This paper estimates the relationships between market structure and the Lerner index of monopoly constructed from price data on processed food products sold through grocery stores. A theoretical model of a differentiated oligopoly specifies two determinants of price-cost margins: the...

This paper analyzes the price of a single brand in the bottled water industry. We find that the brand's price is negatively related to its own share. We also find that price is positively related to the four firm concentration ratio in the carbonated segment, but unrelated in the noncarbonated...

This paper reports econometric estimation of brand level demand (AIDS) elasticities for regular carbonated soft drinks using Information Resources, Inc. panel data. Own and cross price elasticities are used to measure actual and hypothetical market power that would arise from potential mergers...

This book was originally published by Westview Press, Boulder CO, 1995.

The Hazard Analysis and Critical Control Points (HACCP) approach to assuring food safety was first mandated in the United States in 1995 for the seafood industry, with full implementation to take place by December, 1997. The survey instruments included in this Working Paper were developed as...

The paper investigates price dynamics under market liberalization, with a focus on the effects of lowering price floors. We analyze price dynamics by specifying and estimating a dynamic Tobit model under time-varying volatility, where the market price is censored by a government-set support...