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A THEORY OF PACKER SELF PRODUCTION IN THE SWINE INDUSTRY

Jeffrey J. Reimer ()

No 19936, 2004 Annual meeting, August 1-4, Denver, CO from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: 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)
Date: 2004
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