Country Market Power in EU Olive Oil Trade

Celal Tasdogan, Efthimia Tsakiridou and Konstantinos Mattas
Additional contact information
Celal Tasdogan: Mediterranean Agronomic Institute of Chania
Efthimia Tsakiridou: Democritus University of Thrace
Konstantinos Mattas: Aristotle University of Thessaloniki

South-Eastern Europe Journal of Economics, 2005, vol. 3, issue 2, 211-219

Abstract: This study investigates market power in olive oil exports in the European Union (EU) market for the major olive oil producers (Italy, Spain and Greece). The study employs the Goldberg and Knetter method to measure the exporter's market power. On the one side the exchange rates of competitor countries were used as an ideal cost shifter, while on the other side the producer price of olive oil was utilized as another cost shifter. Results show that olive oil exports are imperfectly competitive in the EU market, and Italy has higher market power compared to Spain and Greece.

Keywords: Olive Oil Exports; Market Power; Exporter's Power; Partial Pass Through; Pricing to Market; the Elasticity of Residual Demand (search for similar items in EconPapers)
JEL-codes: Q13 Q17 (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (13)

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Persistent link: https://EconPapers.repec.org/RePEc:seb:journl:v:3:y:2005:i:2:p:211-219

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