MEASURING THE DEGREE OF MARKET POWER AMONG BEEF EXPORTERS TO JAPAN

Sayed H. Saghaian and Michael R. Reed

No 34766, 2004 Annual Meeting, February 14-18, 2004, Tulsa, Oklahoma from Southern Agricultural Economics Association

Abstract: A residual-demand model for beef exporters to Japan is specified to estimate market power. The analysis is disaggregated by beef cut and form. The results indicate U.S. frozen-ribs category enjoys the highest markup of price over marginal cost, while Australia and New Zealand have some market power, which includes five chilled-beef categories.

Keywords: International Relations/Trade (search for similar items in EconPapers)
Date: 2004

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