The Cost of Food Safety Technologies in the Meat and Poultry Industries.



Table 3a: Selected means of variables in the cost function models of the meat and poultry
industries: Dataset includes the technology index.1

Variable

-----------------------------Industry-----------------------

Meat Slaughter

Meat Processing

Poultry Slaughter

Sanitation and
Process Control
Performance______

0.966

0.984

0.931

Technology Index

Value____________

0.581

0.561

0.619

Wages
($1000s/year)_____

32.12

37.31

24.79

Price of Capital
_($)_________________

0.368

0.375

0.374

Price of Meat

Inputs ($/lb.)_______

0.788

1.104

0.364

Total Costs
($1000)__________

24, 872

2,983

10,599

Total Pounds of
Output (1000 lbs.)

37,256

2,592

19,704

Labor Cost Share

0.118

0.205

0.207

Meat Cost Share

0.796

0.642

0.686

Capital Cost Share

0.086

0.153

0.107

Observations______

97

219

57

1. Observations without a technology index value were dropped, eliminating some observations.

24



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