PRICE AND PROFIT PERFORMANCE OF LEADING FOOD-CHAINS

被引:13
作者
MARION, BW
MUELLER, WF
COTTERILL, RW
GEITHMAN, FE
SCHMELZER, JR
机构
[1] UNIV WISCONSIN,DEPT AGR ECON,MADISON,WI 53706
[2] MICHIGAN STATE UNIV,DEPT AGR ECON,E LANSING,MI 48824
关键词
Competition; Food retailing; Industrial organization; Market structure; Prices;
D O I
10.2307/1239428
中图分类号
F3 [农业经济];
学科分类号
0202 ; 020205 ; 1203 ;
摘要
The net profits and grocery prices of large food chains were found to be positively and significantly related to market concentration and a chain's relative market share. The results refute the notion that higher profits for dominant firms in concentrated markets are due to efficiency and lower costs. Increased profits in noncompetitively structured markets accounted for about one-third of the increase in prices. Higher retailer costs in noncompetitive markets appear to stem from inefficiencies and cost increasing forms of competition. © 1978 by the American Agricultural Economics Association.
引用
收藏
页码:420 / 433
页数:14
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