A DYNAMIC SIMULTANEOUS MODEL OF MARKET STRUCTURE AND PERFORMANCE IN FOOD INDUSTRIES
Emilio Pagoulatos and
J. Scott Schkwiler
No 279163, 1982 Annual Meeting, August 1-4, Logan, Utah from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Abstract:
This paper investigates the simultaneous and dynamic nature of the relationship between structure, conduct, and performance (S-C-P) with particular reference to the U.S. food and tobacco processing sector. The empirical results confirm the essentially simultaneous nature of the S-C-P system. Profit margins and advertising intensity interact within a simultaneous framework while concentration evolves slowly over time without responding much to the current economic environment.
Keywords: Food Security and Poverty; Marketing (search for similar items in EconPapers)
Pages: 15
Date: 1982-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea82:279163
DOI: 10.22004/ag.econ.279163
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