IDEAS home Printed from https://ideas.repec.org/a/ags/pjemad/309432.html
   My bibliography  Save this article

Market Composition and Performance of Firms in Broiler, Chicken Egg, and Swine Production: Implications to the Philippine Competition Act

Author

Listed:
  • Curibot, Janine P.
  • Elca, Cenon D.
  • Neric, Charis Mae T.
  • Gordoncillo, Prudenciano U.

Abstract

The Philippine Competition Act promotes free and fair market competition to improve market efficiency and protect consumer welfare. Thus, it is necessary to examine and assess the nature of competition in any industry. This was done by conducting the study of broiler, chicken egg, and swine industries using the market structure-conductperformance approach. The degree of firm concentration, barriers to entry, profitability of production, return on investment, and share in every peso spent by the consumers were determined. Based on the analysis, markets for chicken egg and pork were fairly competitive while that of chicken meat was oligopolistic. Huge capital investment also showed to be a hindrance for greater competition in all the industries. Large share in consumer’s peso was more likely an issue in the chicken meat market than in chicken egg and swine. Monitoring the behavior of large firms, reducing structural barriers, and increasing production efficiencies are necessary to improve markets of these industries thus ensuring a vibrant competition.

Suggested Citation

  • Curibot, Janine P. & Elca, Cenon D. & Neric, Charis Mae T. & Gordoncillo, Prudenciano U., 2019. "Market Composition and Performance of Firms in Broiler, Chicken Egg, and Swine Production: Implications to the Philippine Competition Act," Journal of Economics, Management & Agricultural Development, Journal of Economics, Management & Agricultural Development (JEMAD), vol. 5(2), December.
    • Handle: RePEc:ags:pjemad:309432
    DOI: 10.22004/ag.econ.309432
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/309432/files/Market%20Composition%20and%20Performance%20of%20Firms%20in%20Broiler%2C%20Chicken%20Egg%2C%20and%20Swine%20Production-%20Implications%20to%20the%20Philippine%20Competition%20Act.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.309432?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Livestock Production/Industries;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:pjemad:309432. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/ceuplph.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.