Data/hora: 11/06/2024 11:12:48

Provedor de dados: 	31	
País: 	United States	
Título: 	Die Zyklik der Profite in der Ernährungswirtschaft: Ein internationaler Vergleich

Determinants of price-cost-margins over the business cycle for food industries : An international comparison	
Autores: 	Korner,   Julia; Weiss,   Christoph R.	
Data: 	2011-01-17	
Ano: 	2001	
Palavras-chave: 	Structure-conduct-performance approach; LERNER index; Food industries; Panel data; Germany; Netherlands; USA; Agribusiness; Industrial Organization.	
Resumo: 	Based upon the structure-conduct-performance approach the present paper analyses determinants of price-cost-margins over the business cycle for food industries in Germany, the USA as well as the Netherlands. Controlling for market structure variables, cyclical fluctuations in profitability are interpreted as evidence for changes in firm behaviour. The econometric panel data models reveal procyclic fluctuations of profits in highly concentrated industries in Germany. In contrast, profitability in competitive industries in Germany as well as in all US food industries are found to be more stable over the business cycle. This observation is explicable in terms of a more aggressive behaviour of firms in boom periods. The econometric model does not adequately explain industry differences in profitability in the Netherlands.	
Tipo: 	Journal Article	
Idioma: 	Alemão	
Identificador: 	ISSN 0002-1121

http://purl.umn.edu/98878	
Relação: 	German Journal of Agricultural Economics&gt; Volume 50, Issue 3, 2001	
Formato: 	5