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Information on sellers and buyers characteristics: added value to explain price formation at primary fish markets in managed French scallop fisheries ArchiMer
Lesur-irichabeau, Gabrielle; Guyader, Olivier; Fresard, Marjolaine; Leroy, C.; Latouche, K.; Le Grel, L..
The aim of this article is to explore, through a hedonic approach, the factors that might explain the price variability for the French-managed fishery of scallop at primary fish markets. In addition to factors classically identified in the current literature like intrinsic product characteristics or markets situation, the characteristics of operators are tested. The relationships of loyalty between sellers and buyers, and market assiduity are notably considered.
Tipo: Text Palavras-chave: Buyer and seller characteristics; Fisheries management; Hedonic price; Market behaviour; Market structure; Scallop; Q21; Q22; Q28; C10; L11.
Ano: 2016 URL: http://archimer.ifremer.fr/doc/00301/41252/40442.pdf
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Research Investments and Market Structure in the Food Processing, Agricultural Input, and Biofuel Industries Worldwide AgEcon
Fuglie, Keith O.; Heisey, Paul W.; King, John L.; Day-Rubenstein, Kelly A.; Schimmelpfennig, David E.; Wang, Sun Ling.
Meeting growing global demand for food, fiber, and biofuel requires robust investment in agricultural research and development (R&D) from both public and private sectors. This study examines global R&D spending by private industry in seven agricultural input sectors, food manufacturing, and biofuel and describes the changing structure of these industries. In 2007 (the latest year for which comprehensive estimates are available), the private sector spent $19.7 billion on food and agricultural research (56 percent in food manufacturing and 44 percent in agricultural input sectors) and accounted for about half of total public and private spending on food and agricultural R&D in high-income countries. In R&D related to biofuel, annual...
Tipo: Technical Report Palavras-chave: Agricultural biotechnology; Agricultural chemicals; Agricultural inputs; Animal breeding; Animal health; Animal nutrition; Aquaculture; Biofuel; Concentration ratio; Crop breeding; Crop protection; Farm machinery; Fertilizers; Herfindahl index; Globalization; Market share; Market structure; Research intensity; Seed improvement; Productivity Analysis.
Ano: 2011 URL: http://purl.umn.edu/120324
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Price Transmission in Serbian Milk Commodity Chain AgEcon
Popovic, Rade; Radovanov, Boris.
Paper presented at Challenges for Analysis of the Economy, the Businesses and Social Progress International Scientific Conference, Szeged, Hungary, November 19-21, 2009
Tipo: Conference Paper or Presentation Palavras-chave: Price transmission; Milk and milk products; Milk supply chain; Market structure; Agribusiness; Demand and Price Analysis; Livestock Production/Industries.
Ano: 2010 URL: http://purl.umn.edu/101804
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POLICY ANALYSIS IN AN IMPERFECTLY COMPETITIVE MARKET: A CONJECTURAL VARIATIONS MODEL FOR THE FOOD MANUFACTURING INDUSTRY AgEcon
Maier, Leopold.
The effects of government policies are analyzed in a conjectural variations model of U.S. food manufacturing. The policy elasticities of the perfectly competitive model are valid predictors of policy effects irrespective of the type of oligopoly. Changes in the degree of competition may alter the magnitude of the policy elasticities. Keywords: firm behavior, market structure, imperfect competition, conjectural variations model, policy analysis, food manufacturing
Tipo: Working or Discussion Paper Palavras-chave: Firm behavior; Market structure; Imperfect competition; Conjectural variations model; Policy analysis; Food manufacturing; Agribusiness; Research Methods/ Statistical Methods.
Ano: 1990 URL: http://purl.umn.edu/6878
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MARKET COMPETITION AND METROPOLITAN-AREA GROCERY PRICES AgEcon
Binkley, James K.; Connor, John M..
This paper examines the relationship of 1987 retail grocery prices to supermarket sales concentration across 95 U.S. metropolitan areas. The regression model incorporates a large number of population, retail-cost, and retail competition factors and separate prices by type of grocery item. We find that the concentration-price relationship is sensitive to item type: positive for packaged, branded, dry groceries and unrelated for produce, meat, and dairy product prices. As for market rivalry, we find that small grocery stores provide no grocery price competition for supermarkets. However, branded grocery prices are driven down by fast-food places and by rapid price churning, whereas for unbranded foods the presence of warehouse stores places downward...
