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Registros recuperados: 32 | |
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Bonanno, Alessandro. |
Wal-Mart, the largest retailer worldwide, has been suspected of exercising market power over input providers, both merchandise suppliers and workers. However, in spite of a growing body of literature investigating the beneficial economic impact of the company through its price-lowering effect, research analyzing the company’s economic impact over input suppliers is limited. This paper presents a general framework which can be used to investigate Wal-Mart’s market power over input suppliers, vis-à-vis a variation in input productivity, focusing on homogenous intermediate goods supplied locally. The model is general enough to account for incumbents’ reaction to Wal-Mart’s entry resulting in exit, entry and changes in the production technology. A simplified... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Wal-Mart; Oligopsony power; Entry; Wages; Industrial Organization; Labor and Human Capital; L13; L81; J42. |
Ano: 2009 |
URL: http://purl.umn.edu/49599 |
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Roucan-Kane, Maud; Martens, Bobby J.; Preckel, Paul V.. |
Retail shelf space allocation remains a central issue in grocery retailing. A literature review produced many studies on retail shelf space allocation, but none which evaluated shelf space allocation using three major factors at once: space, vertical height, and price. In this study, shelf space allocation was modeled from the perspective of a retailer maximizing profit using space, vertical height, and price. Using benchmarking, the results show how shelf configuration affects consumer demand and retailer profit. Parameters for the model were based on experience-based intuition. Although the initial results are not valuable at this point, the method and results create a rationale and motivation to gather primary data. Once primary data is collected, this... |
Tipo: Working or Discussion Paper |
Palavras-chave: Shelf space allocation; Retail; Optimization; Grocery; Elasticity; GAMS; Ketchup; Marketing; C61; L81. |
Ano: 2007 |
URL: http://purl.umn.edu/7330 |
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Fomina, Julia; Fomin, Eduard. |
On the agricultural market, like any other market, there are transaction costs such as “discovering what the relevant prices are, the costs of negotiating and concluding a separate contract for each exchange transaction1”, and others. According to our research the average level of transaction costs in Russia for small and medium-sized enterprises is about 28% of the total cost. If the transaction costs of agricultural market are high, in order to reduce them entrepreneurs can arrange the additional production of goods within the firm, replacing market relationships on the relations within the firm. For example, in Russia, the large grain producers often have their own storage of grain (elevators) and mills, bakeries and even shops, because it is more... |
Tipo: Presentation |
Palavras-chave: Commodity market; E-commerce; Food sector; Self-organizing.; Agribusiness; Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety; International Relations/Trade; Research and Development/Tech Change/Emerging Technologies; L81; Q13; Q17.. |
Ano: 2011 |
URL: http://purl.umn.edu/122028 |
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Gorton, Matthew; Sauer, Johannes; Supatpongkul, Pajaree. |
An analysis of primary survey data on Thai shopping behavior seeks to understand the relative satisfaction of consumers with wet markets and supermarkets and identify the factors that affect frequency of visit to, and purchase behavior within, these retail outlets. This is used as a basis for engaging in wider debates on the ‘supermarket revolution’ in Asia. On all salient attributes affecting retail outlet choice, wet markets are perceived, in general, to be inferior to supermarkets. However for fresh produce sales, wet markets retain an advantage. Both socio-economic characteristics and retail outlet attributes are considered as determinants of food shopping behavior. Bootstrapped bivariate ordered probit models identify that those using wet markets more... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Food choice; Retail; Thailand.; Consumer/Household Economics; D12; L81; P46. |
Ano: 2009 |
URL: http://purl.umn.edu/51054 |
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Gorton, Matthew; Sauer, Johannes; Supatpongkul, Pajaree. |
Drawing on the Big Middle theory of retail evolution, an analysis of primary survey data on Thai shopping behavior seeks to understand the relative satisfaction of consumers with wet markets and supermarkets, identifying the factors that affect frequency of visit to, and purchase behavior within, these retail outlets. This provides the basis for engaging in a wider debate on the possibility of a ‘Global Big Middle’ for food retailing. On all salient attributes affecting retail outlet choice, supermarkets perform better than wet markets. However for fresh produce, wet markets continue to account for the majority of expenditure, albeit to a far lesser extent than in previous studies. A bootstrapped bivariate ordered probit model identifies that supermarkets... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Big Middle; Food retailing; Thailand; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; Marketing; D12; L81; P46. |
Ano: 2009 |
URL: http://purl.umn.edu/50332 |
