Vertical cooperation in agricultural production-marketing chains, with special reference to product differentiation in pork

Article Abstract:

Market imperfections and conflicting interests often hinder the optimization of individual stages with a production-marketing chain (PMCh) in agriculture. Vertical integration and product differentiation have been suggested as more appropriate alternatives to optimizing the PMCh in agriculture. These approaches are especially appropriate given the growing interest in quality of products and production processes. An analysis of the Dutch pork industry was conducted to illustrate the advantages of adopting vertical integration and product differentiation in PMCh optimization.

Production management, Denmark, Vertical integration

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A Markov chain analysis of the size of hog production firms in the United States

Article Abstract:

The hog-corn price ratio affects the size of US hog farms as well as the continued operation of these farms during the late 1980s through the late 1990s. Interest rates and other economic factors affect the entry of new hog farms into the marketplace.

Statistical Data Included, Usage, Markov processes, Economies of scale

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Market Concentration and Vertical Coordination in the Pork Industry: Implications for Public Policy Analysis

Article Abstract:

Concentration in the pork industry increases, and the impacts of agricultural policies on an imperfectly competitive market are analyzed. The analysis is based on impacts being dependent on, or, are independent of, market conduct.

Agricultural subsidies, Agricultural policy, Monopolistic competition

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