AgEcon Search (University of Minnesota, USA) · 1981 · 37 citations · 3 references
AgricultureAgricultural EconomicsEconomicsAgribusiness EconomicsIndustrial OrganizationMicroeconomicsAgricultural MarketsAgricultural Price AnalysisAgricultural Production EconomicsLivestock EconomicsLivestock Production EconomicsMarket IntegrationAgricultural Market StructureAgricultural Price FormationBeef Cattle EconomicsBeef EconomicsConglomerate Merger EffectsFeedlot EconomicsInput-output Price RelationshipsOligopolistic Competition
This study estimates the influence of concentration and other structural variables on the price of slaughter cattle. Cross-sectional data were used to estimate a single equation model which included, in addition to traditional factor demand variables, packer concentration and a measure of market power exerted by feedlots. Results suggest that packer concentration has had a significant and increasing negative impact on fed cattle prices during the years of analysis, 1972 and 1977.
3
Industrial Market Structure and Economic Performance.
H. Michael Mann, F. M. Scherer · The Journal of Finance · 1971 · 6.4K citations