Comparing hypotheses about competition in the food system

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Holloway, G. ORCID: https://orcid.org/0000-0002-2058-4504 and Hertel, T. (1992) Comparing hypotheses about competition in the food system. American Journal of Agricultural Economics, 74 (5). p. 1278. ISSN 0002-9092

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Abstract/Summary

A procedure is presented for comparing hypotheses about competition that makes no parametric assumptions about cost and demand functions, can be implemented with a modicum of data, and relies on Bayesian comparisons of non-nested hypotheses. The methodology is applied to data on five of the major U.S. food industries

Item Type:Article
Refereed:Yes
Divisions:Life Sciences > School of Agriculture, Policy and Development > Department of Agri-Food Economics & Marketing
ID Code:30678
Publisher:Oxford University Press
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