Data/hora: 11/06/2024 09:00:32

Provedor de dados: | 31
País: | United States
Título: | ESTIMATING MARKET POWER AND PRICING CONDUCT IN A PRODUCT-DIFFERENTIATED OLIGOPOLY: THE CASE OF THE DOMESTIC SPAGHETTI SAUCE INDUSTRY
Autores: | Vickner,   Steven S.; Davies,   Stephen P.
Data: | 2003-01-29
Ano: | 1999
Palavras-chave: | Market power; Oligopoly; Pricing conduct; Product differentiation; Marketing.
Resumo: | This paper develops a simultaneous-equations panel data econometric model to obtain point estimates of market power and pricing conduct in a representative product-differentiated, oligopolistic food market.  The importance of this class of markets is recognized given its prevalence in the food and fiber system, especially for final consumer food products.  The $1.3 billion domestic spaghetti sauce industry is featured.  Although the results indicate firms exert limited market power, a portion of this power is derived from tacit price collusion.  A higher degree of price collusion was found among brands within a market segment than between segments.
Tipo: | Journal Article
Idioma: | Inglês

Identificador:

6892

http://purl.umn.edu/15137

Editor: | AgEcon Search
Relação: | Journal of Agricultural and Applied Economics&gt;Volume 31, Number 01, April 1999

Formato:

13

application/pdf