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Why should imperfect competition matter to agricultural economists?

  • Steve McCorriston
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    In this paper it is argued that imperfect competition should be given more attention by agricultural economists as the characteristics of food markets in Europe (and elsewhere) suggest that these markets are more typically oligopolistic. Particularly important in this regard is the growing market power of food retailers in many European countries. The analysis of imperfect competition should not be confined to those solely interested in competition policy issues but should also be the concern of economists who undertake applied policy analysis more generally. Copyright 2002, Oxford University Press.

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    Article provided by Foundation for the European Review of Agricultural Economics in its journal European Review of Agricultural Economics.

    Volume (Year): 29 (2002)
    Issue (Month): 3 (July)
    Pages: 349-371

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    Handle: RePEc:oup:erevae:v:29:y:2002:i:3:p:349-371
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    21. Kai-Uwe Kuhn, 1997. "Nonlinear Pricing in Vertically Related Duopolies," RAND Journal of Economics, The RAND Corporation, vol. 28(1), pages 37-62, Spring.
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    24. Sam Peltzman, 2000. "Prices Rise Faster than They Fall," Journal of Political Economy, University of Chicago Press, vol. 108(3), pages 466-502, June.
    25. Berry, Steven & Levinsohn, James & Pakes, Ariel, 1995. "Automobile Prices in Market Equilibrium," Econometrica, Econometric Society, vol. 63(4), pages 841-90, July.
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    27. Wujin Chu, 1992. "Demand Signalling and Screening in Channels of Distribution," Marketing Science, INFORMS, vol. 11(4), pages 327-347.
    28. Barnett, Paul G. & Keeler, Theodore E. & Hu, Teh-wei, 1995. "Oligopoly structure and the incidence of cigarette excise taxes," Journal of Public Economics, Elsevier, vol. 57(3), pages 457-470, July.
    29. Cotterill, Ronald W & Putsis, William P, Jr & Dhar, Ravi, 2000. "Assessing the Competitive Interaction between Private Labels and National Brands," The Journal of Business, University of Chicago Press, vol. 73(1), pages 109-37, January.
    30. Hennessy, David A. & Hayes, Dermot J., 2000. "Competition and Tying in Agri-Chemical and Seed Markets," Staff General Research Papers 1897, Iowa State University, Department of Economics.
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