IDEAS home Printed from https://ideas.repec.org/a/ags/sojoae/30206.html
   My bibliography  Save this article

Optimal Organization Of A Statewide Livestock Auction Market System: The Case Of Tennessee

Author

Listed:
  • McClain, Emily A.
  • McLemore, Dan L.

Abstract

Optimal sizes, number, and locations of Tennessee livestock auction markets were identified as those which minimize the combined costs of assembling and marketing livestock for the state using a separable programming model. The model includes transportation costs, economies of size in market operation, a proxy for reductions in buyers' operating costs attributable to increasing market volumes, and livestock production density, both in and around the state. The model is sufficiently comprehensive and descriptive to be of practical use by policy makers who influence industry change. Results indicate that a reduction in market numbers would lower combined costs.

Suggested Citation

  • McClain, Emily A. & McLemore, Dan L., 1987. "Optimal Organization Of A Statewide Livestock Auction Market System: The Case Of Tennessee," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 19(2), pages 1-11, December.
    • Handle: RePEc:ags:sojoae:30206
    DOI: 10.22004/ag.econ.30206
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/30206/files/19020121.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.30206?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
    ---><---

    References listed on IDEAS

    as
    1. D. W. Cobia & E. M. Babb, 1964. "An Application of Equilibrium Size of Plant Analysis to Fluid Milk Processing and Distribution," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 46(1), pages 109-116.
    2. Wayne D. Purcell, 1973. "An Approach to Research on Vertical Coordination: The Beef System in Oklahoma," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 55(1), pages 65-68.
    3. McLemore, Dan L. & Whipple, Glen & Spielman, Kimberly, 1983. "OLS and Frontier Function Estimates of Long-Run Average Cost for Tennessee Livestock Auction Markets," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 15(2), pages 79-83, December.
    4. John F. Stollsteimer, 1963. "A Working Model for Plant Numbers and Locations," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 45(3), pages 631-645.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Elfadil Ahmed Ismail, 2012. "Livestock markets and their role in developing the livestock sector: is there a need for livestock auction markets in Sudan?," African Journal of Economic and Sustainable Development, Inderscience Enterprises Ltd, vol. 1(1), pages 80-94.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Martin, Larry & Hedley, H.A., 1975. "An Analysis of Structural Change in the Ontario Feed Milling Sector," Working Papers 245020, University of Guelph, Department of Food, Agricultural and Resource Economics.
    2. Gianmarco I P Ottaviano & Jacques-François Thisse, 2005. "New Economic Geography: What about the N?," Environment and Planning A, , vol. 37(10), pages 1707-1725, October.
    3. Cassidy, P.A. & McCarthy, W.O. & Toft, H.I., 1970. "An Application Of Spatial Analysis To Beef Slaughter Plant Location And Size, Queensland," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 14(1), pages 1-20, June.
    4. Delzeit, Ruth & Britz, Wolfgang & Holm-Müller, Karin, 2011. "Modelling regional input markets with numerous processing plants: The case of green maize for biogas production in Germany," Discussion Papers 162892, University of Bonn, Institute for Food and Resource Economics.
    5. Emerson M. Babb, 1986. "Production and operations management," Agribusiness, John Wiley & Sons, Ltd., vol. 2(4), pages 421-429.
    6. Dooley, Frank J., 1986. "Optimum Plant Size and Location: A mixed integer programming method to approximate nonlinear cost functions," Transportation Research Forum Proceedings 1980s 311844, Transportation Research Forum.
    7. Miller, Bill R. & Ersoz, A. & North, Ronald M., 1977. "On The Facilitative Role Of The Economist In Economic Development - Case Study Of A Georgia Shrimp Harbor Investment," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 9(2), pages 1-6, December.
    8. Pierre Hansen & Jack Brimberg & Dragan Urošević & Nenad Mladenović, 2007. "Primal-Dual Variable Neighborhood Search for the Simple Plant-Location Problem," INFORMS Journal on Computing, INFORMS, vol. 19(4), pages 552-564, November.
    9. Bisera Andria Gusavac & Dragana Stojanovic & Zeljko Sokolovic, 2014. "Application Of Some Locational Models in Natural Resources Industry – Agriculture Case," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 62(8), pages 82-93, August.
    10. Kingwell, Ross, 2017. "Changes in grain handling catchments in Australia: an historical perspective," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 61(3), July.
    11. John Wilson, 1986. "The Political Economy of Contract Farming," Review of Radical Political Economics, Union for Radical Political Economics, vol. 18(4), pages 47-70, December.
    12. Marten Graubner & Richard J. Sexton, 2023. "More competitive than you think? Pricing and location of processing firms in agricultural markets," American Journal of Agricultural Economics, John Wiley & Sons, vol. 105(3), pages 784-808, May.
    13. J Brimberg & P Hansen & G Laporte & N Mladenović & D Urošević, 2008. "The maximum return-on-investment plant location problem with market share," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 59(3), pages 399-406, March.
    14. Fuller, Stephen W., 1975. "A Modification Of The Modified Stollsteimer Location Model," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 7(1), pages 1-6, July.
    15. MacKay, D.R. & Toft, H.I., 1978. "An Application of Spatial Equilibrium Analysis to the Transport and Processing of Wholemilk in N.S.W," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 46(01), pages 1-18, April.
    16. Pelegrín, Mercedes, 2023. "New variants of the simple plant location problem and applications," European Journal of Operational Research, Elsevier, vol. 306(3), pages 1094-1108.
    17. Sullivan, Gregory M. & Linton, Daniel A., 1981. "Economic Evaluation Of An Alternative Marketing System For Feeder Cattle In Alabama," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 13(2), pages 1-5, December.
    18. Kauffman, Daniel, 1984. "An Evaluation of the Potential for a Market in Hog Contracts," Agricultural Economic Report Series 201342, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    19. Hardy, William E., Jr. & Marshall, J. Paxton & Faris, J. Edwin, 1973. "Determining Locations For Rural Medical Clinics: A Model And Its Use," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 5(2), pages 1-10, December.
    20. Koontz, Stephen R. & Purcell, Wayne D., 2000. "Research Programs To Address Price Discovery Concerns," 2000 Annual Meeting, June 29-July 1, 2000, Vancouver, British Columbia 36421, Western Agricultural Economics Association.

    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:sojoae:30206. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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/saeaaea.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.