|
|
|
|
| |
|
|
| MacDonald, James M.; Ollinger, Michael; Nelson, Kenneth E.; Handy, Charles R.. |
| Meatpacking consolidated rapidly in the last two decades: slaughter plants became much larger, and concentration increased as smaller firms left the industry. We use establishment-based data from the U.S. Census Bureau to describe consolidation and to identify the roles of scale economies and technological change in driving consolidation. Through the 1970's, larger plants paid higher wages, generating a pecuniary scale diseconomy that largely offset the cost advantages that technological scale economies offered large plants. The larger plants' wage premium disappeared in the 1980's, and technological change created larger and more extensive technological scale economies. As a result, large plants realized growing cost advantages over smaller plants, and... |
| Tipo: Report |
Palavras-chave: Concentration; Consolidation; Meatpacking; Scale economies; Structural change; Industrial Organization; Livestock Production/Industries. |
| Ano: 2000 |
URL: http://purl.umn.edu/34021 |
| |
|
| |
|
|
| Hornung, Jonathan T.; Ward, Clement E.. |
| Previous research has estimated price effects of meat packing plant closings and openings. However, none have been done for plants opening or closing during the last 20 years ago when concentration in meatpacking increased rapidly. Plant openings and closings affect industry slaughtering capacity. Many analysts contribute the lack of processing capacity to handle the large supply of hogs in 1998 a major factor why spot market hog prices plummeted to unprecedented lows. Just eight months after the capacity constraint in slaughter hogs, Maple Leaf Foods opened a hog processing plant in Brandon, Manitoba. A second but opposite event occurred in the beef industry in an area of concentrated cattle feeding and meatpacking. On Christmas day, 2000, the ConAgra fed... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Meatpacking; Fed cattle; Slaughter hogs; Marketing; Prices; Agribusiness. |
| Ano: 2003 |
URL: http://purl.umn.edu/18981 |
| |
|
| |
|
|
|
