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Economic Analysis Of The Changing Structure Of The U.S. Fertilizer Industry

Author

Listed:
  • Kim, C.S.
  • Taylor, Harold
  • Hallahan, Charles B.
  • Schaible, Glenn D.

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.

Suggested Citation

  • Kim, C.S. & Taylor, Harold & Hallahan, Charles B. & Schaible, Glenn D., 2001. "Economic Analysis Of The Changing Structure Of The U.S. Fertilizer Industry," 2001 Annual meeting, August 5-8, Chicago, IL 20513, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea01:20513
    DOI: 10.22004/ag.econ.20513
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    Keywords

    Agribusiness;

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