Showing 1 - 10 of 54
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
This study was provided to the staff at the Federal Trade Commission in October, 1999. It expands the analysis of divestitures that was presented in an April 1999 report to the FTC (An Antitrust Economic Analysis of the Proposed Acquisition of Supermarkets General Holdings Corporation by Ahold...
Persistent link: https://www.econbiz.de/10010816310
This article examines the role of imperfect competition in determining total factor productivity growth (TFPG) by bringing together a New Empirical Industrial Organization (NEIO) model and the TFPG model of Nadiri and Mamuneas (1998). Applying the integrated model to 1973-92 data from 29 food...
Persistent link: https://www.econbiz.de/10010816320
utilization and the minimum efficient scale. Cooperative theory predicts improved performance in markets where cooperatives are … present through the 'competitive yardstick' effect. The underlying hypothesis that the degree of cooperative participation is … estimated using ordinary least squares methods. The cooperative share of market sales had a significant, negative impact on the …
Persistent link: https://www.econbiz.de/10010816325
Persistent link: https://www.econbiz.de/10010816330
De novo entry by the top 20 U.S. supermarket chains into local markets is examined using Tobit analysis. We find that entry is related to potential entrants' proximity to the local market, market growth, concentration, the number of large chains that are incumbents in the local market, and the...
Persistent link: https://www.econbiz.de/10010816334
Persistent link: https://www.econbiz.de/10010816335
This research report provides a comprehensive description of the organization and performance of the food retailing industry. During the 1980s, the industry's operations and financial structure were dramatically altered by mergers and leveraged buyouts. Thus, it provides an excellent case for...
Persistent link: https://www.econbiz.de/10010816348
This research report is based upon the author's testimony before the Subcommittee on Monopolies and Commercial Law, Committee of the Judiciary, U.S. House of Representatives, on May 11, 1988. Tabulated data from the Bureau of Census and industry publications indicate that seller concentration...
Persistent link: https://www.econbiz.de/10010816356
This paper provides an overview of recent research on estimating competitive interaction in food product categories. In particular, the focus of this review is on research using scanner data conducted at the disaggregate (e.g., store, chain or local market) level, including empirical studies of...
Persistent link: https://www.econbiz.de/10010816358