Data/hora: 11/06/2024 07:03:17

Provedor de dados: | 31
País: | United States
Título: | The Effects of Vertical Organization on the Pricing of Differentiated Products
Autores: | Shi,   Guanming; Chavas,   Jean-Paul.
Data: | 2011-12-21
Ano: | 2011
Palavras-chave: | Biotechnology; Imperfect competition; Pricing; Seed; Soybean; Vertical structures; Demand and Price Analysis; Industrial Organization.
Resumo: | We investigate differentiated product pricing and the effects of vertical organization under imperfect competition. We rely on vertical measures of concentration (termed VHHI) to study how the exercise of market power varies with substitution/complementarity relationships among products and vertical structures. This approach is applied to U.S. soybean seed pricing under vertical integration versus licensing. We find evidence that vertical organization affects seed prices, with an impact ranging from 1.87% to 13.6% of the mean price. These effects vary by institutional setup.We also find that complementarity can mitigate price enhancements associated with market concentration.
Tipo: | Article
Idioma: | Inglês
Identificador: | http://purl.umn.edu/119157
Relação: | Journal of Agricultural and Resource Economics&gt;Volume 36, Number 3, December 2011
Formato: | 17