IDEAS home Printed from https://ideas.repec.org/a/asi/ajosrd/v5y2015i7p167-176id1395.html
   My bibliography  Save this article

Does Egyptian Orange Exports Really have a Market Power in Saudi Arabia Market?

Author

Listed:
  • Yasser S. A Mazrou

Abstract

Egypt is one of the important orange exporters and Saudi Arabia also is an important import orange market. The Saudi orange market is a main market for Egypt which has a market share that exceeds half of Saudi orange market by 55.72%. This article aims to discover the degree of market power for Egyptian orange exports and other competitors in the Saudi market and if it is considered a measure of the relative mark- up by applying Residual Demand Elasticity approach. The results show that Egyptian orange exports has just a statistically signified market power by SUR and 3-SLS and has a negative sign, which may gain monopolistic profits by the relative mark-up over its marginal cost by about 63.7% without losing any of its market share. The source of Egyptian orange exports market power is due to: 1- product differentiation where Egypt exports navel orange most its export season compared with sweet orange which exported from other competitors. 2- Saudi Arabia Market demand characteristics which reflect on the consumers preference for Egyptian oranges.

Suggested Citation

  • Yasser S. A Mazrou, 2015. "Does Egyptian Orange Exports Really have a Market Power in Saudi Arabia Market?," Asian Journal of Agriculture and Rural Development, Asian Economic and Social Society, vol. 5(7), pages 167-176.
    • Handle: RePEc:asi:ajosrd:v:5:y:2015:i:7:p:167-176:id:1395
    as

    Download full text from publisher

    File URL: https://archive.aessweb.com/index.php/5005/article/view/1395/2014
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:asi:ajosrd:v:5:y:2015:i:7:p:167-176:id:1395. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Robert Allen (email available below). General contact details of provider: https://archive.aessweb.com/index.php/5005/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.