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A THEORY OF PACKER SELF PRODUCTION IN THE SWINE INDUSTRY
Jeffrey J. Reimer
2004 Annual meeting, August 1-4, Denver, CO from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
An analytical model is developed to explain the increasing tendency of pork packers to produce their own hogs. Upstream integration is motivated by recent events including increasing hog buyer consolidation and a need for traceability, but is held in check since it lowers upstream managerial incentives to make non-contractible investments.
Keywords: Livestock Production/Industries (search for similar items in EconPapers)
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