Estimating Oligopsony Power in the Hungarian Market for Slaughter Hogs
AbstractA structural market model is estimated to analyze the effect of market power on resource allocation in the Hungarian pork supply chain. Regression analysis suggests that market power exists, though at a relatively low level. Moreover, the estimates show that processors might pursue Cournot strategies. In addition, we observe that market power of processors in the Hungarian sector is increasing. These results are consistent with the structural developments in pork production and pork processing.
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Bibliographic InfoArticle provided by M.E. Sharpe, Inc. in its journal Eastern European Economics.
Volume (Year): 48 (2010)
Issue (Month): 1 (January)
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Web page: http://mesharpe.metapress.com/link.asp?target=journal&id=106044
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- Perekhozhuk Oleksandr & Hockmann Heinrich & Fertő Imre & Bakucs Lajos Zoltán, 2013.
"Identification of Market Power in the Hungarian Dairy Industry: A Plant-Level Analysis,"
Journal of Agricultural & Food Industrial Organization,
De Gruyter, vol. 11(1), pages 1-13, January.
- Perekhozhuk, Oleksandr & Hockmann, Heinrich & Bakucs, Lajos Zoltan & Ferto, Imre, 2011. "Identification Of Market Power In The Hungarian Dairy Industry: A Plant-Level Analysis," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114768, European Association of Agricultural Economists.
- Perekhozhuk, Oleksandr & Matyukha, Andriy & Glauben, Thomas, 2011. "Estimating the Degree of Buyers' Market Power: Evidence from the Ukrainian Meat Processing Industry," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114782, European Association of Agricultural Economists.
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