Advanced Search
MyIDEAS: Login

Assessing competitive conditions and welfare losses in the Greek food and beverages manufacturing industry: An extended Hall-Roeger approach

Contents:

Author Info

  • Anthony N Rezitis

    ()
    (University of Western Greece)

  • Maria A. Kalantzi

    ()
    (University of Western Greece)

Abstract

This paper extends the Hall-Roeger methodology in order to investigate the market structure and to measure the degree of market power in the Greek food and beverages manufacturing industry over the period 1984–2007 at the three-digit SIC level. The present paper also estimates the net and the total welfare losses due to the possible existence of market power. The bootstrap method is applied to assign measures of accuracy to the statistical estimates. The empirical results imply the presence of imperfect competition as well as the existence of some degree of market power in the Greek food and beverages manufacturing industry over the period 1984-2007. The findings also support the existence of welfare losses.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.accessecon.com/Pubs/EB/2012/Volume32/EB-12-V32-I2-P135.pdf
Download Restriction: no

Bibliographic Info

Article provided by AccessEcon in its journal Economics Bulletin.

Volume (Year): 32 (2012)
Issue (Month): 2 ()
Pages: 1413-1427

as in new window
Handle: RePEc:ebl:ecbull:eb-11-00770

Contact details of provider:

Related research

Keywords: Market power; Markup; Welfare losses; Food and beverages manufacturing industry; Bootstrap;

Find related papers by JEL classification:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:ebl:ecbull:eb-11-00770. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (John P. Conley).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.