Estimation Of Imperfect Competition In Food Marketing: A Dynamic Analysis Of The German Banana Market
Several studies have estimated the welfare effects of recent changes in the European Union's common policy on banana imports, based upon the assumption that the market is perfectly competitive. However, if the market is imperfectly competitive, predictions about changes in banana policy may be inaccurate. The objective of this paper is to estimate the degree of market imperfection in the German market for banana imports using dynamic methods. The hypothesis that this market is perfectly competitive is rejected, and, in addition, the degree of market imperfection is estimated to be higher using a dynamic model compared to previous static estimates.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Fudenberg, Drew, 1986.
"Noncooperative Game Theory for Industrial Organization: An Introduction and Overview,"
Department of Economics, Working Paper Series
qt9j39n20f, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Fudenberg, Drew & Tirole, Jean, 1989. "Noncooperative game theory for industrial organization: An introduction and overview," Handbook of Industrial Organization, in: R. Schmalensee & R. Willig (ed.), Handbook of Industrial Organization, edition 1, volume 1, chapter 5, pages 259-327 Elsevier.
- Drew Fudenberg and Jean Tirole., 1986. "Noncooperative Game Theory for Industrial Organization: An Introduction and Overview," Economics Working Papers 8613, University of California at Berkeley.
- Drew Fudenberg & Jean Tirole, 1987. "Noncooperative Game Theory for Industrial Organization: An Introduction and Overview," Working papers 445, Massachusetts Institute of Technology (MIT), Department of Economics.
- Bresnahan, Timothy F., 1989. "Empirical studies of industries with market power," Handbook of Industrial Organization, in: R. Schmalensee & R. Willig (ed.), Handbook of Industrial Organization, edition 1, volume 2, chapter 17, pages 1011-1057 Elsevier.
- Michael H. Riordan, 1985. "Imperfect Information and Dynamic Conjectural Variations," RAND Journal of Economics, The RAND Corporation, vol. 16(1), pages 41-50, Spring.
- Fershtman, Chaim & Kamien, Morton I, 1987. "Dynamic Duopolistic Competition with Sticky Prices," Econometrica, Econometric Society, vol. 55(5), pages 1151-64, September.
- Karp, Larry & Perloff, Jeffrey M, 1988.
"Open-loop and feedback models of dynamic oligopoly,"
Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series
qt7pn779rc, Department of Agricultural & Resource Economics, UC Berkeley.
- Karp, Larry S. & Perloff, Jeffrey M., 1993. "Open-loop and feedback models of dynamic oligopoly," International Journal of Industrial Organization, Elsevier, vol. 11(3), pages 369-389, September.
- Kala Krishna, 1985.
"Trade Restrictions as Facilitating Practices,"
NBER Working Papers
1546, National Bureau of Economic Research, Inc.
- Robert Read, . "The ECInternal Banana Market: The Issues and the Dilemma Forthcoming in World Economy (1994)," Working Papers ec16/93, Department of Economics, University of Lancaster.
- John Freebairn & Bill Griffiths, 2006. "Introduction," The Economic Record, The Economic Society of Australia, vol. 82(s1), pages S1-S1, 09.
- repec:cdl:agrebk:440237 is not listed on IDEAS
When requesting a correction, please mention this item's handle: RePEc:ags:jlofdr:27899. 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: (AgEcon Search)
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.