assuming a supply shock. With the view to evaluating the impact of market power'sinteraction with industry technology on the …

adjustment at different stages in a vertically-related market. Our interest is motivated primarily by the presence of market … power that is alleged to occur in UK food retailing. From a theoretical perspective, we show that if market power has an … and this in turn provides an empirical test of market power. We also account for different aspects of the BSE crisis …

. From a theoretical perspective, we set out simple tests that relate to the way in which market power may affect the …

adjustment at different stages in a vertically-related market. From a theoretical perspective we show that if market power has an … and older beef cattle. The results suggest that we cannot reject the importance of market power in the UK food sector in …

sector are fully transmitted in changes to retail prices. Therole of market structure in determining the degree of price … will be less than complete. However, an important feature of market structure,often by-passed in empirical studies of … market power is the nature of the underlying costconditions. In this paper, it is shown that if the industry is characterised …

financing relationship with the borrower and product market outcomes. …