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Market power and its effects on equilibrium in the food system

Holloway, G. and Hertel, T. (1989) Market power and its effects on equilibrium in the food system. American Journal of Agricultural Economics, 71 (5). p. 1359. ISSN 0002-9092

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Abstract/Summary

When food processors have conjectures about rival firms' responses, their profit functions can be used to estimate the degree of market power in the food system. The effects of this power are investigated analytically and through applying the results to the U.S. pork sector

Item Type:Article
Refereed:Yes
Divisions:Faculty of Life Sciences > School of Agriculture, Policy and Development > Economic and Social Sciences Division > Food Economics and Marketing (FEM)
ID Code:30676
Publisher:Oxford University Press

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