Measuring Efficiency in the Beef-Pork Sector by Price Analysis

John E. Trierweiler and James B. Hassler

Journal of Agricultural Economics Research, 1971, vol. 23, issue 01, 8

Abstract: The price structure of the beef-pork sector from the retail level back to the primary production level is evaluated in order to identify areas of inefficient performance. Results indicated efficient pricing performance between the slaughter and the retail levels. Results between the ranch and feedlot levels indicated a weak and distorted price structure. This appeared to be due to the inability of the price system to serve both as a mechanism of trade and as a signal for the organization and timing of future production.

Keywords: Demand and Price Analysis; Livestock Production/Industries; Research Methods/Statistical Methods (search for similar items in EconPapers)
Date: 1971
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersja:146927

DOI: 10.22004/ag.econ.146927

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