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| Registros recuperados: 29 | |
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| Chung, Chanjin; Zhang, Tong; Peel, Derrell S.. |
| The study examines the impacts of implementing mandatory country of origin labeling (COOL) on producer and consumer welfare in the U.S. meat industry. The equilibrium displacement model developed in this study includes twenty-nine equations representing retail-, processing-, and farm-level equilibrium conditions for the beef, pork, and chicken industries. Unlike previous studies, the model allows trade between domestic- and foreign-origin products and considers the imperfectly competitive market structure of meat processers. Empirical results show that without a significant increase in domestic meat demand, producers are not expected to benefit from the mandatory COOL implementation. Results of a sensitivity analysis indicate that consumers tend to bear... |
| Tipo: Journal Article |
Palavras-chave: Checkoff; Country of origin labeling; Imperfect competition; Price elasticity; Marketing. |
| Ano: 2009 |
URL: http://purl.umn.edu/59255 |
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| Sckokai, Paolo; Soregaroli, Claudio; Moro, Daniele. |
| In this paper, we evaluate the role of market power by retailers within the supply chain of Parmigiano Reggiano and Grana Padano, the two most famous Italian quality cheeses. Market power is analysed in the context of an imperfect competition model of the supply chain, in which retailers are allowed to exercise market power both downstream and upstream. We jointly estimate market power parameters together with supply and demand elasticities, by means of a structural system of demand, supply and price transmission equations, estimated using the Generalised Method of Moments. We find clear evidences of downstream market power by retailers (toward final consumers), and no evidences of upstream market power (toward processors/ripeners). These results may be... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Market power; Imperfect competition; PDO cheese; Agricultural and Food Policy; Industrial Organization; Q13. |
| Ano: 2009 |
URL: http://purl.umn.edu/51425 |
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| Langyintuo, Augustine S.. |
| Interspatial and intertemporal grain distribution in Ghana is a private sector activity carried out mainly by traders. These traders sometimes collude to maximize their joint profits. By so doing they influence the conduct of the grains market. To examine the effect of their actions on the informal maize market in Ghana, a spatial equilibrium model was estimated under three scenarios: (1) Perfect competition, (2) Cournot-Narsh conjectures, and (3) Collusion. The results indicate that imperfect competition distorts grain flows, reduces consumer welfare and depresses traders’ sales revenue. Collusive behavior of traders, on the other hand, causes the greatest distortion of grain flows as well as trader and consumer welfare. These results draw attention to... |
| Tipo: Journal Article |
Palavras-chave: Spatial equilibrium; Monopoly; Imperfect competition; Interspatial; Cournot- Narsh conjectures; Crop Production/Industries; D4; L1. |
| Ano: 2010 |
URL: http://purl.umn.edu/96166 |
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| Hueth, Brent; Marcoul, Philippe. |
| We study incentives for information sharing (about uncertain future demand for final output) among firms in imperfectly competitive markets for farm output. Information sharing generally leads to increases in expected total welfare but may reduce expected firm profits. Even when expected firm profits increase, information sharing does not represent equilibrium behavior because firms face a prisoner?s dilemma in which it is privately rational for each firm to withhold information, given that other firms report truthfully. This equilibrium can be overcome if firms commit to simultaneously reporting their information and if reports are verifiable. We argue that agricultural bargaining associations serve both these roles. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural markets; Bargaining; Imperfect competition; Information; Marketing. |
| Ano: 2002 |
URL: http://purl.umn.edu/18576 |
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| Cahill, Sean A.. |
| Improvements in competitiveness can be achieved through policy initiatives, but the success of these policies will depend upon the way that firms and consumers respond. This paper establishes the conditions under which a policy change can lead to an improvement in the competitiveness of a Canadian firm. There are two firms (Canadian, U.S.) each with two brands and each making sales in two markets (Canada, U.S.) and two consumers, one in Canada and one in the U.S. Equilibrium is shown to depend on inverse compensated demand function coefficients, the conjectured best response coefficients for each firm and marginal cost functions for each firm. An improvement in competitiveness from an investment in public infrastructure in Canada is shown to depend upon... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Competitiveness; Imperfect competition; Public infrastructure investment; Industrial Organization; International Relations/Trade; F12. |
| Ano: 2011 |
URL: http://purl.umn.edu/102038 |
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| Decreux, Yvan; Valin, Hugo. |
| MIRAGE is a multi-region, multi-sector computable general equilibrium model, devoted to trade policy analysis. It incorporates imperfect competition, horizontal and vertical product differentiation, and foreign direct investment, in a sequential dynamic set-up where installed capital is assumed to be immobile. Adjustment inertia is linked to capital stock reallocation. MIRAGE draws upon a very detailed measure of trade barriers and of their evolution under given hypotheses, thanks to the MAcMap database. The most recent version, presented in this paper, offers improvements in the modelling of agriculture policy and dynamics. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Computable general equilibrium model; Trade policy; Dynamics; Foreign direct investment; Imperfect competition; International Relations/Trade; D58; F12; F13. |
| Ano: 2007 |
URL: http://purl.umn.edu/7284 |
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| Kazmierczak, Richard F., Jr.; Zapata, Hector O.; Diop, Hamady. |
| Octopus exports are an important source of foreign exchange for Mauritania. The export market has historically been dominated by coordinated Japanese buyers, a situation that led Mauritania to create the Societe Mauritanienne de Commercialisation de Poisson (SMCP) to negotiate with buyers and manage all octopus exports. Issues concerning competitiveness, price discrimination, and exchange rate pass-through in the Mauritanian octopus export market corrected for contemporaneous and serial correlation. Results indicate some degree of price discrimination across destination markets, market share enhancement through local currency price stabilization, and increases in marginal costs of production following nationalization of the Mauritanian trawler fleet. Thus,... |
| Tipo: Journal Article |
Palavras-chave: International trade; Exchange rates; Imperfect competition; Octopus fisheries; Agribusiness; Demand and Price Analysis; International Relations/Trade. |
| Ano: 1997 |
URL: http://purl.umn.edu/90407 |
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| Hueth, Brent; Marcoul, Philippe. |
| This paper identifies market and commodity characteristics that seem to support successful cooperative bargaining in markets for farm output. Bargaining is not just about increasing prices paid to farmers; indeed, although there is very little empirical research that addresses the issue, what evidence does exist suggests that cooperative bargaining has very little direct influence on price. Nevertheless, the price negotiation process may be useful in itself as a form of price discovery in markets where there is uncertainty about market supply and demand conditions, and bargaining associations can play an important role in ensuring contract reliability. These and other benefits must be weighed against the organizational and ongoing operational costs of a... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural markets; Cooperative bargaining; Imperfect competition; Marketing. |
| Ano: 2002 |
URL: http://purl.umn.edu/18526 |
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| Registros recuperados: 29 | |
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