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Implications Of Increased Regional Concentration And Oligopsonistic Coordination In The Beef Packing Industry

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Author Info
Azzam, Azzeddine M.
Schroeter, John R.

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Abstract

This article proposes an oligopsony pricing model for projecting the effects of increased concentration or oligopsonistic coordination in beef packing using simulation methods. The model combines an explicit behavioral theory of packing firms with an attempt to respect the regional scope of cattle procurement markets. Our results indicate less danger of falling cattle prices, as a results of increase packer concentration or coordination, than do results from conventional econometric studies.

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File URL: http://purl.umn.edu/32616
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Publisher Info
Article provided by Western Agricultural Economics Association in its journal Western Journal of Agricultural Economics.

Volume (Year): 16 (1991)
Issue (Month): 02 (December)
Pages:
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Handle: RePEc:ags:wjagec:32616

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Keywords: Industrial Organization;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Dickson, V. A. & Yu, Weiqiu, 1989. "Welfare losses in Canadian manufacturing under alternative oligopoly regimes," International Journal of Industrial Organization, Elsevier, vol. 7(2), pages 257-267, June. [Downloadable!] (restricted)
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  1. Muth, Mary K. & Wohlgenant, Michael K., 1998. "A Model Of Imperfect Competition Using Marginal Input And Output Prices: Application To The Beef Packing Industry," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20853, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  2. Capps, Oral, Jr. & Love, H. Alan & Williams, Gary W. & Adams, Wendi L., 1999. "Examining Packer Choice Of Slaughter Cattle Procurment And Pricing Methods," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 28(1), April. [Downloadable!]
  3. Xia, Yin & Buccola, Steven, 2000. "Technological Performance In Meat Processing And Implications For Policy," 2000 Annual meeting, July 30-August 2, Tampa, FL 21862, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  4. Marion, Bruce W. & Geithman, Frederick E., 1994. "Concentration-Price Relations in Regional Fed Cattle Markets," Research Reports 25213, University of Connecticut, Food Marketing Policy Center. [Downloadable!]
  5. Ronchi, Loraine, 2006. "Fairtrade and market failures in agricultural commodity markets," Policy Research Working Paper Series 4011, The World Bank. [Downloadable!]
  6. 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. [Downloadable!]
  7. Panagiotou, Dimitrios, 2005. "Cointegration, Error Correction, And The Measurement Of Oligopsony Conduct In The U.S. Cattle Market," 2005 Annual meeting, July 24-27, Providence, RI 19201, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  8. Steiner, Bodo, 2007. "Formal beef alliances and alignment challenges: issues in contracting, pricing and quality," Project Report Series 7709, University of Alberta, Department of Rural Economy. [Downloadable!]
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This page was last updated on 2009-11-26.

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