Tipo: Working or Discussion Paper Palavras-chave: Retail grocery trade; Pricing policy; Variable price merchandising; Market competition; Category management; Market structure; Sales concentration; Price discrimination; Price rivalry; Oligopoly; Food demand; Food prices; Consumer/Household Economics.
Ano: 1996 URL: http://purl.umn.edu/25988
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Product Differentiation on the Polish Pig Meat Market AgEcon
Pieniadz, Agata; Hockmann, Heinrich.
This study deals with horizontal product differentiation in the Polish pig meat market. Hypothesis among firms behaviour are derived from an illustrative model and tested in an empirical analysis using data from 1991-1998. The empirical analysis suggest that product differentiation is a relevant phenomenon in the polish pig meat markets. In addition we found that costs and competitions are important factors influencing price variation. However, further influences like price discrimination and vertical product differentiation are also important determinants for product price variations.
Tipo: Conference Paper or Presentation Palavras-chave: Pricing; Market structure; Product quality; Marketing.
Ano: 2002 URL: http://purl.umn.edu/24959
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Changes and Actual State of Mongolian Meat Market and Distribution System: A Case Study of Ulaanbaatar City's "Khuchit Shonhor" Food Market AgEcon
Maytsetseg, Baljinnyam; Riichiro, Iizawa.
With changes in the consumption pattern of meat, increases in urban population and underdeveloped distribution system after the collapse of the planned economy, there are increasing problems in meat supply and distribution in Mongolia, particularly in the capital city Ulaanbaatar. This paper examines the stages of meat distribution focusing on Khuchit Shonhor food market. Two types of informal wholesalers are identified; wholesalers who buy meat from nomads and transport it to the market in Ulaanbaatar, and wholesalers in the market who buy this meat and sell it to retailers operating within the market. It is assumed that the later wholesaler type has a stronger influence in price setting.
Tipo: Conference Paper or Presentation Palavras-chave: Mongolia; Meat market; Market structure; Meat distribution; Prices; Livestock Production/Industries; D3; D4; Q13.
Ano: 2006 URL: http://purl.umn.edu/25528
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Market Concentration of the Processed Food in Korea AgEcon
Kim, Sounghun.
In Korea, processed food markets have various shapes of structure: the markets of ice cream, special dietary food, noodles, sugar are highly concentrated, while the markets of gimchi, pickles, and ice are not very concentrated. The level of market concentration changes over time. These market structures and structural changes cause impacts on related industries as well as own industries. For the more successful policies, the paper suggests three ideas: to realize that each food processing industry has a different industry structure, to understand the relationship between the food processing industry and upstream and downstream industries and to take into account opinions from various sources before adopting new policies.
Tipo: Journal Article Palavras-chave: Processed food market; Food processing industry; Market structure; Market concentration; CR4; CR10; Monopoly; Oligopoly; Korea; Korean; Agribusiness; Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety.
Ano: 2008 URL: http://purl.umn.edu/45682
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Seed Cotton Market Structure and Cotton Sector Performance: Many Lessons but No Fixed Prescriptions AgEcon
Kelly, Valerie A.; Tschirley, David L..
Produced for review by the United States Agency for International Development under the WACIP project funded by USAID (Programme de Renforcement du Secteur Coton en Afrique de l'Ouest et du Centre
Tipo: Report Palavras-chave: Cotton; Seed; Market structure; Africa; Crop Production/Industries; Q13.
Ano: 2008 URL: http://purl.umn.edu/55360
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An Econometric Analysis of Brand Level Strategic Pricing Between Coca Cola and Pepsi Inc. AgEcon
Dhar, Tirtha Pratim; Chavas, Jean-Paul; Cotterill, Ronald W.; Gould, Brian W..
Market structure and strategic pricing for leading brands sold by Coca Cola and Pepsi Inc. are investigated in the context of a flexible demand specification and structural price equations. This approach is more general than prior studies that rely upon linear approximations and interactions of an inherently nonlinear problem. We test for Bertrand equilibrium, Stackelberg equilibrium, collusion, and a general conjectural variation (CV) specification. This nonlinear Full Information Maximum Likelihood (FIML) estimation approach provides useful information on the nature of imperfect competition and the extent of market power.
Tipo: Working or Discussion Paper Palavras-chave: Market structure; Strategic pricing; Conjectural variations; Price reaction; Carbonated soft drinks; Demand and Price Analysis.