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Bonanno, Alessandro; Lopez, Rigoberto A.. |
This paper investigates the effect of in-store services on retail food prices, supermarket competition, and demand using fluid milk as a case study. It is shown that higher-service supermarkets charge higher milk prices essentially because of an increase in market power due to differentiation of service offering. Results show that different types of services impact milk prices differently, that upscale food-retailers face stronger competition in newer services, and that service competition results in a trade-off for the consumer between the attractiveness of the enhanced retail configuration and the increase in prices. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Retailing; Pricing; Milk; Supermarkets; Agribusiness; L81; D40; L66. |
Ano: 2007 |
URL: http://purl.umn.edu/9833 |
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Wang, Shinn-Shyr; Rojas, Christian; Lavoie, Nathalie. |
We consider a model of vertical competition where downstream firms (retailers) purchase an upstream input from a monopolist and are able to differentiate from each other in terms of quality. Our primary focus is to study the effects of introducing a large retailer, such as a Wal-Mart Supercenter, that is able to lower wholesale prices (i.e. buyer market power). We obtain two main results. First, the store with no buyer market power responds to the presence of the large retailer by increasing its quality, a finding that is consistent with recent efforts by traditional retailers to enhance shoppers’ buying experience (i.e. quality). Second, the presence of a large retailer causes consumer welfare to increase. There are, however, two reasons for the increase... |
Tipo: Working or Discussion Paper |
Palavras-chave: Buyer market power; Vertical differentiation; Wal-Mart; Agribusiness; Agricultural and Food Policy; Agricultural Finance; Community/Rural/Urban Development; Crop Production/Industries; Farm Management; Financial Economics; Food Security and Poverty; Industrial Organization; Marketing; D43; L13; L81; M31; Q13. |
Ano: 2010 |
URL: http://purl.umn.edu/57165 |
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Bonanno, Alessandro; Ghosh, Gaurav S.. |
As the public expenditure for the Supplemental Nutrition Assistance Program (SNAP) - formerly the Food Stamp Program (FSP) - increases, improving the effectiveness of the policy becomes pivotal to limit further surges in public spending. Along with social stigma, transaction costs, associated in part to the accessibility and proximity to food outlets, are the main deterrent to program participation. This study presents an empirical assessment of the relationship between food access and FSP participation among eligible population. The analysis uses county-level data for the continental U.S., distinguished by different stores formats (grocery stores, convenience stores and a non-traditional, low-priced alternative, Wal-Mart Supercenters) accounting for the... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Food Stamps; Food Access; Spatial modelling; Agricultural and Food Policy; Consumer/Household Economics; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; Health Economics and Policy; Q18; L81; C21. |
Ano: 2010 |
URL: http://purl.umn.edu/116437 |
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Li, Lan; Carman, Hoy F.; Sexton, Richard J.. |
Rising concentration and consolidation of sales among large supermarket chains in the U.S. and other countries, due in part to a recent wave of mergers in food retailing, have made retailers' role in the food industry a topical issue. Using a unique micro dataset, this paper investigates retailer pricing issues for avocados, a key California specialty commodity, and analyzes the implications of retailer pricing behavior for the effectiveness of avocado industry advertising programs. The methodologies developed and the results achieved in this study should have broad applications across the produce sector, the food industry, and the grocery retail market. We find that retail prices for avocados are highly dispersed both spatially and temporarily. The... |
Tipo: Conference Paper or Presentation |
Palavras-chave: F13; L1; L81; Q1; Q13; Demand and Price Analysis; Marketing. |
Ano: 2006 |
URL: http://purl.umn.edu/25494 |
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Juhasz, Aniko; Stauder, Marta. |
The paper is a summary about the Hungarian retail sector based on the results of different research projects completed in the last five years. From all of these studies and of course the wide ranging domestic and international literature we had to conclude that the retailers have become more and more the exclusive owner of the information about the consumers and with this they become the new "captains" of the food chain. Thus we always started our research with gathering information about the situation of the Hungarian retail sector because we believed if we want to help those who try to adapt (the suppliers) then we have to know much more about those who dictate (the retailers). Analysing the concentration in company and not branch level we can say that... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Food retailing; Concentration; Market structure; Supplier-retailer relationships; Industrial Organization; D3; L81. |
Ano: 2006 |
URL: http://purl.umn.edu/25766 |
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Registros recuperados: 32 | |
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