A Re-Examination of Multistage Economies in Hog Farming

Parcel Joshua D. (), John Schroeter and Azzeddine Azzam
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Parcel Joshua D.: Department of Economics, Iowa State University, Iowa, United States of America

Journal of Agricultural & Food Industrial Organization, 2017, vol. 15, issue 2, 15

Abstract: Current trends in the structure of hog production in the U.S. are toward facilities that are not only larger, but also more likely to be specialized, carrying out only some of the vertically linked phases of production in the same facility. This paper investigates the cost efficiency incentives for these changes by estimating a multistage cost function for hog production. Data are from the Hog Production Practices and Costs portion of the USDA’s 2004 Agricultural Resource Management Survey.

Keywords: ARMS data; hog production; scale and scope economies; vertical integration (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (2)

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Working Paper: A Re-examination of Multistage Economies in Hog Farming (2017)
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DOI: 10.1515/jafio-2017-0033

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