Market Dynamics in Supply Chains: The Impact of Globalisation and Consolidation on Food Companie's Mark-ups
This paper examines whether ownership and increased competitive pressure affect food retailersâ€™ market power, analysing whether all actors involved in the food supply chain deviate from the pricing behaviour that exists under perfect competition. A method proposed by Roeger (1995) is used to estimate price-cost margins, relaxing the assumptions of perfect competition and constant returns to scale. [Discussion Paper 273/2011]. URL:[http://www.econ.kuleuven.be/licos/DP/DP2011/DP273.pdf].
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