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This paper provides an overview of recent research on estimating competitive interaction in food product categories. In particular, the focus of this review is on research using scanner data conducted at the disaggregate (e.g., store, chain or local market) level, including empirical studies of...
Persistent link: https://www.econbiz.de/10010816358
This manuscript studies the market conduct of the milk manufacturers and retail chains in a Midwestern state in the U.S. Following the menu approach we employ a random coefficient logit demand model to investigate several possible scenarios on the supply side. Demand estimates are obtained using...
Persistent link: https://www.econbiz.de/10008922617
Regardless of the definition of the informal sector, there is wide spread consensus that the sector is important to the developing world. The International Lab-our Organization estimated that in 1990, 21 percent of the Sub-Saharan Africa's 227 million labour force was working in the informal...
Persistent link: https://www.econbiz.de/10008680811
The proposition of a carbon tax has reinvigorated the discussion about the price elasticity of gasoline demand. This paper analyzes how consumers react to higher gas prices in a new setting, examining whether they choose Internet purchasing over in-store purchasing when gas prices increase....
Persistent link: https://www.econbiz.de/10009020918
We investigate the strategic pricing for leading brands sold in the carbonated soft drink (CSD) market in the context of a flexible demand specification (i.e. random parameter nested logit) and a structural pricing equation. Our approach does not rely upon the often used ad hoc linear...
Persistent link: https://www.econbiz.de/10009021546
Persistent link: https://www.econbiz.de/10011068510
This study examines the dynamic relationship between wholesale and retail prices of beef products, accounting for product differentiation in cuts and quality grades. We test for long-run association in price transmission relationship in presence of asymmetry caused by threshold-type adjustments....
Persistent link: https://www.econbiz.de/10011068533
The existence of price thresholds in grocery retailing is well-documented. Most authors explain the existence of price thresholds using Assimilation-Contrast Theory (ACT), Adaptation Level Theory (ALT) or Prospect Theory (PT). However, each of these theories is untenable if consumers are...
Persistent link: https://www.econbiz.de/10011068960
Der in den letzten Jahrzehnten auftretende strukturelle Wandel in Produktion und Vermarktung von Agrarerzeugnissen und Lebensmitteln hin zu stärker verarbeiteten und differenzierteren Produkten wurde im Rahmen der Verordnung (EG) Nr. 510/2006 für geografische Herkunftsangaben durch die EU...
Persistent link: https://www.econbiz.de/10011069537
. Specifically, it focuses on marketing costs for asparagus,cantaloupes, table grapes, oranges, bell peppers, and tomatoes. Results … of the study indicate that transportation costs significantly increase the costs of marketing these produce items and …
Persistent link: https://www.econbiz.de/10011098005