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



Table 3b: Selected means of variable in the cost function models of the meat and poultry
industries: Full dataset, i.e does not include the technology index.

Variable

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

Meat Slaughter

Meat Processing

Poultry Slaughter
and Processing

Sanitation and
Process Control
Performance______

0.969

0.985

0.931

Wages
($1000s/year)_____

31.74

35.67

24.18

Price of Capital
_($)_________________

0.369

0.367

0.376

Price of Meat

Inputs ($/lb.)_______

0.790

1.141

0.376

Total Costs
($1000)__________

243,918

29,533

97,725

Total Pounds of
Output (1000 lbs.)

379,792

23,370

198,025

Labor Cost Share

0.120

0.209

0.209

Meat Cost Share

0.794

0.639

0.677

Capital Cost Share

0.086

0.152

0.114

Observations______

199

470

143

25



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