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Market Power and/or Efficiency: An Application to U.S. Food Processing
Lopez, Rigoberto A.; Azzam, Azzeddine M.; Liron-Espana, … - Department of Agricultural and Resource Economics, … - 2001
This article separates oligopoly-power and cost-efficiency effects of changes in industrial concentration and assesses … induces cost efficiency in one-third of the industries, oligopoly-power effects either dominate cost efficiency or reinforce …
Persistent link: https://www.econbiz.de/10010635633
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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