Productivity-Concentration Relationship In The U.S. Meatpacking Industry
AbstractPrevious research found a positive relationship between concentration and total factor productivity in food manufacturing. On industry (i.e., meatpacking plants [SIC 2011]) was selected for independent analysis due to a relatively sharp increase in concentration in recent years. The methodology chosen was similar to previous studies. Total factor productivity increased 2.4 percent per year, and labor productivity increased 3.3 percent per year for meatpacking plants over the 1958-82 period. Concentration in meatpacking did not positively or negatively affect total factor productivity or labor productivity over the 25-year study period.
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Bibliographic InfoArticle provided by Southern Agricultural Economics Association in its journal Southern Journal of Agricultural Economics.
Volume (Year): 19 (1987)
Issue (Month): 02 (December)
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- Ward, Clement E., 1982. "Relationship Between Fed Cattle Market Shares And Prices Paid By Beefpackers In Localized Markets," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 7(01), July.
- Lustgarten, Steven, 1979. "Gains and Losses from Concentration: A Comment," Journal of Law and Economics, University of Chicago Press, vol. 22(1), pages 183-90, April.
- Ward, Clement E., 1981. "Short-Period Pricing Models For Fed Cattle And Impacts Of Wholesale Carcass Beef And Live Cattle Futures Market Prices," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 13(01), July.
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