Ano: 2002 URL: http://purl.umn.edu/25231
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Assessing Competition in the U.S. Beef Packing Industry AgEcon
Ward, Clement E..
Tipo: Journal Article Palavras-chave: Beef; Cattle; Competition; Concentration; Market structure; Meatpacking; Pricing; Agribusiness; Livestock Production/Industries; L13; Q13.
Ano: 2010 URL: http://purl.umn.edu/94758
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Supply Chain Issues in China’s Milk Adulteration Incident AgEcon
Gale, H. Frederick, Jr.; Hu, Dinghuan.
China’s melamine milk adulteration crisis highlights the challenges that arise as large well-capitalized companies procure raw materials from a diffused supply chain of scattered small farmers and milk collection stations. As milk prices climbed sharply in 2007 and companies branched out into new territories, intense competition for raw milk supplies strengthened incentives to water down and adulterate milk. Effective food safety measures must account for incentives, the distribution of market power in the supply chain and market dynamics.
Tipo: Conference Paper or Presentation Palavras-chave: China; Milk; Dairy industry; Food safety; Adulteration; Market structure; Supply chain; Agribusiness; Food Consumption/Nutrition/Food Safety; Industrial Organization; Livestock Production/Industries.
Ano: 2009 URL: http://purl.umn.edu/51613
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TARIFF RATE IMPORT QUOTAS, DOMESTIC MARKET STRUCTURE AND AGRICULTURAL SUPPORT PROGRAM: THE CASE OF TAIWANESE RICE IMPORT AgEcon
Chang, Hung-Hao; de Gorter, Harry.
After joining the WTO in 2002, Taiwan allowed rice imports for the first time by implementing an import quota subject to a special safeguard tariff. In 2003, the import quota was expanded to a two-tier tariff rate import quota system. Although Taiwan maintained land set-asides and domestic support prices for producer sales to the State Trading Enterprise, the latter was limited to importing only 65 percent of the import quota with the rest sold to private traders. This sudden transformation of the Taiwanese import regime and rice market along with the government proposal for a "strategic alliance" amongst traders highlights the importance of studying the effects of policy reforms in the framework of imperfect domestic market structure. The purpose of...
Tipo: Conference Paper or Presentation Palavras-chave: Tariff rate quota; Strategic alliance; Domestic support; Market structure; Agricultural and Food Policy; International Relations/Trade; Q17; Q18.
Ano: 2004 URL: http://purl.umn.edu/36274
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Structure des marchés du coton graine et performance du secteur coton : Plusieurs leçons mais pas de prescription de recommandations AgEcon
Kelly, Valerie A.; Tschirley, David L..
Produced for review by the United States Agency for International Development under the WACIP project funded by USAID (Programme de Renforcement du Secteur Coton en Afrique de l'Ouest et du Centre
Tipo: Report Palavras-chave: Africa; Cotton; Seed; Market structure; Crop Production/Industries; Q13.
Ano: 2008 URL: http://purl.umn.edu/55361
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Economic Value of Information: Wheat Protein Measurement AgEcon
Miao, Ruiqing; Hennessy, David A..
In this paper we study U.S. wheat farmers’ willingness to pay for near infrared (NIR) sensor that can segregates wheat grains according to their protein concentration. We first develop a microeconomic optimization model of wheat farmers’ segregating and commingling decisions. Then we use U.S. wheat prices and stocks to estimate a wheat protein stock demand system. This allows us to establish the effects of changes in the protein profile of wheat stocks on protein premiums. The paper’s simulation section combines the results from the microeconomic optimization model and from the econometric estimations to simulate wheat farmers’ WTP for the sorting technology. Preliminary findings from the simulation show that a typical hard red winter (hard red spring)...
Tipo: Conference Paper or Presentation Palavras-chave: Information; Economic value; Wheat; Protein; Market structure; Crop Production/Industries; Production Economics; Q12; Q16; D81.
Ano: 2011 URL: http://purl.umn.edu/103974
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Quality and Competition: An Empirical Analysis across Industries AgEcon
Crespi, John M.; Marette, Stephan.
This paper empirically explores the link between quality and concentration in a cross-section of manufactured goods. Using concentration data and product quality indicators, an ordered probit estimation explores the impact of concentration on quality that is defined as an index of quality characteristics. The results demonstrate that market concentration and quality are positively correlated across different industries. When industry concentration increases, the likelihood of the product being higher quality increases and the likelihood of observing a lower quality decreases.
