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Recent research in marketing has focused on cross-category variation in the market share of private label products, while recent work in the economics and industrial organization literature has focused on the determinants of firm price setting behavior. In this paper, the authors develop a...
Persistent link: https://www.econbiz.de/10010635635
In contrast to single-equation cross-sectional studies of private label share, developing a complete understanding of the nature of the competitive interaction between national brands and private labels requires an understanding of the determinants of both demand and strategic pricing decisions...
Persistent link: https://www.econbiz.de/10010635639
In this paper, we develop a framework for estimating market share and price reaction equations in an attempt to understand the nature of competitive interaction in the market for private label and branded grocery products. Specifically, we employ a Linear Approximate Almost Ideal Demand System...
Persistent link: https://www.econbiz.de/10010635660
This article investigates the competition effects of supermarket food and non-food services using fluid milk as a case study. A simultaneous equation model for services and price competition is estimated with scanner data from 16 supermarket chains operating in six U.S. cities. Empirical results...
Persistent link: https://www.econbiz.de/10010636779
Since November of 2002, the Food Marketing Policy Center has periodically conducted price surveys of milk in New York and Southern New England (Cotterill, et. al. 2002; Rabinowitz, et. al. 2003;Cotterill 2003). Results of these surveys, when coupled with data on the underlying cost of the raw milk, have...
Persistent link: https://www.econbiz.de/10010777190
Last November, the Food Marketing Policy Center conducted a survey of retail milk prices in Connecticut, Massachusetts, Rhode Island, and parts of southeast New York (Cotterill, et al., 2002). That look at the price distribution over space aided in answering several questions regarding milk...
Persistent link: https://www.econbiz.de/10010777192
With the help of four University of Connecticut graduate students, two weeks ago I surveyed milk prices in 195 grocery stores in southern New England and neighboring parts of New York. The average price for milk in Providence supermarkets was $3.03 a gallon (the average prices for the major...
Persistent link: https://www.econbiz.de/10010777193
At the outset we would like to thank the Committee on the Environment for the opportunities to submit this written testimony and to address the Committee on an important issue today. Milk pricing in New England and Massachusetts has been contentious for several years because of two interrelated...
Persistent link: https://www.econbiz.de/10010777194
The proposed Connecticut milk pricing law for milk establishes two price collars. The general concept is as follows. Wholesale fluid milk prices will be limited to no more than 140% of the raw fluid price, and retail prices will be limited to no more than 140% of the wholesale price. These 140%...
Persistent link: https://www.econbiz.de/10010777196
Farmers want to know how this proposed law will benefit them. This briefing paper explains in a general fashion how the proposed law benefits farmers. Actual benefits from the law will depend critically on the detailed regulations that the Commission promulgates. Those details will include the...
Persistent link: https://www.econbiz.de/10010777198