Degree of Instant Competition! Estimation of Market Power in India’s Instant Coffee MarketSatish Y. Deodhar and
Vivek Pandey
Indian Economic Review, 2008, vol. 43, issue 2, pages 253-264 Abstract: New competition policy seeks to promote competition and increase market efficiency. In fact, degree of price transmission between farmers and final consumers depends on degree of competition in processing sector. Moreover, trade liberalization policy is expected to influence domestic markets. Hence, it becomes imperative to know the degree of competition in various industries. India's instant coffee market is a duopoly of the firms- Nestlé and Hindustan Lever. We econometrically estimate the degree of competition in this market. Results indicate that market is not characterized by collusive behaviour. It is close to perfect competition although we cannot reject the Cournot-Nash behaviour. Keywords: Market Power; Instant Coffee Market; Lerner Index; Conjectural Variations; Competition Policy; India (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: http://EconPapers.repec.org/RePEc:dse:indecr:v:43:y:2008:i:2:p:253-264 Ordering information: This journal article can be ordered from Access Statistics for this article Indian Economic Review is edited by Pami Dua and Sunil Kanwar More articles in Indian Economic Review from Department of Economics, Delhi School of Economics |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
Swedish Business School at Örebro University.