Tomatoes, Technology, and Oligopsony
Richard Just and
Wen S. Chern
Bell Journal of Economics, 1980, vol. 11, issue 2, 584-602
Abstract:
This paper draws on the theory of monopsony and oligopsony to develop an empirical test for the presence of the market power where an exogenous shock on the relevant market may be observed. An application of this test is demonstrated for the tomato processing industry, where the exogenous shock is created by the introduction of mechanical harvesting technology. The results are remarkably consistent with oligopsonistic dominant firm-price leadership. Statistical tests suggest rejection of the null hypothesis of competition.
Date: 1980
References: Add references at CitEc
Citations: View citations in EconPapers (53)
Downloads: (external link)
http://links.jstor.org/sici?sici=0361-915X%2819802 ... O%3B2-L&origin=repec full text (application/pdf)
Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.
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:rje:bellje:v:11:y:1980:i:autumn:p:584-602
Ordering information: This journal article can be ordered from
https://editorialexp ... i-bin/rje_online.cgi
Access Statistics for this article
More articles in Bell Journal of Economics from The RAND Corporation
Bibliographic data for series maintained by ().