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| Chidmi, Benaissa; Fadiga, Mohamadou L.. |
| This study analyses the stochastic behavior of price-cost margins (PCMs) in the U.S. meat industry. It, first, develops and estimates a vertical relationship economic model to derive PCMs in the U.S. meat industry (Beef, Pork, and Poultry). Second it analyzes the behavior of PCMs by decomposing them into their seasonal, cyclical, and trend components using the state-space and the Kalman filtering methods. Price-cost margins in the U.S. meat industry are governed by two common trends and two common cycles. The study also found cyclical variability of PCMs is the highest with chicken, secular variability of PCMs is the highest with pork, while seasonal variability of PCMs is the highest with beef. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Price-cost margins; Market channel; Meat industry; State-space Kalman filter; Demand and Price Analysis; Livestock Production/Industries. |
| Ano: 2007 |
URL: http://purl.umn.edu/9745 |
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| Mainville,Denise Y.; Reardon,Thomas. |
| This paper examined the relationships between growers choice of market channel (emphasizing the supermarket market-channel versus others), technology use, and grower characteristics such as human capital and farm size. Three key findings emerged. First, both tomato and lettuce growers selling to the supermarket market-channel had more human capital than those not participating. Second, while farm size was important in whether lettuce growers sell to supermarkets, it was not important for tomato growers. Third, technology use was significantly more capital-intensive among lettuce growers selling to the supermarket channels, however, that was generally not the case for tomato growers. These results are important to agribusiness researchers and policymakers... |
| Tipo: Info:eu-repo/semantics/article |
Palavras-chave: Market channel; Produce; Supermarkets; Horticulture. |
| Ano: 2007 |
URL: http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0103-20032007000300007 |
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