MEASURING MARKET POWER IN MULTIPRODUCT OLIGOPOLIES - THE UNITED-STATES MEAT INDUSTRY

被引：54

作者：

SCHROETER, J ^{[1
]}

AZZAM, A ^{[1
]}

机构：

[1] UNIV NEBRASKA,DEPT AGR ECON,LINCOLN,NE 68588

来源：

APPLIED ECONOMICS | 1990年 / 22卷 / 10期

关键词：

D O I：

10.1080/00036849000000107

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper develops and estimates an economic model for measuring market power in a quantity-setting oligopoly engaged in the joint production of demand-related goods. The model, which allows for firms’ conjectures about both same and cross-market responses to own output variation, is applied to the US meat (beef and pork) industry. The hypothesis that the industry's equilibrium reflects price taking behaviour is rejected. The hypothesis of no cross effects cannot be rejected. Roughly, half of the farm-to-retail price spreads for beef and pork appear to be attributable to market power. © 1990, Taylor & Francis Group, LLC. All rights reserved.

引用

页码：1365 / 1376

页数：12

共 25 条

[1]

[Anonymous], MONTHL EN REV

[2] THE ESTIMATION OF THE DEGREE OF OLIGOPOLY POWER [J].