Testing the Impact of Corporate Farming Laws on Hog Industry Growth: A Partial Adjustment Approach

Authors

Holger Matthey, University of Nebraska - Lincoln
Jeffrey S. Royer, University of Nebraska-LincolnFollow

Date of this Version

August 1999

Comments

Selected Paper, American Agricultural Economics Association Meetings, Nashville, TE, August 8 - 1 1, 1999. Used by permission.

Abstract

This paper analyzes the impact of corporate restrictions on the growth of the Nebraska hog industry. It utilizes a partial adjustment model to test the hypothesis that the restrictions hamper the development of the state's hog industry. The results support the argument that the regulations have slowed the growth of the Nebraska hog industry.