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This article investigates the competition effects of supermarket services using fluid milk as a case study. A simultaneous equation model for services and price competition is estimated with scanner data from fifteen supermarket chains using two alternative measures of services, namely store...
Persistent link: https://www.econbiz.de/10010544584
The <link rid="b2">Berry, Levinsohn, and Pakes (1995)</link> market equilibrium model is extended to the supermarket chain level to examine consumer choices and retail competition for thirty-seven brands of breakfast cereals in Boston. Estimated taste parameters for product characteristics vary significantly across...
Persistent link: https://www.econbiz.de/10005324824
The <xref ref-type="bibr" rid="R2">Berry, Levinsohn, and Pakes (1995)</xref> market equilibrium model is extended to the supermarket chain level to examine consumer choices and retail competition for thirty-seven brands of breakfast cereals in Boston. Estimated taste parameters for product characteristics vary significantly across...
Persistent link: https://www.econbiz.de/10009392425
Persistent link: https://www.econbiz.de/10009397317
In this article we estimate and test for the degree of oligopoly power and economies of scale in forty food and tobacco industries using the New Empirical Industrial Organization (NEIO) framework and four-digit SIC data. Lerner indices and elasticities of scale are compared throughout the entire...
Persistent link: https://www.econbiz.de/10009397949