ECONOMIC ANALYSIS OF THE CHANGING STRUCTURE OF THE U.S. FERTILIZER INDUSTRY

C.S. Kim, Harold Taylor, Charles B. Hallahan and Glenn Schaible ()

No 20513, 2001 Annual meeting, August 5-8, Chicago, IL from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This article evaluates structural changes in the U.S. nitrogen fertilizer industry by using a decomposed Negative Binomial Regression model. Results indicate that the U.S. nitrogen fertilizer industry can be characterized as an industry involving price leadership in oligopoly. Declining profit-margins might have forced fertilizer producers to consolidate and eliminate duplicate operations. The market concentration level is expected to intensify as the natural gas price rises.

Keywords: Agribusiness (search for similar items in EconPapers)
Pages: 18
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea01:20513

DOI: 10.22004/ag.econ.20513

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