Showing 1 - 8 of 8
This article investigates the competition effects of supermarket food and non-food services using fluid milk as a case study. A simultaneous equation model for services and price competition is estimated with scanner data from 16 supermarket chains operating in six U.S. cities. Empirical results...
Persistent link: https://www.econbiz.de/10010636779
Persistent link: https://www.econbiz.de/10010816318
This paper employs a nation-wide sample of supermarket scanner data to estimate a large brandlevel demand system for beer in the U.S. Unlike previous studies, this work estimates the ownand cross-advertising elasticities in addition to price elasticities. The dimensionality problem is solved...
Persistent link: https://www.econbiz.de/10010816322
In spite of growing consumers’ interest for functional foods and strong growth of their markets, limited knowledge of the demand for these products and their profitability is available. Adapting the LA/AIDS model by means of Pinkse, Slade, and Brett’s (2002) distance metric method, this...
Persistent link: https://www.econbiz.de/10010816332
This article examines the impact of Wal-Mart Supercenters’ entry on incumbents’ pricing behavior and demand. Using a structural model and milk data from the Dallas/Fort Worth supermarket chains, empirical results show that an expansion of Supercenters caused incumbents to price milk...
Persistent link: https://www.econbiz.de/10010816340
The introduction of new products is an important method of competition in many markets. Towards understanding its impact on competition and welfare, this paper estimates the effects of Crystal Pepsi being introduced by PepsiCo. Estimating a structural model of the soft drink market, the...
Persistent link: https://www.econbiz.de/10010816345
Store brands are thought to improve a retailer's position relative to leading brand manufacturers and to reduce retail prices. Steiner (2004) oers a characterization of typical industry structures by considering the relationship between interbrand and intrabrand elasticities. We estimate a model...
Persistent link: https://www.econbiz.de/10011145334
Persistent link: https://www.econbiz.de/10010638886