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This paper examines how consolidation in the marketing system affects prices for orange juice. We isolated the pricing behavior of brand marketers, wholesalers, and retailers by observing the retail prices for specific orange juice products, including leading national brands and private label...
Persistent link: https://www.econbiz.de/10005338206
This study explores the growth in demand for fast food. A distinguishing characteristic of fast food is its convenience; in today's pervasive marketplace, consumers need not travel far to find a fast food outlet. This greater availability translates into a decrease in the full price of obtaining a...
Persistent link: https://www.econbiz.de/10005484273
Nutritional considerations are of increasing importance in some foods. To address demand for nutrition, we estimate a demand system for cereals of different nutrient types, concentrating on fiber and focussing on five Kellogg's cereals with marked differences in fiber content. Results shed light...
Persistent link: https://www.econbiz.de/10005468479
This study focused on consumer demand for orange juice, for both frozen concentrate and refrigerated, by major brands and nutritional enhancement. Demand for calcium-enhanced orange juice and standard orange juice were compared. Estimation involved system of demand equations and included the...
Persistent link: https://www.econbiz.de/10005468485
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With the end of the Supermarket Revolution in the 1970s, new forms of horizontal, vertical, and geographic competition have appeared to challenge the supremacy of the supermarket format. New retail formats like warehouse stores, supercenters, and fast-food outlets appear to affect local retail...
Persistent link: https://www.econbiz.de/10005320530
We used extensions of traditional ARCH and GARCH models to examine the difference in the behavior of the first two moments of the price distribution during collusion and the absence of it using prices from two recently discovered conspiracies, citric acid and lysine. According to our results,...
Persistent link: https://www.econbiz.de/10005327372
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...
Persistent link: https://www.econbiz.de/10009320441