Market power analysis in the retail food industry: a survey of methods

The present paper surveys various methods used to analyse market power in the retail food industry. The strengths and weaknesses of these approaches are explored and a review of the issues in using New Empirical Industrial Organization (NEIO) and time-series models is provided. The absence of a theory underlying time-series models is highlighted and a review of some theoretical models in retailing is presented. The impact of imperfect competition in the food processing sector on retailing is also examined. It is argued that a combination of the approaches that minimises the weaknesses and builds on the strengths of single approaches may prove more promising for examining non-competitive behaviour.


Subject(s):
Issue Date:
2002
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/118596
Published in:
Australian Journal of Agricultural and Resource Economics, Volume 46, Issue 4
Page range:
559-584
Total Pages:
26




 Record created 2017-04-01, last modified 2017-04-24

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)