAT SLAUGHTER PLANTS DURING IMPLEMENTATION OF THE PR/HACCP REGULATIONS AgEcon
Muth, Mary K.; Karns, Shawn A.; Wohlgenant, Michael K.; Anderson, Donald W..
Implementation of the Pathogen Reduction and Hazard Analysis and Critical Control Points (PR/HACCP) regulations has occurred across all U.S. meat and poultry plants. A probit model is estimated to determine which factors have affected the probability of red meat slaughter plant exit during implementation of the regulations. While controlling for plant-level, company-level, regional-level, and supply conditions that may affect the probability of plant exit, smaller plants are found to exhibit a much greater probability of exit than larger plants. Other factors affecting plant exit include plant age, market share relative to the degree of market concentration, regional entry rates, and state-level wage rates.
Tipo: Journal Article Palavras-chave: Agribusiness.
Ano: 2002 URL: http://purl.umn.edu/31073
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Food Safety Audits, Plant Characteristics, and Food Safety Technology Use in Meat and Poultry Plants AgEcon
Ollinger, Michael; Muth, Mary K.; Karns, Shawn A.; Choice, Zanethia.
Food safety technology can increase a company’s capacity to prevent a foodborne contamination. A food safety audit—a quality control tool in which an auditor observes whether a plant’s processing practices and technologies are compatible with good food safety practices—can indicate how effectively food safety technology is being used. Fast food restaurants, grocery stores, and other major customers of meat and poultry processing plants conduct their own audits or hire auditors to assess the soundness of a plant’s processing operation. Meat and poultry plants can also audit themselves as a way to help maintain process control. In this report, we document the extent of food safety audits in meat and poultry processing plants. We also examine the associations...
Tipo: Report Palavras-chave: Meat and poultry processing; Safety standards; Product recalls; Food safety technology; Food safety audits; Agribusiness; Food Consumption/Nutrition/Food Safety; Industrial Organization; Livestock Production/Industries.
Ano: 2011 URL: http://purl.umn.edu/117989
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Impacts of Alternative Marketing Agreement Cattle Procurement Volumes on Packer Costs: Evidence from Plant-Level P&L Data AgEcon
Koontz, Stephen R.; Muth, Mary K.; Lawrence, John D..
It has been argued that access to captive supply cattle improve the economic efficiency of beef packing facilities. However, this argument has not been subject to hypothesis testing. This work models the cost efficiencies associated with captive supplies or cattle we refer to as being sourced through alternative marketing agreements (AMAs). We find that slaughter and processing costs are lower ceteris paribus for AMA cattle than for cash market cattle. We find that plants that slaughter cattle from AMA sources operate at higher monthly volumes ceteris paribus and lower average costs per head. And we find that plants that slaughter cattle from AMA sources have more predictable volumes ceteris paribus and have lower average costs per head. If AMAs were...
Tipo: Conference Paper or Presentation
Ano: 2007 URL: http://purl.umn.edu/37559
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MEASURING THE DEGREE OF OLIGOPSONY POWER IN THE BEEF PACKING INDUSTRY IN THE ABSENCE OF MARKETING INPUT QUANTITY DATA AgEcon
Muth, Mary K.; Wohlgenant, Michael K..
We develop a model to measure the degree of oligopsony power in the beef packing industry, while accommodating variable proportions technology, that can be estimated with fewer data requirements. In particular, nonspecialized input quantities, which are often not available, are not needed. Through application of the envelope theorem, we show that the relationship between value marginal product and marginal factor cost can be defined over the prices of the nonspecialized inputs rather than their corresponding quantities. When applied to the beef packing industry, we find no evidence of oligopsony power over our 1967-93 sample period.
Tipo: Journal Article Palavras-chave: Agribusiness.
Ano: 1999 URL: http://purl.umn.edu/30795
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Meat Processors Purchasing and Sale Practices: Lessons Learned from the GIPSA Livestock and Meat Marketing Study AgEcon
Lawrence, John D.; Muth, Mary K.; Taylor, Justin; Koontz, Stephen R..
The meat value chain is a complex organization with multiple participants performing numerous value added functions. Perhaps the most complex and least well understood segment is that downstream from the packer, e.g., the processor, wholesaler, exporter, retailer and food service (or restaurant) operator. One portion of the Livestock and Meat Marketing Study provided an overview of marketing and pricing methods used in this sector and, in particular, the results of analyses of the relationship between use of alternative marketing arrangements (AMAs) and the distribution and sales of meat products downstream from the packer. The analyses include both beef and pork products, are descriptive and focus on the relationships among industry articipants beyond...
