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Empirical evidence on the role of non linear wholesale pricing and vertical restraints on cost pass-through AgEcon
Bonnet, Céline; Dubois, Pierre; Villas-Boas, Sofia Berto.
How a cost shock is passed through into final consumer prices may relate to nominal price stickiness and rigidities, the existence of non adjustable cost components, strategic mark-up adjustments, or other contract terms along the supply distribution chain. This paper presents a simple framework to assess the potential role of non linear pricing contracts and vertical restraints such as resale price maintenance or wholesale price discrimination in the supply chain in explaining the degree of pass-through from upstream cost shocks in the ground coffee category to downstream retail prices. We do so in the German coffee market where both upstream and downstream firms make pricing decisions allowing for non linear pricing and vertical restraints. Using...
Tipo: Working Paper Palavras-chave: Non Linear Pricing; Multiple Manufacturers and Retailers; Ground Coffee; Pass-Through; Resale Price Maintenance; Wholesale Price Discrimination; Consumer/Household Economics; C13; L13; L41.
Ano: 2009 URL: http://purl.umn.edu/120534
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Consumer, Manufacturer and Retailer Responses to Health Price Policies: the example of EU Sugar Price Reform on the Soft Drink Market AgEcon
Bonnet, Céline; Requillart, Vincent.
Healthier food diet is likely to prevent numerous non communicable diseases. Then there is a growing interest in evaluating the impact of food price taxation on food consumption. However, strategic reactions of both manufacturers and retailers are missing in empirical analyses. Rather, passive pricing is assumed. Ignoring strategic pricing might lead to under-estimate or over-estimate the impact of food taxation. Based on the example of the soft drink industry, we analyse the bias which is introduced when assuming passive pricing. Using structural econometric model, we first estimate models of vertical relationships between the beverage industry and the retail industry. After selecting the ’best’ model of vertical relationships, we then simulate different...
Tipo: Conference Paper or Presentation Palavras-chave: Vertical contracts; Two part tariffs; Competition; Manufacturers; Private labels; Retailers; Differentiated products; Soft drinks; Non nested tests; Sugar CMO; Passthrough; Food Consumption/Nutrition/Food Safety; Health Economics and Policy.
Ano: 2011 URL: http://purl.umn.edu/108788
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IS THE EU SUGAR POLICY REFORM LIKELY TO INCREASE OBESITY? AgEcon
Bonnet, Céline; Requillart, Vincent.
National Health authorities recommend a decrease in the consumption of ’added’ sugar. At the same moment, a reform of the Common Organisation of the Sugar Market will lead to a decrease by more than 30% of the sugar price in the EU. Using the example of the soft drink industry, this paper investigates the impact of that reform on the consumption of sugar sweetened beverages. Because the soft drink industry as well as the retail industry are both highly concentrated, using structural econometrics model, we first estimate models of vertical relationships between the beverage industry and the retail industry. After selecting the ’best’ model of vertical relationships, we then simulate the impact of the decrease in sugar price on prices and consumption for...
Tipo: Conference Paper or Presentation Palavras-chave: Vertical contracts; Two part tariffs; Competition; Manufacturers; Private labels; Retailers; Differentiated products; Soft drinks; Non nested tests; Sugar CMO; Passthrough; Agricultural and Food Policy; Consumer/Household Economics; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; Health Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/116414
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Two-Part Tariffs versus Linear Pricing Between Manufacturers and Retailers: Empirical Tests on Differentiated Products Markets AgEcon
Bonnet, Céline; Dubois, Pierre; Simioni, Michel.
We present a methodology allowing to introduce manufacturers and retailers vertical contracting in their pricing strategies on a differentiated product market. We consider in particular two types of non linear pricing relationships, one where resale price maintenance is used with two part tariffs contracts and one where no resale price maintenance is allowed in two part tariffs contracts. Our contribution allows to recover price-cost margins from estimates of demand parameters both under linear pricing models and two part tariffs. The methodology allows then to test between different hypothesis on the contracting and pricing relationships between manufacturers and retailers in the supermarket industry using exogenous variables supposed to shift the...
Tipo: Conference Paper or Presentation Palavras-chave: Vertical contracts; Two part tariffs; Double marginalization; Collusion; Competition; Manufacturers; Retailers; Differentiated products; Water; Non nested tests; Industrial Organization; L13; L81; C12; C33.
Ano: 2006 URL: http://purl.umn.edu/25685
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An Analysis of Taste Variety within Households on Soft Drinks AgEcon
Bonnet, Céline; de Mouzon, Olivier.
Tipo: Conference Paper or Presentation Palavras-chave: Food Consumption/Nutrition/Food Safety.
Ano: 2011 URL: http://purl.umn.edu/114261
Registros recuperados: 5
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