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| Registros recuperados: 13 | |
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| Vickner, Steven S.; Davies, Stephen P.; Fulton, Joan R.; Vantreese, Valerie L.. |
| This paper develops two brand-level demand models, where prices are treated as endogenous, to estimate unilateral market power in a representative product-differentiated oligopolistic food market. The results are estimated using point-of-purchase scanner data and are used to quantify the impact of a private-label brand on the economic performance of national brands. Specifically, our study calculates demand parameter estimates and returns to retailer vertical coordination for the frozen vegetable marketthe third largest private-label food and beverage category in the United States, after ice cream and carbonated beverages. Consistent with broader industry trends, empirical evidence suggests that the private-label brand maintained a slight competitive... |
| Tipo: Journal Article |
Palavras-chave: Agribusiness. |
| Ano: 2000 |
URL: http://purl.umn.edu/27755 |
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| Vickner, Steven S.; Davies, Stephen P.. |
| This paper develops a simultaneous-equations panel data econometric model to obtain point estimates of market power and pricing conduct in a representative product-differentiated, oligopolistic food market. The importance of this class of markets is recognized given its prevalence in the food and fiber system, especially for final consumer food products. The $1.3 billion domestic spaghetti sauce industry is featured. Although the results indicate firms exert limited market power, a portion of this power is derived from tacit price collusion. A higher degree of price collusion was found among brands within a market segment than between segments. |
| Tipo: Journal Article |
Palavras-chave: Market power; Oligopoly; Pricing conduct; Product differentiation; Marketing. |
| Ano: 1999 |
URL: http://purl.umn.edu/15137 |
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| Marks, Leonie A.; Kalaitzandonakes, Nicholas G.; Vickner, Steven S.. |
| In 1998 the European Union placed a moratorium on the planting of transgenic crops within its borders. The resulting ban on biotech crops has led to the current trans-Atlantic trade dispute between the United States and the EU. At the heart of this dispute is the issue of consumer acceptance. The EU’s current position is predicated on perceived public concerns about biotech foods which found a voice in numerous opinion polls conducted during the late 1990s (e.g., European Commission, 1997, 2000). Such concerns have also been amplified by intense media coverage and resulting political activism. Given the pivotal role that consumer opinion has played in recent EU policy, an understanding of how consumers value biotech foods is critical to informed... |
| Tipo: Journal Article |
Palavras-chave: Agricultural and Food Policy; Consumer/Household Economics; Research Methods/ Statistical Methods. |
| Ano: 2003 |
URL: http://purl.umn.edu/45731 |
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| Marchant, Mary A.; Saghaian, Sayed H.; Vickner, Steven S.. |
| This research examines the relationship between U.S. foreign direct investment (FDI) and exports of processed foods to China and identifies management strategies to enhance U.S. competitiveness. Two-stage least-squares empirical econometric results from a simultaneous equation system indicate that there exists a strong complementary relationship between U.S exports and FDI into China. Therefore, the appropriate managerial strategy to access Chinese processed foods markets is to increase overall business activity, both FDI and exports into China. |
| Tipo: Journal Article |
Palavras-chave: Agribusiness; International Relations/Trade. |
| Ano: 1999 |
URL: http://purl.umn.edu/34207 |
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| Vickner, Steven S.; Koch, Stephen I.. |
| Building on the 1997 work of Chezum and Wimmer, and the 1998 work of Lansford, Freeman, Topliff, and Walker, we estimated a hedonic hammer price model on a random and representative sample of 212 yearlings from the 1999 Keeneland September Yearling Sale. Explanatory variables representing day of sale, age of yearling, stud fee, racing performance of sire and dam, geographic origin of yearling, and yearling health information were statistically significant. In each model, we failed to reject the null hypothesis of no adverse selection; sellers who breed and race horses did not receive a statistically significant price penalty on their yearlings sold in this auction, compared to sellers who just breed horses. |
| Tipo: Journal Article |
Palavras-chave: Agribusiness; Equine; Hedonic pricing; Information; Price discovery; Thoroughbred yearlings; Livestock Production/Industries. |
| Ano: 2001 |
URL: http://purl.umn.edu/14693 |
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| Registros recuperados: 13 | |
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