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We consider an example of the impact of a new good on producers of close substitutes: the invention of margarine and … of butter producers. We illustrate this by discussing the different reactions to margarine and quality upgrading in … margarine had a greater impact on the price of poor quality butter than that of high quality butter, presumably because it was a …
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There is policy interest in using tax to change food purchasing behaviour. The literature has not accounted for the oligopolistic structure of the industry. In oligopoly the impact of taxes depend on preferences, and how firms pass tax onto prices. We consider a tax on saturated fat. Using...
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This study aims to evaluate, in terms of their cardinal, ordinal, and dichotomy consistency, five alternative comercial specialization indicators: a Balassa symmetric index version; a Chi-Squared Index; and the Relative Trade Advantage Index, all these three based on revealed comparative...
Persistent link: https://www.econbiz.de/10008822103
coefficients logit model of choice among brands of butter and margarine in the British groceries market. …
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brands of butter and margarine in the British groceries market. …
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