TESTING FOR NONCOMPETITIVE BEHAVIOR IN THE U.S. FOOD INDUSTRY

Ussif, Al-Amin and David K. Lambert

No 20978, 1998 Annual meeting, August 2-5, Salt Lake City, UT from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Market structure is tested in 47 subsectors of the US food industry between 1958-1994. All industries exert market power in at least some of the sample years. Deadweight loss estimates resulting from noncompetitive behavior ranging from over $5 billion in soft drinks to under $1 million in the malt industry.

Keywords: Agribusiness; Marketing (search for similar items in EconPapers)
Date: 1998
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