|
|
|
Registros recuperados: 13 | |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
Burton, Diana M.; Love, H. Alan. |
In processing industries, plant location decisions are costly and have consequences for firm profitability. When raw materials are heavy or perishable, transportation costs limit shipping distances and processors must compete locally for raw material inputs. To determine the likely profitability of a new plant, a processor must forecast the effect entry will have on local post-entry raw material price. This requires anticipating how entry will affect market structure and intensify competition for raw materials. Using an econometric representation of game-theoretic Nash equilibria relating input prices to processor competition in local procurement areas, an empirical model is developed to ex ante forecast the likely impact of entry on input price. The... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Input price; Entry; Agribusiness; Industrial Organization; Livestock Production/Industries. |
Ano: 2011 |
URL: http://purl.umn.edu/103323 |
| |
|
| |
|
|
Adamson, Dwight W.; Waugh, Andrew. |
Farm structure is experiencing a persistent change. Since the early 1980s, US farms specializing in crops have constantly declined in number and grown in average size. Crop production has moved to large farms at the expense of small and medium sized farms. This shift in farm structure to more concentrated production is complex. Market forces such as technological change and changing factor input prices are likely contributors as they have been in the past. Another factor that has generated considerable interest is the role of commodity program payments. Commodity payments are tied to a farm’s current or historical production. Therefore, larger farms tend to receive the greatest share of commodity program payments. However, the extent that commodity... |
Tipo: Presentation |
Palavras-chave: Farm Operator; Entry; Exit; Community/Rural/Urban Development; Labor and Human Capital; Q12; J61; J62. |
Ano: 2012 |
URL: http://purl.umn.edu/124053 |
| |
|
| |
|
|
Liu, Xiaoou; Lopez, Rigoberto A.. |
The Impact of Wal-Mart Supercenters on Supermarkets’ Profit Margins. XIAOOU LIU (Email: xiaoou2010@gmail.com, School of Agricultural Economics and Rural Development, Renmin University of China, Beijing, China 100872) RIGOBERTO LOPEZ (Professor and Department Head, Department of Agricultural and Resource Economics, Storrs, CT 06269) This paper quantifies the impact of Wal-Mart Supercenters on supermarkets’ profitability via a two-stage dynamic entry game, using simulated methods of moment and milk scanner data from Dallas/Fort Worth supermarkets. The empirical findings show that the entry of Wal-Mart Supercenters accounts for about an average of 50% decreases in profit margins for incumbent supermarkets. The effect of scale of economies is found to be more... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Wal-Mart; Entry; Profit margins; Dynamic games; Industrial Organization. |
Ano: 2010 |
URL: http://purl.umn.edu/61800 |
| |
|
|
Michele, Moretto; Gianpaolo, Rossini. |
The main aim of the paper is to highlight the relation between flexibility and vertical integration. To this purpose, we go through the selection of the optimal degree of vertical disintegration of a flexible firm which operates in a dynamic uncertain environment. The enterprise we model enjoys flexibility since it can switch from a certain amount of disintegration to vertical integration and viceversa. This means that the firm never loses vertical control, i.e., the ability to produce all inputs even when it buys them in the market. This sort of flexibility makes for results which are somehow contrary to the Industrial Organization recent literature and closer to the Operations Research results. In this sense we provide a bridge between the two approaches... |
Tipo: Working or Discussion Paper |
Palavras-chave: Vertical Integration; Outsourcing; Entry; Flexibility; L24; G 31; C61. |
Ano: 2008 |
URL: http://purl.umn.edu/36759 |
| |
|
|
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 |
| |
|
| |
Registros recuperados: 13 | |
|
|
|