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Market power analysis in the retail food industry: a survey of methods

  • Digal, Larry N.
  • Ahmadi-Esfahani, Fredoun Z.
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    The present paper surveys various methods used to analyse market power in the retail food industry. The strengths and weaknesses of these approaches are explored and a review of the issues in using New Empirical Industrial Organization (NEIO) and time-series models is provided. The absence of a theory underlying time-series models is highlighted and a review of some theoretical models in retailing is presented. The impact of imperfect competition in the food processing sector on retailing is also examined. It is argued that a combination of the approaches that minimises the weaknesses and builds on the strengths of single approaches may prove more promising for examining non-competitive behaviour.

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    File URL: http://purl.umn.edu/118596
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    Article provided by Australian Agricultural and Resource Economics Society in its journal Australian Journal of Agricultural and Resource Economics.

    Volume (Year): 46 (2002)
    Issue (Month): 4 (December)
    Pages:

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    Handle: RePEc:ags:aareaj:118596
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