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The marketing channels for many goods involve the production of a raw commodity that is processed and then distributed to retailers for sale to consumers. Either the processing industry or the retailing industry or both may exercise substantial market power ultimately against raw commodity...
Persistent link: https://www.econbiz.de/10010671661
This report identifies a research and policy agenda that can contribute to rural development and antipoverty initiatives during the 1990s. It integrates a discussion of private initiatives for rural development into a broader discussion of the issues. Two theories of underdevelopment and...
Persistent link: https://www.econbiz.de/10010635626
This research report is the econometric analysis of product market definition and unilateral market power that the senior author presented as expert economic witness for the state of New York in State of New York v. Kraft General Foods et al. at trial in September 1994. It is the first, and to...
Persistent link: https://www.econbiz.de/10010635627
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In this paper we specify a price determination model which can test both the traditional positive interbrand price ? share hypothesis and the negative intrabrand relationship predicted by residual demand analysis. We evaluate this relationship empirically using three-dimensional panel data from...
Persistent link: https://www.econbiz.de/10010635629
This paper is an essay in political economy. It defines globalization and discusses its key role in economic development over the past two centuries as well as today. Globalization may have broadened markets, thereby affecting the nature of competition within those larger markets, or it may have...
Persistent link: https://www.econbiz.de/10010635631
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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
This report analyzes the economic impact of price fixing in the wet corn milling industry on consumers in the State of Michigan. Two of the companies who produce citric acid have pleaded guilty to fixing its price. In this report we assume that price fixing also occurred among HFCS producers....
Persistent link: https://www.econbiz.de/10010635637