Cooking oil is known as an essential commodity in Indonesia. Having such an important role, the Indonesian government often interfered the cooking oil market to assure its price remain low. To do so, the government uses a subsidy policy as one of its instruments. A dynamic duopoly model is...

In this paper, I analyze the price transmission of canola, or low erucic acid rapeseed, in the international market and the market power of canola exporting countries over one of the major importing countries, Japan. Canola oil production in Japan is almost completely dependent on the canola...

In 1990 the Australian Government relaxed restrictions on the importation of pigmeat from Canada. In response to declining producer prices and their consequent effect on profitability, the Australian pig industry raised concerns with the Australian Government that the decline in producer price...

This paper reports on an expanded and revised version of the spatial equilibrium model of the Australian dairy industry developed by MacAulay (1997). In the expanded version there is demand for five manufactured products. The transformation from bulk milk to final product is modelled by...

A plethora of approaches to modeling market power has been reported in the literature. These can be broadly divided into one-side and two-side behavioral models. This paper uses versions of these models to develop a theoretical framework to test market power in the output and input markets in...

Barley marketing, like a number of other commodities in Australia, is subject to the requirements of the Hilmer reforms. Approaches to the analysis of the possiblederegulation of barely marketing are considered. Emphasis is placed on the use of a spatial equilibrium model designed to assess the...

Since it was first established as a large-scale operation in 1911, the Indonesian palm oil industry has undergone a number of structural changes. There have been allegations that some of these changes have led to a significant market power exertion in this industry. However, empirical evidence...

Some issues in the evaluation of generic promotion have received relatively little attention. The agricultural economics literature on brand versus generic advertising is often simple empirically and has not related well to the burgeoning marketing literature on brand/private label strategies....

In theory, competitive emission permit markets minimise total abatement cost for any emission ceiling. Permit markets are often imperfectly competitive, however, if they are thin and dominated by large firms. The dominant firm(s) could exercise market power and increase other firms’ costs of...

Recent empirical studies have found significant evidence of departures from competition in the input side of the bread, breakfast cereal and margarine end-product markets. In this study we specify a general duality model of profit maximisation that allows for imperfect competition in the input...