MEASURING MARKET POWER WITH VARIABLES OTHER THAN PRICE

Lynn Hunnicutt, DeeVon Bailey and Michelle Crook

No 19799, 2002 Annual meeting, July 28-31, Long Beach, CA from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Beef packing has become an extremely concentrated industry, yet studies have found that little, if any market power exists. We propose and test alternative measures of behavior that may better describe how packers control purchases from feedlots, using confidential data collected by the USDA Grain Inspection, Packers and Stockyards Administration.

Keywords: Marketing (search for similar items in EconPapers)
Pages: 28
Date: 2002
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea02:19799

DOI: 10.22004/ag.econ.19799

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