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Persistent link: https://www.econbiz.de/10010682680
A test procedure is proposed to test for the simultaneous nature of the relationship between price and quantity with respect to consumer demand of fresh products at the level of an individual retail chain. It is argued in the literature that, on the sector level, inverse demand systems in which...
Persistent link: https://www.econbiz.de/10008569776
Here we detail a method to test whether or not retailers allow suppliers to set the wholesale price not only on the basis of the costs faced by the suppliers but also on the basis of consumer demand. Using standard theory, long-run price relationships between the stages in the channel are...
Persistent link: https://www.econbiz.de/10008570386
ABSTRACT A classic oligopoly/oligopsony model is developed to assess the degree of price transmission in a two‐stage farmer–retailer supply chain. A simulation experiment based on data of the Dutch ware potato sector illustrates how price transmission may become imperfect and asymmetric as a...
Persistent link: https://www.econbiz.de/10011160833
This article shows that marketing channel theory, which has been extensively applied in developed countries, can also be of great value to the developing world. Notably, the channel approach makes it possible to explain the number of trade levels observed in food marketing systems. We propose...
Persistent link: https://www.econbiz.de/10008569778