This study develops an intertemporally linked market model to explore the relationships between price-cost margins, market concentration, and advertising outlay. The study used data from 48 four-digit SIC (standardized industrial classification) codes for the Food and Tobacco Processing...

Market structure's influence on price-cost margins was explored in each census year over a 23-year period in food manufacturing. The positive relationship between price-cost margins and both four-firm concentration and product differentiation, as measured by a media advertising-to-sales ratio,...

Public information regarding economic concentration, both aggregate and market, has declined since 1982. The Census no longer publishes a concentration report for its Economic Census, which is done every five years for manufacturing industries. Using purchased data from Census Special...

Neoclassical and industrial organization economics have traditionally treated firm internal operations as a black box linking market structure to market performance. This approach is inadequate in our modern food distribution system where large firms shape markets as they are shaped by them....