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Imperfect Competition in the Fresh Fruit and Vegetable Industry 31
Requillart, Vincent; Simioni, Michel; Varela Irimia, Xose Luis.
Do retailers exert market power in the fresh fruit and vegetables markets? In the EU countries, as the retail industry distributes a significant part of fruit and vegetables, a non competitive behavior might have significant impact on consumption, on surplus and welfare. In this paper, we shed some light on the degree of non-competitive distortions in the French fresh fruit and vegetable markets. We analyze the market of tomato. The analysis is based on aggregate data on final consumption and prices at both shipper and consumer levels in France. The structural model is composed of a system of demand equations, supply equations and pricing equations which include terms that capture the oligopoly and oligopsony power of the retail sector and that account for...
Tipo: Conference Paper or Presentation Palavras-chave: Oligopsony; Oligopoly; Retail industry; Fruit and vegetable markets.; Agricultural and Food Policy.
Ano: 2009 URL: http://purl.umn.edu/58116
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Imperfect competition in the fresh tomato industry 31
Requillart, Vincent; Simioni, Michel; Varela Irimia, Xose Luis.
In this paper, we analyse the market power of the retail industry in the French tomato market. Following the methods developed in the New Empirical Industrial Organization, we develop a structural model of this industry. The analysis is based on detailed data on final consumption and prices at both shipper and consumer levels for two types of tomatoes in France. The structural model is composed of a system of demand equations, supply equations and pricing equations which include terms which capture the oligopoly and oligopsony power of the retail sector. We show that i) elasticity of demand varies during the year ii) the retail sector exercise only a ‘moderate’ market power iii) the exercise of market power decreases over time iv) If markets were...
Tipo: Conference Paper or Presentation Palavras-chave: Oligopoly; Oligopsony; Fresh products; Industrial Organization.
Ano: 2008 URL: http://purl.umn.edu/44279
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