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When is Concentration Beneficial?
Liron-Espana, Carmen; Lopez, Rigoberto A. - Department of Agricultural and Resource Economics, … - 2001
This paper separates market power and efficiency effects of concentration in a sample of 255 U.S. manufacturing … the cases, consumers lose as efficiency gains are generally pocketed by the industries. From an aggregate welfare …
Persistent link: https://www.econbiz.de/10010635657
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Price Transmission in Differentiated Product Market Channels: A Study of the Boston Fluid Milk Market and the North East Dairy Compact
Dhar, Tirtha Pratim; Cotterill, Ronald W. - Department of Agricultural and Resource Economics, … - 2002
This study develops a two-stage market channel model to analyze pricing in the Boston milk market where retailers are differentiated sellers. A nonlinear model of demand and costs, including firm specific and industry cost shift variables is estimated for each of the four leading supermarkets....
Persistent link: https://www.econbiz.de/10010816314