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Comparing hypotheses about competition in the food system

Holloway, G. 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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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
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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