Structural change in the New England egg industry: a Markov analysis
1980
Skinner, S.P. | Lee, T.C. | Seaver, S.K.
Extract: The purpose of this paper is to examine the changes in the size distribution of egg farmers in this three-state region over time as a Markov process. Also, the occurrence of a marked structural change in the egg industry during the period 1967 to 1978 is statistically examined. We also seek answers to questions such as the following: how many years can different-size egg farms survive in the face of increasing feed and energy costs? What will be the size distribution of egg farms, total number of layers, and egg output in the next decade?
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