IMPLICATIONS OF INCREASED REGIONAL CONCENTRATION AND OLIGOPSONISTIC COORDINATION IN THE BEEF PACKING INDUSTRY

This article proposes an oligopsony pricing model for projecting the effects of increased concentration or oligopsonistic coordination in beef packing using simulation methods. The model combines an explicit behavioral theory of packing firms with an attempt to respect the regional scope of cattle procurement markets. Our results indicate less danger of falling cattle prices, as a results of increase packer concentration or coordination, than do results from conventional econometric studies.


Issue Date:
1991-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/32616
Published in:
Western Journal of Agricultural Economics, Volume 16, Number 2
Page range:
374-381
Total Pages:
8




 Record created 2017-04-01, last modified 2017-08-25

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