EconPapers    
Economics at your fingertips  
 

How can differences in German raw milk prices be explained? An empirical investigation of market power asymmetries

Yvonne Zavelberg, Christine Wieck and Thomas Heckelei

No 205489, 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California from Agricultural and Applied Economics Association

Abstract: Addressing the increasing concentration of dairy processors in Germany, this paper investigates imperfect competition on the German raw milk market. Using a panel data set of dairy processors’ price and processing data and related market information for the years 2001-2012, the conjectural variation approach allows analyzing market power of dairy processors towards raw milk producers. The paper contributes to the literature by providing an empirical up to date analysis of imperfect competition across and regions in Germany. The estimation results indicate an oligopsonistic market structure in Germany.

Keywords: Agribusiness; Agricultural and Food Policy; Demand and Price Analysis; Industrial Organization (search for similar items in EconPapers)
Pages: 16
Date: 2015
New Economics Papers: this item is included in nep-com and nep-eur
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://ageconsearch.umn.edu/record/205489/files/Paper_zavelberg.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea15:205489

DOI: 10.22004/ag.econ.205489

Access Statistics for this paper

More papers in 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().

 
Page updated 2025-03-30
Handle: RePEc:ags:aaea15:205489