Market concentration and vertical coordination in the pork industry: Implications for public policy analysis

Philip L. Paarlberg and Mildred M. Haley
Additional contact information
Philip L. Paarlberg: Department of Agricultural Economics, 1145 Krannert Building, Purdue University, West Lafayette, IN 47907, Postal: Department of Agricultural Economics, 1145 Krannert Building, Purdue University, West Lafayette, IN 47907
Mildred M. Haley: Economic Research Service, U.S. Department of Agriculture, 1800 M Street NW, Washington, DC 20036, Postal: Economic Research Service, U.S. Department of Agriculture, 1800 M Street NW, Washington, DC 20036

Agribusiness, 2001, vol. 17, issue 2, 197-212

Abstract: Concentration in the pork industry has increased and spawned concerns over market power. Agricultural policy instruments operate differently under imperfect competition. This article analyzes the impacts of policy instruments when the pork industry is assumed to be imperfectly competitive. The arguments are made that policy instruments can be categorized into those with impacts independent of market conduct and those with impacts dependent on market conduct. If the policy objective is to raise swine grower welfare, markets need to remain open to trade, the use of quantitative policy instruments should be avoided, and domestic subsidies to packers must be effective. [Econ Lit citation: L130, L660, Q118] © 2001 John Wiley & Sons, Inc.

Date: 2001
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1002/agr.1011 Link to full text; subscription required (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wly:agribz:v:17:y:2001:i:2:p:197-212

DOI: 10.1002/agr.1011

Access Statistics for this article

Agribusiness is currently edited by Ronald W. Cotterill

More articles in Agribusiness from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley Content Delivery ().