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Measurement of the Economic Efficiency of Central-Fabrication-versus Carcass-Meat-Handling Systems

Author

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  • C. W. O'Connor
  • T. M. Hammonds

Abstract

Relative economic efficiency is measured for a selected sample of retail meat departments using the UOP (unit output price) profit model developed by Lau and Yotopoulos. The analysis suggests that central fabrication is currently more efficient for some, but not all, independent retail meat departments. The analysis also suggests that the relatively new UOP profit model is superior to the more traditional Farrell linear programming technique for evaluating relative efficiency.

Suggested Citation

  • C. W. O'Connor & T. M. Hammonds, 1975. "Measurement of the Economic Efficiency of Central-Fabrication-versus Carcass-Meat-Handling Systems," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(4), pages 665-675.
  • Handle: RePEc:oup:ajagec:v:57:y:1975:i:4:p:665-675.
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    File URL: http://hdl.handle.net/10.2307/1238885
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    Cited by:

    1. French, Ben C., 1977. "PART II. The Analysis of Productive Efficiency in Agricultural Marketing: Models, Methods, and Progress," AAEA Monographs, Agricultural and Applied Economics Association, number 337214, january.
    2. Quiggin, John C. & Bui-Lan, Anh, 1984. "The Use Of Cross-Sectional Estimates Of Profit Functions For Tests Of Relative Efficiency: A Critical Review," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 28(1), pages 1-12, April.
    3. Duewer, Lawrence A., 1985. "Costs of Retail Beef-Handling Systems: A Modeling Approach," Technical Bulletins 156819, United States Department of Agriculture, Economic Research Service.

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