Estimating the Degree of Buyers' Market Power: Evidence from the Ukrainian Meat Processing Industry

This study develops a structural market model for the econometric analysis of buyers’ market power in the Ukrainian meat processing industry, because there is some evidence that suggests that meat processors may excise market power in the agricultural market of slaughtered livestock. The estimation results did not produce any evidence suggesting the existence of buyers’ market power. Contrary to many other NEIO-studies, we extended the market structure market model by the three subsequent models. Using endogenously determined values for market power parameter, we found that meat processors concerning the buyers’ market for slaughtered livestock behave consistently with Cournot conjectures.


Issue Date:
Sep 02 2011
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/114782
Page range:
1-17
Total Pages:
18




 Record created 2017-04-01, last modified 2017-08-22

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