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Estimation of Political Oligopoly Power of Domestic Producers in the Korean Raw-Milk Market AgEcon
Jeon, Sang-Gon.
This paper estimates the political oligopoly power of domestic raw-milk producers in the Korean dairy market. Domestic raw-milk price for fluid use is decided exogenously by the government. The government announces the reference price of raw-milk price for fluid use to protect the domestic raw-milk producers from the potential market power of domestic dairy processors, because historically many small-sized domestic producers are a relatively weaker group than domestic processors. Here, this study has two questions: one is about how effectively the government protects the producers and the other is about how much the producers exert their political power against the government to raise the reference price in this process. Furthermore, this paper also tests...
Tipo: Journal Article Palavras-chave: Political power; Market power; Dairy; Milk; Korea; Agribusiness; Agricultural and Food Policy; Community/Rural/Urban Development; Food Consumption/Nutrition/Food Safety; Marketing.
Ano: 2008 URL: http://purl.umn.edu/45681
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Price Equivalent Impacts of the DDA in the Korean Raw-milk Market AgEcon
Jeon, Sang-Gon.
This study estimates the potential impacts of the Doha Development Agenda (DDA) on the Korean raw-milk market. The DDA has not reached an agreement yet. Although there are different attitudes about several issues such as Special Safeguard Mechanism (SSM), Sensitive Products (SP), and Tariff Rate Quota (TRQ) creation, WTO member countries have reached an agreement for major issues of the modalities in the DDA. Hence, this study estimates the impacts of the DDA that will finally reach an agreement sooner or later. For estimating the impacts of the DDA, this study makes a dairy trade model for the Korean dairy industry and measures the impacts of the DDA in terms of raw-milk price for fluid use incurred by further tariff cuts in the Korean dairy market by the...
Tipo: Journal Article Palavras-chave: DDA; Dairy; Milk; Tariff; Price equivalent; Agricultural and Food Policy; Demand and Price Analysis; International Relations/Trade; Livestock Production/Industries.
Ano: 2009 URL: http://purl.umn.edu/90681
Registros recuperados: 2
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