Data/hora: 02/06/2024 10:52:34

Provedor de dados: | 31
País: | United States
Título: | Integrating Marginal Cost into Pricing-to-market Models for U.S. Agricultural Products
Autores: | Saghaian,   Sayed H.; Reed,   Michael R.
Data: | 2004-07-04
Ano: | 2004
Palavras-chave: | Demand and Price Analysis; International Relations/Trade.
Resumo: | This article investigates the markup pricing behaviour of U.S. exporters of agricultural products. Agricultural products studied are feed, flour, frozen potatoes, frozen orange juice, five categories of beef, five categories of pork, and two categories of chicken. The popular pricing-to-market (PTM) approach of Krugman (1987) is used to examine market power and imperfect competition for the markets under study. The PTM model can directly investigate whether there is any evidence of market power in international trade.The sensitivity of U.S. export prices to exchange rate fluctuations may indicate price discrimination and imperfect competition in the international markets. The PTM approach is popular because of its relatively simple specification and empirical testing.
Tipo: | Journal Article
Idioma: | Inglês
Identificador: | http://purl.umn.edu/45984

Relação:

CAFRI: Current Agriculture, Food and Resource Issues&gt;Number 05, 2004

Number 5

2004

Formato: | 17