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Strategic trade theory shows that government intervention in markets with small numbers of traders can boost the welfare of a country relative to free trade. This survey critically assesses the empirical evidence regarding this possibility. One finding is that while many international food and...
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Market structure research has concentrated substantial analysis on the relationship of market structure and profitability (Bain 1957, Weiss, and Federal Trade Commission for example). these analyses have generally relied heavily on seller concentration as the major explanatory variable for...
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Since the 1980s, increased concentrations across marketing channels have changed bargaining relationships between retailers and manufacturers both in North America and in Europe. At the same time contract mechanisms within the marketing channels have become more complex and private label market...
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Shifts in the relative importance of alternative coordination arrangements among agricultural producers and processors, and particularly shifts from spot market transactions to forward contracts or vertical integration, may have substantial impacts on the control of agricultural production and...
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The paper explores the issue of price and expenditure endogeneity in empirical demand analysis. The analysis focuses on the US carbonated soft drink market. We test the null hypothesis that price and expenditures are exogenous in the demand for carbonated soft drinks. Using an Almost Ideal...
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