Hostname: page-component-cd9895bd7-hc48f Total loading time: 0 Render date: 2024-12-28T21:11:47.739Z Has data issue: false hasContentIssue false
  • English
  • Français

A Discriminant Analysis of Grain Market Structure in Selected States of the South and Cornbelt

Published online by Cambridge University Press:  05 September 2016

E. Dean Baldwin ,
Cameron S. Thraen  and
Donald W. Larson
E. Dean Baldwin
Affiliation:
Department of Agricultural Economics and Rural Sociology, Ohio State University
Cameron S. Thraen
Affiliation:
Department of Agricultural Economics and Rural Sociology, Ohio State University
Donald W. Larson
Affiliation:
Department of Agricultural Economics and Rural Sociology, Ohio State University
Get access Rights & Permissions [Opens in a new window]

Abstract

Scherer's industrial organization model is modified to characterize the grain marketing system. The modified model identifies the important relationships between economic characteristics and the type of grain facilities found in three states; Alabama, Illinois, and Ohio. Multivariate linear discriminant analysis is used to identify the important basic supply, demand, and transportation variables within and among these states. It is concluded that the structural differences among selected grain marketing regions can be explained by regional differences in basic supply, demand, and transportation variables. The findings suggest that Scherer's industrial organization model can be adapted to explain the diverse structure of the grain marketing system in selected states.

Keywords

industrial organization modelgrain market structurediscriminant analysis
Type
Articles
Information
Journal of Agricultural and Applied Economics , Volume 16 , Issue 2 , December 1984 , pp. 117 - 126
Copyright
Copyright © Southern Agricultural Economics Association 1984

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Alabama Crop and Livestock Reporting Service. Alabama Agricultural Statistics, Alabama Department of Agriculture, 1978.Google Scholar
Baldwin, E. D., and Lanny Bateman, W.. “The Midwestern and Southern U.S. Grain Merchandising Patterns: A Contrast.” Ohio Agricultural Research and Development Center, Wooster, Ohio, October, 1977.Google Scholar
Caves, Richard E. “Organization, Scale, and Performance of the Grain Trade.” Food Research Institute Studies, XVI, 3, 1977-1978, pp. 107–123.Google Scholar
Dhrymes, Phoebus E. Econometrics: Statistical Foundation and Applications, New York: Springer-Verlag, First Edition, 1984.Google Scholar
Falgon, Claude. Univariate and Multivariate Models for the Analysis of Qualitative Dependent Variables, Agriculture Canada, Working Paper, 1979.Google Scholar
Hennen, Gary, Baldwin, E. Dean, Larson, Donald W. and Sharp, John W.. “Ohio Grain Flows by Mode of Transportation and Type of Grain Firms for 1970 and 1977: A Comparison.” Ohio Agricultural Research and Development Center, Research Bulletin 1124, Wooster, Ohio, December, 1980.Google Scholar
Illinois Crop Reporting Service. Illinois Agricultural Statistics: Annual Summary, 1979, Bulletin 79-1, Illinois Department of Agriculture, October, 1979.Google Scholar
Klecka, William R. Discriminant Analysis, Sage University Paper series on Quantitative Applications in the Social Sciences, 07-019 Sage Publications: Beverly Hills and London, 1980.CrossRefGoogle Scholar
Lazarus, S. S., Hill, Lowell D., and Thompson, Stanley R.. “Grain Production and Consumption for Feed in the North Central and Southern States with Projections for 1985, 1990, 2000.” University of Illinois at Urbana-Champaign, Agricultural Experiment Station Bulletin 763, November, 1980.Google Scholar
Lower, Marcus E. “A Discriminant Analysis of the Grain Merchandising Industry's Structure for Three Regions, (Western Cornbelt, Eastern Cornbelt and South):1977“. Unpublished M.S. thesis, Department of Agricultural Economics and Rural Sociology, The Ohio State University, Columbus, Ohio, 1982.Google Scholar
Ohio Crop Reporting Service. Ohio Agricultural Statistics, 1977, Ohio Department of Agriculture, June, 1978.Google Scholar
Scherer, F. M. Industrial Market Structure and Economic Performance, New York: Rand McNally, 1970.Google Scholar
Schnake, L. D., and Driscoll, James L.. “Number and Physical Characteristics of Grain Elevators.” U.S. Department of Agriculture, ESCS-22, May, 1978.Google Scholar