Tipo: Conference Paper or Presentation Palavras-chave: Downstream meat marketing; Alternative marketing arrangements; Supply chain.
Ano: 2007 URL: http://purl.umn.edu/37561
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PLANT ENTRY AND EXIT FROM THE MEATPACKING INDUSTRY DURING PATHOGEN REDUCTION AND HACCP IMPLEMENTATION AgEcon
Wohlgenant, Michael K.; Karns, Shawn A.; Muth, Mary K.; Anderson, Donald W..
Implementation of the Pathogen Reduction and Hazard Analysis and Critical Control Points (PR/HACCP) regulations has now occurred across all U.S. meat and poultry plants. Using databases of plants under federal inspection, we estimate a probit model to determine which factors have affected the probability of exit of meat slaughtering plants during implementation of the regulations.
Tipo: Conference Paper or Presentation Palavras-chave: Industrial Organization; Livestock Production/Industries.
Ano: 2001 URL: http://purl.umn.edu/20673
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THE FABLE OF THE BEES REVISITED: CAUSES AND CONSEQUENCES OF THE U.S. HONEY PROGRAM AgEcon
Muth, Mary K.; Rucker, Randal R.; Thurman, Walter N.; Chuang, Ching-Ta.
In his 1973 paper, Steven Cheung discredited the "fable of the bees" by demonstrating that markets for beekeeping services exist and that they function well. Although economists heeded Cheung's lessons, policy makers did not. The honey program—-the stated purpose of which was to promote the availability of pollination services—operated for almost 50 years, supporting the price of honey through a variety of mechanisms. Its effects were minor before the 1980s but then became important with annual government expenditures near $100 million for several years. Reforms of the program in the late 1980s reduced its market effects and budget costs, returning it to its original role as a minor commodity program. The 1996 Farm Bill formally eliminated the honey...
Tipo: Working or Discussion Paper Palavras-chave: Agricultural and Food Policy.
Ano: 2001 URL: http://purl.umn.edu/29153
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THE ROLE OF IDENTITY-PRESERVATION SYSTEMS IN FOOD-MANUFACTURER RESPONSES TO BIOENGINEERED FOODS AgEcon
Muth, Mary K.; Mancini, Dominic; Viator, Catherine.
With the availability of bioengineered food ingredients, food manufacturers must choose whether to produce foods that do not contain bioengineered ingredients and, in the near future, whether to produce foods that contain ingredients enhanced through bioengineering. In either of these cases, food manufacturers must develop an identity-preservation system to preserve the attributes of food products throughout production and distribution. Using information obtained through interviews with food manufacturers, trade associations, and industry consultants, this paper focuses on the characteristics of identity-preservation systems that may be needed for producing nonbioengineered or enhanced bioengineered foods.
Tipo: Journal Article Palavras-chave: Agribusiness.
Ano: 2003 URL: http://purl.umn.edu/27950
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The Value to Consumers of Health Labeling Statements on Breakfast Foods and Cereals AgEcon
Muth, Mary K.; Zhen, Chen; Taylor, Justin; Cates, Sheryl; Kosa, Katherine M.; Zorn, David; Choiniere, Conrad J..
Food manufacturers have an incentive to include nutrient content claims, health claims, or other types of labeling statements on foods if they believe that consumers will be willing to pay more for products with specific attributes. We estimated semi-log hedonic price regressions for five breakfast bar and cereal product categories using Nielsen ScanTrack scanner data for 2004 and found that labeling statements for these foods are often associated with substantial increases in consumer willingness to pay. The largest effects were associated with “carb-conscious” carbohydrate labeling (reflecting the time period of the data), followed by fat and sugar content labeling statements.
Tipo: Conference Paper or Presentation Palavras-chave: Labeling statements; Nutrient content claims; Health claims; Scanner data; Willingness to pay; Hedonic; Agricultural and Food Policy; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety.
Ano: 2009 URL: http://purl.umn.edu/50333
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Theme Overview: Addressing the Obesity Challenge AgEcon
Muth, Mary K..
Tipo: Journal Article Palavras-chave: Obesity; BMI; Nutrition; Food choices; Food Consumption/Nutrition/Food Safety; I1; Q1.
Ano: 2010 URL: http://purl.umn.edu/95746
Registros recuperados: 17
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