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| Anania, Giovanni. |
| The paper shows how analyses assuming perfect competition can yield a distorted estimation of the expected effects of a trade liberalization when market imperfections exist. The analytical framework adopted is very simple and three extreme imperfect market structures are considered. In the first case, the exporting country maximizes its producer and consumer surplus by intervening in the world market. The second market imperfection considered is the existence of a private firm playing the role of "pure middleman" in the world market. Then the case of a producer-owned marketing board which is granted exclusive export authority is addressed. It is shown that under all three scenarios, if perfect competition is assumed when market imperfections exist, the... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Trade liberalization; Imperfect markets; Monopoly; Monopsony; Marketing board; International Relations/Trade. |
| Ano: 2002 |
URL: http://purl.umn.edu/24971 |
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| Key, Nigel D.; MacDonald, James M.. |
| The exercise of monopsony power by broiler processing firms is plausible because production occurs within localized complexes, which limits the number of integrators with whom growers can contract. In addition, growers face distinct hold-up risks as broiler production requires a substantial investment in specific assets and most production contracts do not involve long-term purchasing commitments by integrators. This paper provides an initial exploration of the links between the local concentration of broiler integrators and grower compensation under production contracts using data from the 2006 broiler version of USDA’s Agricultural Resource Management Survey. Results of this preliminary study, which accounts for characteristics of the operation and... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Poultry; Broilers; Market power; Monopsony; Production contracts; Livestock Production/Industries; Marketing. |
| Ano: 2008 |
URL: http://purl.umn.edu/6073 |
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| Anania, Giovanni. |
| The paper shows how analyses assuming perfect competition can yield a distorted estimation of the expected effects of a trade liberalization when market imperfections exist. The analytical framework adopted is very simple and three extreme imperfect market structures are considered. In the first case, the exporting country maximizes its producer and consumer surplus by intervening in the world market. The second market imperfection considered is the existence of a private firm playing the role of "pure middleman" in the world market. Then the case of a producer-owned marketing board which is granted exclusive export authority is addressed. It is shown that estimates of the impact of a tariff reduction in terms of prices and volume traded obtained assuming... |
| Tipo: Journal Article |
Palavras-chave: Trade liberalization; Imperfect markets; Monopoly; Monopsony; Marketing board; International Relations/Trade; F12; F13; Q17; Q18. |
| Ano: 2003 |
URL: http://purl.umn.edu/28798 |
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