|
|
|
| Registros recuperados: 18 | |
|
|
| Chidmi, Benaissa; Lopez, Rigoberto A.; Cotterill, Ronald W.. |
| This paper applies the BLP approach to the demand for ready-to-eat cereals (RTECs) at the supermarket-chain level in Boston using IRI monthly data. The Random Coefficient Model is used to estimate the demand for 37 brands of RTECs at the leading supermarkets in the Boston area. The empirical results provide a wealth of consumer behavior information, including own- and cross-price elasticites for 37 brands of RTECs at four leading supermarkets in Boston. The demand for RTECs is generally price elastic (ranging between -3 and -8). Consumers respond positively and strongly to promotion, negatively and strongly to price, calories and fiber, and weakly to sugar content. Income has a strong interactive effect with product characteristics and thus is a useful... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Demand and Price Analysis. |
| Ano: 2005 |
URL: http://purl.umn.edu/19236 |
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
| Chidmi, Benaissa; Murova, Olga I.. |
| The Seattle-Tacoma consumers have been paying higher prices for fresh milk than consumers in other Western states of United States. For instance, the retail price for whole milk averaged $3.27/gallon during the period of April 1999- April 2003 in Seattle-Tacoma, while it did not go beyond $2.86/gallon in most of the large metropolitan areas in Western U.S, during the same period (Carman and Sexton, 2006). In addition, retail prices in Seattle-Tacoma do not respond similarly to farm price increases and decreases. Supermarkets are prompt to pass on to consumers any increase in farm price, while they do not pass or lag behind when farm price decreases. The present study attempts to analyze the pricing conduct of supermarket chains in a duopoly setting using a... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Agribusiness; Demand and Price Analysis. |
| Ano: 2008 |
URL: http://purl.umn.edu/6740 |
| |
|
|
| Chidmi, Benaissa; Fadiga, Mohamadou L.. |
| This study analyses the stochastic behavior of price-cost margins (PCMs) in the U.S. meat industry. It, first, develops and estimates a vertical relationship economic model to derive PCMs in the U.S. meat industry (Beef, Pork, and Poultry). Second it analyzes the behavior of PCMs by decomposing them into their seasonal, cyclical, and trend components using the state-space and the Kalman filtering methods. Price-cost margins in the U.S. meat industry are governed by two common trends and two common cycles. The study also found cyclical variability of PCMs is the highest with chicken, secular variability of PCMs is the highest with pork, while seasonal variability of PCMs is the highest with beef. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Price-cost margins; Market channel; Meat industry; State-space Kalman filter; Demand and Price Analysis; Livestock Production/Industries. |
| Ano: 2007 |
URL: http://purl.umn.edu/9745 |
| |
|
| |
|
| |
|
|
| Chidmi, Benaissa; Lopez, Rigoberto A.; Cotterill, Ronald W.. |
| This paper assesses the impacts of the Northeast Dairy Compact (NEDC) and retail oligopoly power on fluid milk prices in Boston. Empirical results reveal that price increases due to oligopoly power outweighed those caused by the NEDC by nearly seven times. In fact, markups are estimated at approximately 25% of the retail milk price, translating into approximately a little less than $0.75/gallon. We also estimated that only around two-thirds of the raw milk price changes were passed forward to consumers. This helps explain why consumer prices have come down only little after elimination of the NEDC. In fact, the new milk income loss contract program, which basically provides partial price subsidies to farmers, has contributed to low raw milk prices that... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Industrial Organization; Livestock Production/Industries. |
| Ano: 2004 |
URL: http://purl.umn.edu/25212 |
| |
|
| |
|
|
| Chidmi, Benaissa. |
| This paper estimates the effect of the price war on the fluid milk demand in the Dallas-Fort Worth market and assesses the supermarket pricing conduct through estimating the price-cost margins of the retailers in selling fluid milk, and how these margins vary with the price war. The findings that supermarket chains in Dallas-Fort Worth market exercise market power and that demand for mil is insensitive to price changes. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Demand and Price Analysis. |
| Ano: 2007 |
URL: http://purl.umn.edu/34961 |
| |
|
| |
|
|
| Chidmi, Benaissa; Lopez, Rigoberto A.. |
| The increasing importance of services in industrialized economies is reflected in the relative importance of service in product offerings at the retail level. Yet, typical economic studies account only for physical product attributes in models of product differentiation even when conducted with retail data. In U.S. food retailing, the issue is very important as raw farm products account for only 19% of every dollar the consumer pays for food, most of the remaining going to services that do not transform the product but that add consumer utility and cost. In this paper, we examine this issue using the case of breakfast cereals in Boston in the context of upscale retail services provided by supermarkets. Focusing on ready-to-eat cereals (RTECs) allows us to... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Agribusiness; Marketing. |
| Ano: 2007 |
URL: http://purl.umn.edu/6579 |
| |
|
|
| Chidmi, Benaissa; Lopez, Rigoberto A.; Cotterill, Ronald W.. |
| The purpose of this paper is to examine the vertical relationship between the manufacturers of ready-to-eat cereals (RTEC) and the retailers in the Boston area. The study uses highly disaggregated (supermarket and brand level ) monthly data from Information Resources Inc (IRI) from 1995 to 1997.The Logit model is used to estimate the demand for 37 brands of RTEC in the top four supermarkets in the Boston area. The demand estimates are then used to compute the price-cost margins (PCM) for retailers and manufacturers under different vertical scenarios, including vertical Nash double marginalization, non-linear pricing, vertical integration, and collusion. The results of the study shed light on the power each agent (manufacturers and retailers) has to set the... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Marketing. |
| Ano: 2004 |
URL: http://purl.umn.edu/19916 |
| |
| Registros recuperados: 18 | |
|
|
|
