Preferences, Market Structure, and Welfare Evaluations in the Argentinean FFP Industry: A Case in Buenos Aires Province
AbstractThis paper analyzes the demand of frozen fried potatoes in an important city of Argentina, Mar del Plata, and the effect of changes in market structure on consumer welfare. We find that high income individuals are more concerned about health and nutrition, and that younger and lower-income consumers are more price sensitive. The results suggest that consumer surplus would decrease with a merger between the two smaller firms of the market, and would increase if the market turned into a single-product firms industry. The influence of these counterfactual changes would be greater for wealthier and older individuals. This article contributes to the analysis of a food market which is rapidly growing in developing countries and is starting to play a more relevant role in consumers' diet.
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Bibliographic InfoArticle provided by John Wiley & Sons, Ltd. in its journal Agribusiness.
Volume (Year): 28 (2012)
Issue (Month): 3 (06)
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Web page: http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1520-6297
Other versions of this item:
- González, Julia & Lacaze, María Victoria, 2012. "Preferences, market structure, and welfare evaluations in the Argentinean FFP industry: a case in Buenos Aires Province," NÃ¼lan. Deposited Documents 1563, Centro de Documentación, Facultad de Ciencias Económicas y Sociales, Universidad Nacional de Mar del Plata.
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