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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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Niches and Economic Competition: Implications for Economic Efficiency, Growth and Diversity AgEcon
Tisdell, Clement A.; Seidl, Irmi.
Tipo: Working or Discussion Paper Palavras-chave: Diversity of commodities; Entry barriers; Globalisation; Market competition; Niches; International Relations/Trade; F020; L000; O300.
Ano: 2001 URL: http://purl.umn.edu/90508
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