Testing For Noncompetitive Behavior In The U.S. Food Industry
AbstractMarket structure is tested in 47 subsectors of the US food industry between 1958-1994. All industries exert market power in at least some of the sample years. Deadweight loss estimates resulting from noncompetitive behavior ranging from over $5 billion in soft drinks to under $1 million in the malt industry.
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Bibliographic InfoPaper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 1998 Annual meeting, August 2-5, Salt Lake City, UT with number 20978.
Date of creation: 1998
Date of revision:
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- A. M. Azzam & E. Pagoulatos, 1990. "Testing Oligopolistic And Oligopsonistic Behaviour: An Application To The Us Meat-Packing Industry," Journal of Agricultural Economics, Wiley Blackwell, vol. 41(3), pages 362-370.
- Cox, Thomas L & Chavas, Jean-Paul, 1990. "A Nonparametric Analysis of Productivity: The Case of U.S. Agriculture," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 17(4), pages 449-64.
- A. M. Azzam, 1992. "Testing The Competitiveness Of Food Price Spreads," Journal of Agricultural Economics, Wiley Blackwell, vol. 43(2), pages 248-256.
- Raper, Kellie Curry & Noelke, Corinna M., 2001. "Deterministic Nonparametric Market Power Tests: An Empirical Investigation," Staff Papers 11757, Michigan State University, Department of Agricultural, Food, and Resource Economics.
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