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Provedor de dados:  AgEcon
País:  United States
Título:  Measuring the Intensity of Competition in the Japanese Beef Market
Autores:  Reed, Michael R.
Saghaian, Sayed H.
Data:  2008-09-09
Ano:  2004
Palavras-chave:  Beef
Market power
Market share
Residual demand
Resumo:  A residual demand model for beef exports to Japan is specified and estimated. The objective is to estimate the extent of market power. It is assumed that each exporting country faces a downward-sloping residual demand curve, which reflects the market demand minus the supplies of competitors, and that exporters maximize profit through their output decisions. The analysis is disaggregated by beef cut and form to capture the variation by beef market segments. The results indicate that the highest markup of price over marginal cost belongs to U.S. frozen ribs, the only indication of market power by U.S. exporters. Canada is found to have limited market power, whereas Australia and New Zealand enjoy some market power, including five chilled beef categories.
Tipo:  Journal Article
Idioma:  Inglês
Relação:  Journal of Agricultural and Applied Economics>Volume 36, Number 01, April 2004
Formato:  9

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