Market power analysis in the retail food industry: a survey of methods

Larry N. Digal and Fredoun Z. Ahmadi-Esfahani

Australian Journal of Agricultural and Resource Economics, 2002, vol. 46, issue 4, 26

Abstract: The present paper surveys various methods used to analyse market power in the retail food industry. The strengths and weaknesses of these approaches are explored and a review of the issues in using New Empirical Industrial Organization (NEIO) and time-series models is provided. The absence of a theory underlying time-series models is highlighted and a review of some theoretical models in retailing is presented. The impact of imperfect competition in the food processing sector on retailing is also examined. It is argued that a combination of the approaches that minimises the weaknesses and builds on the strengths of single approaches may prove more promising for examining non-competitive behaviour.

Keywords: Agribusiness (search for similar items in EconPapers)
Date: 2002
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Citations: View citations in EconPapers (25)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aareaj:118596

DOI: 10.22004/ag.econ.118596

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