A Re-examination of Multistage Economies in Hog Farming

Joshua D. Parcel, John Schroeter and Azzeddine M. Azzam

ISU General Staff Papers from Iowa State University, Department of Economics

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.

Date: 2017-12-01
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Journal Article: A Re-Examination of Multistage Economies in Hog Farming (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:isu:genstf:201712010800001625

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