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This article separates oligopoly-power and cost-efficiency effects of changes in industrial concentration and assesses their impact on output prices in 32 food-processing industries. Empirical results indicate that although concentration induces cost efficiency in one-third of the industries,...
Persistent link: https://www.econbiz.de/10010635633
Focusing on the interaction between national brands and private labels, this paper has two main empirical contributions: i) a simultaneous system of demand (share), price and expenditure equations is estimated, and ii) differences in the structure of the local geographic market are incorporated...
Persistent link: https://www.econbiz.de/10010635661
. Mergers and acquisitions restructured many American industries during the decade. This review of actual conduct is a fitting …
Persistent link: https://www.econbiz.de/10010816382
-owned cooperatives seem less enamored of the powers of Madison Avenue than their privately owned counterparts in the food industry …. Advertising data spanning a 20-year period, from 1967 to 1987, show that agricultural cooperatives spent proportionately less to … also indicate that cooperatives' share of branded advertising expenditures has remained unchanged during the 20-year period …
Persistent link: https://www.econbiz.de/10010777209
a federal district court analysis of a merger?s impact using scanner generated brand level data and econometric …
Persistent link: https://www.econbiz.de/10010635627
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The bottled water market in the U.S. is a recent development. Most water bottlers had traditionally positioned their products as an alternative to tap water. A few imported waters were sold for health reasons. The real growth in the bottled water market took place in the second half of 1970s...
Persistent link: https://www.econbiz.de/10010635636
This research report responds to the comprehensive critique of structure-price and structure profit studies in the food retailing industry by Keith Anderson, Staff Economist, Federal Trade Commission. Mr. Anderson's critique was in response to a request from certain members of the House...
Persistent link: https://www.econbiz.de/10010635641
Since 1977, the U.S. beef packing industry has been restructured at a pace unprecedented in large American industries. By 1987, four packers slaughtered over two-thirds of all steers and heifers. In the thirteen regional feedlot-packer markets studied here, the four leading packers slaughtered...
Persistent link: https://www.econbiz.de/10010635643