This paper analyzes non-competitive market conduct in the U.S. cattle procurement markets. Rather than relying on estimation of conduct parameters or measures of market concentration the analysis is based on the dynamics of price adjustment across regional markets. A VAR model is estimated using...

The impact of economic integration of the Southern Cone (MERCOSUR) and its effects on Argentinas, Brazil and Uruguay´s trade in dairy products are analyzed using a trade flow model. The model differentiates products by country of origin using an import demand that is determined in a two step...