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Persistent link: https://www.econbiz.de/10003841461
A new empirical industrial organisation approach is used to measure seller market power in the French Comté cheese market, characterised by government-approved supply control. The estimation is performed on quarterly data at the wholesale stage over the period 1985-2005. Three different...
Persistent link: https://www.econbiz.de/10013152899
While high transportation cost and market power are long-recognized sources of market inefficiency, their interaction is less well understood, and has not been explored in a developing-country context. In this paper, we analyze the mechanisms by which lower transportation costs increase farm...
Persistent link: https://www.econbiz.de/10014054677
Transportation costs and buyer market power reduce prices and income received by farmers in developing countries. Transportation costs directly affect the marketing margin and also exacerbate market power by limiting farmers' access to buyers. This article develops a multistage spatial model to...
Persistent link: https://www.econbiz.de/10014209096