SOCIAL AND SCALE EFFICIENCY GAINS DUE TO VERTICAL INTEGRATION IN THE U.S. HOG SECTOR

Using a non-parametric linear programming approach, our contribution is (1) to examine if efficiency gains in hog production are realized due to vertical integration and (2) to demonstrate the efficiency gains that are realized are a product of economies of scope and scale. The model uses U.S. hog sector data for the period, 1982-1997. Results indicate efficiency gains are realized due to vertical integration and can be explained by scope and scale efficiency gains. The t-test at the 5% level of significance indicates the mean overall efficiency gains; scope efficiency gains and scale efficiency gains are significantly different from one.


Issue Date:
2003
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/35143
Total Pages:
19
JEL Codes:
O3; C6; Q1
Series Statement:
Selected Paper




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

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