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The Effect Of Market Concentration On Lamb Marketing Margins

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  • Brester, Gary W.
  • Musick, Douglas C.
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    Abstract

    The national four-firm concentration ratio in the lamb slaughtering and processing industry increased from 55 percent in 1980 to 70 percent in 1992. The effect of increasing lamb packer concentration on lamb marketing margins is examined. A relative price spread (RPS) model for farm-to-wholesale and wholesale-to-retail marketing margins was estimated using three-stage least squares (3SLS). The 3SLS results indicate that increased lamb packer concentration has had relatively small, positive effects on lamb marketing margins.

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    File URL: http://purl.umn.edu/15327
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    Bibliographic Info

    Article provided by Southern Agricultural Economics Association in its journal Journal of Agricultural and Applied Economics.

    Volume (Year): 27 (1995)
    Issue (Month): 01 (July)
    Pages:

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    Handle: RePEc:ags:joaaec:15327

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    Web page: http://www.saea.org/jaae/jaae.htm
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    Related research

    Keywords: Lamb industry; Market concentration; Marketing margins; Livestock Production/Industries; Marketing;

    References

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    1. Ward, Clement E., 1984. "An Empirical Study Of Competition In The Price Discovery Process For Slaughter Lambs," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 9(01), July.
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    Cited by:
    1. Marsh, John M., 2001. "U.S. Feeder Cattle Prices: Effects Of Finance And Risk, Cow-Calf And Feedlot Technologies, And Mexican Feeder Imports," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 26(02), December.
    2. Abdulkadri, Abdullahi O. & Ajibefun, Igbekele A., 2004. "An Analysis Of Farm-Retail Price Spread For Jamaican Fresh Fruits," 2004 Annual Meeting, February 14-18, 2004, Tulsa, Oklahoma 34648, Southern Agricultural Economics Association.
    3. Richards, Timothy J. & Patterson, Paul M. & van Ispelen, Pieter, 1998. "Modeling Fresh Tomato Marketing Margins: Econometrics And Neural Networks," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 27(2), October.
    4. Marsh, John M. & Brester, Gary W., 1999. "Technological Change In The U.S. Beef And Pork Sectors: Impacts On Farm-Wholesale Marketing Margins And Livestock Prices," Trade Research Center Research Discussion Papers 29242, Montana State University, Department of Agricultural Economics and Economics.

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