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In this paper the existence and magnitude of market power for the German beer exporters is tested. Two theoretical approaches to model incomplete competition on international markets are employed, the 'pricing to market' (PTM) model the 'residual demand elasticity' (RDE) approach. Estimations...
Persistent link: https://www.econbiz.de/10001554048
In this paper the existence and magnitude of market power for German beer, cocoa powder, chocolate, and sugar confectionary exporters are tested. Two theoretical approaches are employed, the 'pricing of market' (PTM) and the 'residual demand elasticity' (RDE) approach. Even though all markets...
Persistent link: https://www.econbiz.de/10001554099
Germany is the second largest coffee market in the world, just overshadowed by the United States. Coffee is the most popular beverage in Germany in fact more popular than beer. In 1999 the five biggest companies in the raosted coffee market had a combined market share of 84.5%. The market is...
Persistent link: https://www.econbiz.de/10001663668