An Interregional Analysis of the Fed Beef Economy

Willard F. Williams and Raymond A. Dietrich

No 307300, Agricultural Economic Reports from United States Department of Agriculture, Economic Research Service

Abstract: Excerpts from the report Highlights: The evolution of the Nation 's fed beef industry since World War II has directed increased attention to problems associated with interregional adjustment. In this study of changing interregional economic relationships, the fed beef economy was conceived as a closely interrelated system of markets and supply areas. The analysis was confined within a carefully designed set of restrictive assumptions regarding underlying economic circumstances. These assumptions were systematically altered so that effects of specified situations or variables could be measured. The study confirms the widely accepted hypothesis that location and transportation costs are important determinants of competitive market power in interregional fed beef commerce.

Keywords: Livestock Production/Industries; Production Economics (search for similar items in EconPapers)
Pages: 62
Date: 1966-04
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerser:307300

DOI: 10.22004/ag.econ.307300

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