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	Provedor de dados AgEcon (2) Autor Chung, Chanjin (2) Ji, In Bae (2) Palavra-chave Industrial Organization (2) Livestock Production/Industries (2) Market power (2) Marketing (2) NEIO (2) Q13 (2) Agribusiness (1) Agricultural and Food Policy (1) Beef packing industry (1) Captive supply (1) Cattle cycle (1) Concentration (1) Cost efficiency (1) Demand and Price Analysis (1) Industrial concentration (1) L13 (1) L16 (1) Oligopsony (1) Seasonality (1) Mais... Tipo do documento Conference Paper or Presentation (2) Ano 2011 (1) 2010 (1) País United States (2) Idioma Inglês (2)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 2 Primeira ... 1 ... Última Dynamic Assessment of Bertrand Oligopsony in the U.S. Cattle Procurement Market AgEcon Ji, In Bae; Chung, Chanjin. The new empirical industrial organization approach with the Bertrand model is employed to measure the oligopsony market power in the U.S. cattle procurement market. The assumption of price competition (Bertrand model) based on the nature of cattle production such as cattle cycle and seasonality is used and compared to quantity competition (Cournot model). The empirical results show that the oligopsony market power exists in the U.S. cattle procurement market. The cattle cycle and seasonality affect the oligopsony market power and the cattle cycle causes the change of market power. However, concentration has a negative effect on the oligopsony market power. Tipo: Conference Paper or Presentation Palavras-chave: Cattle cycle; Concentration; Market power; NEIO; Oligopsony; Seasonality; Agribusiness; Demand and Price Analysis; Industrial Organization; Livestock Production/Industries; Marketing; Q13; L13; L16. Ano: 2011 URL: http://purl.umn.edu/103558 Dynamic Assessment of Oligopoly, Oligopsony Power, and Cost Efficiency using the New Empirical Industrial Organization in the U.S. Beef Packing Industry AgEcon Ji, In Bae; Chung, Chanjin. In this paper, the new empirical industrial organization approach with a dynamic model is simultaneously employed to measure the degree of oligopoly, oligopsony power, and cost efficiency in the U.S. beef packing industry. The oligopsony power is estimated with two effects: cash cattle procurement market power and captive supply market power. The model is estimated by the Generalized Method of Moments using monthly data from 1990 to 2006. The empirical results reveal the presence of market power in both the beef retail market and the cattle procurement market in the sample period. The captive supply is a source of oligopsony market power, but the effect is considerably small. The oligopsony market power is greater and less stable than oligopoly market... Tipo: Conference Paper or Presentation Palavras-chave: Beef packing industry; Captive supply; Cost efficiency; Industrial concentration; Market power; NEIO; Agricultural and Food Policy; Industrial Organization; Livestock Production/Industries; Marketing; Q13. Ano: 2010 URL: http://purl.umn.edu/61641 Registros recuperados: 2 Primeira ... 1 ... Última

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