IS PRICING ABOVE MARGINAL COST AN INDICATION OF MARKET POWER IN THE U.S. MEATPACKING INDUSTRY?

There have been concerns about the increasing concentration in the meat packing industry. But this increased concentration may be due to various types of cost economies. In this paper we prove the existence of scale economies that might justify the increased consolidation in the industry.


Issue Date:
2005
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/19218
Total Pages:
22
Series Statement:
Selected Paper 137155




 Record created 2017-04-01, last modified 2017-04-26

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