Market Power in the Poultry Sector in Turkey
Gokhan Ozertan,
Sayed Saghaian and
Hasan Tekgüç
No 2014-01, Working Papers from Mardin Artuklu Univeristy, Department of Economics
Abstract:
In 2009, the Competition Authority (CA) in Turkey penalized 27 broiler chicken producers for agreeing to restrict supply and controlling prices, hence, forming a cartel. The CA based its punishment decision on communication records among major broiler chicken producers, using raw price series and without any statistical or econometric analysis. In this research, time-series methods are employed to test directly for the presence of market power along the supply chain in the poultry sector for both demand and supply sides. The findings show that the retail price behavior in the poultry supply chain in Turkey is consistent with an oligopolistic market structure. Classification JEL: Q11, Q13
Keywords: Market power; poultry; Turkey (search for similar items in EconPapers)
Pages: 14 pages
Date: 2014-04
New Economics Papers: this item is included in nep-agr, nep-ara, nep-com and nep-cwa
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Citations: View citations in EconPapers (4)
Published (Boğaziçi Journal, Review of Social, Economics and Administrative Sciences (2014), Volume 28(2): 19-32)
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Persistent link: https://EconPapers.repec.org/RePEc:mrd:martwp:2014-01
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