Cechura, Lukas; Žáková Kroupová, Zdenka; Hockmann, … - In: Agris on-line Papers in Economics and Informatics 7 (2015) 4, pp. 39-47
The paper presents an analysis of market power in the output milk-processing market. In particular, the paper identifies market failures in the output milk-processing market in 24 EU member states. The analysis is based on a mark-up model and the application of stochastic frontier methodology....