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PROFIT-STRUCTURE RELATIONSHIPS IN U.S. FOOD INDUSTRIES

Francis Declerck and Bruce Sherrick ()

No 271362, 1991 Annual Meeting, August 4-7, Manhattan, Kansas from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This study examines the usefulness of concentration indices in explaining levels in price-cost margins in U.S. food industries. Cross-sectional and pooled regressions indicate that concentration at top-4-firm level, advertising, and advertising squared are the most significant variables in explaining profit. Technology variables are not significant.

Keywords: Agricultural and Food Policy; Industrial Organization (search for similar items in EconPapers)
Pages: 15
Date: 1991-08-04
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea91:271362

DOI: 10.22004/ag.econ.271362

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