Rigidity in Packer-Feedlot Relationships
Journal of Agricultural and Applied Economics, ISSN: 1074-0708, Vol: 36, Issue: 03, Page: 627-638
2004
- 2Citations
- 14Usage
- 1Captures
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Example: if you select the 1-year option for an article published in 2019 and a metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019. If you select the 3-year option for the same article published in 2019 and the metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019, 2018 and 2017.
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Metrics Details
- Citations2
- Citation Indexes1
- CrossRef1
- Policy Citations1
- Policy Citation1
- Usage14
- Abstract Views14
- Captures1
- Readers1
Article Description
Concentration in beef packing has risen dramatically in the past 25 years. We develop measures used to describe feedlot-packer relations: (1) a statistic based on the proportion of its sales a feedlot makes to a given packer, and (2) a measure of the switching behavior of feedlots. The measures are calculated using a confidential data set from the USDA Grain Inspection, Packers, and Stockyards Administration. Relationships are found to be both exclusive and stable. Causes for this rigidity are then examined using regression analysis. Transaction costs are shown to help explain why this market differs from a perfectly competitive one.
Bibliographic Details
https://www.cambridge.org/core/product/identifier/S1074070800026912/type/journal_article; https://www.cambridge.org/core/services/aop-cambridge-core/content/view/S1074070800026912; http://dx.doi.org/10.1017/s1074070800026912; https://digitalcommons.usu.edu/appecon_facpub/944; https://digitalcommons.usu.edu/cgi/viewcontent.cgi?article=1943&context=appecon_facpub
Cambridge University Press (CUP)
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