Showing 1 - 10 of 27
Persistent link: https://www.econbiz.de/10010881144
The U.S. frozen concentrated orange juice (FCOJ) market is dominated by a small number of processors in Florida and São Paulo (Brazil), while the European FCOJ market is dominated by São Paulo FCOJ processors. Both the U.S. and European governments impose a tariff on FCOJ imports. We develop a...
Persistent link: https://www.econbiz.de/10010916060
In line with the New Empirical Industrial Organisation literature, a three-stage modelling of the fresh meat industry in Italy is developed to evaluate the extent of the oligopsonistic behaviour of downstream operators on upstream ones. Moreover, retailers are allowed to exercise oligopolistic...
Persistent link: https://www.econbiz.de/10010916401
We investigate oligopolistic competition between U.S. and Chinese apple exporters in the ASEAN market using strategic trade theory and the NEIO literature. We also analyze competition in the U.S. and Chinese domestic markets. U.S. supplies higher quality apples to ASEAN than China, resulting in...
Persistent link: https://www.econbiz.de/10010916696
This article examines the effects of increasing market concentration level in the U.S. nitrogen fertilizer industry. Results indicate that the costs of market power are greater than the benefits of market concentration, in terms of manufacturing cost efficiency. To provide a stable nitrogen...
Persistent link: https://www.econbiz.de/10005320274
This article develops a methodology for empirically analyzing vertically strategic interactions in a multi-level supply channel. The model is used to analyze the vertical channel for U.S. butter manufacturing and retailing. Aggregating products to the firm level and using a nonlinear AIDS demand...
Persistent link: https://www.econbiz.de/10005014779
We use Monte Carlo experiments to assess the accuracy of two nonstructural and two statistical nonparametric market power tests. We implement these monopoly and monopsony market power tests using data from ten known market structures. The objective is to determine which test is most able to...
Persistent link: https://www.econbiz.de/10005806451
Persistent link: https://www.econbiz.de/10004979700
The demand for organic fresh fruits and vegetable continues to grow at a rate far higher than the rest of the produce industry. The cost of meeting organic certification standards, however, has meant that supply has been slow to adjust. With limited supply, we hypothesize that organic suppliers...
Persistent link: https://www.econbiz.de/10005012641
Despite the increasing importance of market power in the food industry, most policy models assume perfect competition. Ignoring market power may lead economists to make incorrect, or at least misleading, policy recommendations. In this paper I develop a theoretical model in which market power...
Persistent link: https://www.econbiz.de/10005038989