Horizontal Consolidation in the U.S. Food Processing Industry: Boon or Bane?

This study measured the effect of increased concentration on industry market power and cost efficiency, using a bilateral oligopoly model. Cost efficiency gains dominate market power effects from increase in industry concentration. This result is consistent with previous finding that consolidation in the U.S. beef industry is efficiency driven.


Subject(s):
Issue Date:
2005
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/35497
Total Pages:
10
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-08-25

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