Some Consequences of Bilateral Oligopoly and Vertical Integration in Bread Markets

Richard G. Walsh, Bert M. Evans and Eleanor M. Birch

American Journal of Agricultural Economics, 1964, vol. 46, issue 1, 161-172

Abstract: This paper explores the relationship between changes in market structure and changes in market conduct and performance. It presents evidence as to whether grocery chains have through direct and indirect competition, improved the performance of food processing industries. In bread markets, they do not seem to have done so, at least with respect to selling costs. For bread prices, the evidence differs by region with Pacific markets showing the least improvement. Nationwide, private label bread price savings represent only a small part of the total competitive benefit consumers may reasonably expect in bread markets. The recent behavior of grocery chains in bread markets is not consistent with the broader public interest in effective price competition and efficient industrial organization. There is a need for further research into the competitive relationship between grocery chains and their supplier industries.

Date: 1964
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://hdl.handle.net/10.2307/1236480 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:46:y:1964:i:1:p:161-172.

Access Statistics for this article

American Journal of Agricultural Economics is currently edited by Madhu Khanna, Brian E. Roe, James Vercammen and JunJie Wu

More articles in American Journal of Agricultural Economics from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().