Preferences, market structure, and welfare evaluations in the Argentinean FFP industry: a case in Buenos Aires Province
This paper analyzes the demand of frozen fried potatoes in an important city of Argentina, Mar del Plata, and the effect of changes in market structure on consumer welfare. We find that high income individuals are more concerned about health and nutrition, and that younger and lower-income consumers are more price sensitive. The results suggest that consumer surplus would decrease with a merger between the two smaller firms of the market, and would increase if the market turned into a single-product firms industry. The influence of these counterfactual changes would be greater for wealthier and older individuals. This article contributes to the analysis of a food market which is rapidly growing in developing countries and is starting to play a more relevant role in consumers' diet.
|Date of creation:||2012|
|Date of revision:|
|Publication status:||Published in Agribusiness, 28(3), 2012, pp. 341-360|
|Contact details of provider:|| Postal: |
Phone: +54 (223) 474-9696
Web page: http://eco.mdp.edu.ar
More information through EDIRC
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.:
- Eliza M. Mojduszka & Julie A. Caswell & J. Michael Harris, 2001. "Consumer choice of food products and the implications for price competition and government policy," Agribusiness, John Wiley & Sons, Ltd., vol. 17(1), pages 81-104.
- Christensen, Laurits R & Jorgenson, Dale W & Lau, Lawrence J, 1975. "Transcendental Logarithmic Utility Functions," American Economic Review, American Economic Association, vol. 65(3), pages 367-83, June.
- Steven T. Berry, 1994. "Estimating Discrete-Choice Models of Product Differentiation," RAND Journal of Economics, The RAND Corporation, vol. 25(2), pages 242-262, Summer.
- Elena Lopez & Rigoberto A. Lopez, 2009.
"Demand for differentiated milk products: implications for price competition,"
John Wiley & Sons, Ltd., vol. 25(4), pages 453-465.
- Lopez, Elena & Lopez, Rigoberto, 2008. "Demand for Differentiated Milk Products: Implications for Price Competition," Research Reports 149929, University of Connecticut, Food Marketing Policy Center.
- Elena Lopez & Rigoberto A. Lopez, 2008. "Demand for Differentiated Milk Products: Implications for Price Competition," Food Marketing Policy Center Research Reports 104, University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy.
- Elena López & Rigoberto A. López, 2008. "Demand for differentiated milk products: Implications for price competition," Alcamentos 0805, Universidad de Alcalá, Departamento de Economía..
- Deaton, Angus S & Muellbauer, John, 1980. "An Almost Ideal Demand System," American Economic Review, American Economic Association, vol. 70(3), pages 312-26, June.
- Berry, Steven & Levinsohn, James & Pakes, Ariel, 1995. "Automobile Prices in Market Equilibrium," Econometrica, Econometric Society, vol. 63(4), pages 841-90, July.
- Amil Petrin, 2002. "Quantifying the Benefits of New Products: The Case of the Minivan," Journal of Political Economy, University of Chicago Press, vol. 110(4), pages 705-729, August.
When requesting a correction, please mention this item's handle: RePEc:nmp:nuland:1563. 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: (Cristian Merlino S.)
If references are entirely missing, you can add them using this form.