Tipo: Working or Discussion Paper Palavras-chave: Concentration; Market structure; Ordered probit; Product differentiation; Product quality; Industrial Organization.
Ano: 2006 URL: http://purl.umn.edu/18426
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Economics, Ecology and GMOs: Sustainability, Precaution and Related Issues AgEcon
Tisdell, Clement A..
Ecological, evolutionary and economic issues involved in introducing genetically modified organisms (GMOs), mainly in agriculture, are discussed. The ecological and evolutionary impacts identified hamper (economic) valuation of GMOs and their biosafety regulation and creates difficulties for planning for sustainable development. Assessment of the desirability of releasing GMOs is difficult because of lack of communal agreement about the risks involved, about how much precaution should be exercised given collective risks, and disagreement on the appropriate social criterion to apply. Changes in legal liability are not always economic and cannot eliminate the social conflict generated by GMOs. The economics of developing and marketing GMOs is explored,...
Tipo: Working Paper Palavras-chave: Biodiversity; Biosafety; Genetically modified organisms; GMOs; Intellectual property rights; Market structure; Sustainable development; Agricultural and Food Policy; Crop Production/Industries; Environmental Economics and Policy; Food Consumption/Nutrition/Food Safety.
Ano: 2011 URL: http://purl.umn.edu/122726
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Estimation of Asymmetric Price Adjustment in the U.S. Soybean Trade Using Rolling TAR: The Relation with Market Structure AgEcon
Nakajima, Toru.
The threshold autoregressive (TAR) model by Enders and Granger (1998) and Enders and Siklos (2001) is a popular econometric model that estimates asymmetric price transmission (APT) with non-stationary time series data. However, empirical studies have not considered much the arbitrariness of sample period selection and possible temporal variation of parameters or asymmetry. The purpose of this study is to estimate the APT from the U.S. domestic soybean prices to the export prices using the TAR model, and to trace the changes of APT using rolling woindow methodology of TAR. Another purpose is to analyze the relation between the APT and the market structure in the world soybean trade. The hypothesis is that the APT was positive, which means that the U.S....
Tipo: Conference Paper or Presentation Palavras-chave: Asymmetric price transmission; TAR model; Rolling window; U.S. soybeans; Market structure; Demand and Price Analysis; Industrial Organization; International Relations/Trade; Marketing; Research Methods/ Statistical Methods.
Ano: 2011 URL: http://purl.umn.edu/103403
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Which Broiler Part is the Best Part? AgEcon
Goodwin, Harold L., Jr.; McKenzie, Andrew M.; Djunaidi, Harjanto.
Predominance of production and marketing contracts in the broiler industry suggests a traditional analysis of price relationships might no longer be appropriate. In this study, markets for broiler cuts are defined as spatial. Results of a vector autoregressive regression analysis of monthly USDA data from 1987 to 2000 verify the price relationship between white meat and whole broiler prices. Price shocks in the boneless skinless breast market have a greater effect than dark meat shocks, suggesting this market is most important in price transmission. These results will assist industry participants to form more effective marketing and pricing strategies, thus adding efficiency to the market.
Tipo: Journal Article Palavras-chave: Broiler markets; Market structure; Marketing contracts; Price transmission; C4; D4; L1; Q0.
Ano: 2003 URL: http://purl.umn.edu/43151
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THE EFFECTS OF THE MICRO-MARKET STRUCTURE ON ILLINOIS ELEVATOR SPATIAL CORN PRICE DIFFERENTIALS AgEcon
Wenzel, Benjamin P.; Hill, Lowell D.; Garcia, Philip.
Corn price differentials among Illinois elevators can often exceed transportation costs. Using primary data, we examine the effects of micro-market structure variables on the differentials in bids prices offered by Illinois elevators. Our findings suggest the existence of a highly developed, responsive market of competing firms, operating in an industry that can be characterized by monopsonistic competition, and to some extent by seasonally induced market power. Local supply conditions, firm productive efficiency, and their operating practices influence price differentials. Further, firm type, final market destination of the grain, and period of the marketing year affect price differentials.
Tipo: Conference Paper or Presentation Palavras-chave: Market structure; Corn price differentials; Marketing.
Ano: 2000 URL: http://purl.umn.edu/18927
Registros recuperados: 53
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