Chidmi, Benaissa; Lopez, Rigoberto A.; Cotterill, Ronald W. - In: Agribusiness 21 (2005) 4, pp. 477-491
This paper assesses the impacts of the Northeast Dairy Compact (NEDC) and retail oligopoly power on fluid milk prices in Boston. Empirical results reveal that price increases due to oligopoly power outweighed those caused by the NEDC by nearly seven times. In fact, markups are estimated at...