Data/hora: 07/06/2024 02:41:10

Provedor de dados: | 31
País: | United States
Título: | ANALYSIS OF CHANGING METHODS OF VERTICAL COORDINATION IN THE PORK INDUSTRY
Autores: | Martinez,   Stephen W.; Smith,   Kevin E.; Zering,   Kelly D.
Data: | 2003-02-13
Ano: | 1998
Palavras-chave: | Contracts; Hogs; Lean pork; Simulation model; Vertical coordination; Vertical integration; Industrial Organization; Livestock Production/Industries.
Resumo: | This study examines the motivation behind contracts and vertical integration in the pork industry, and simulates the effects of potential improvements in coordination.  Incentives related to lowering costs of measuring and sorting hogs, and protecting against opportunistic behavior associated with specific assets, can result in hog quality improvements.  A framework for simulating the effects of increased coordination through contracts and vertical integration was developed and used to evaluate potential improvements in leanness.  Although simulations suggest only modest changes in pork prices and supplies, gains in consumers' surplus could be substantial for larger demand shifts due to quality improvements.
Tipo: | Journal Article
Idioma: | Inglês

Identificador:

7171

http://purl.umn.edu/15561

Editor: | AgEcon Search
Relação: | Journal of Agricultural and Applied Economics&gt;Volume 30, Number 02, December 1998

Formato:

11

application/pdf