ECONOMETRIC ANALYSIS OF MARKET POWER ON THE UKRAINIAN MARKET FOR RAW MILK

Oleksandr Perekhozhuk and Michael Grings

No 7575, 47th Annual Conference, Weihenstephan, Germany, September 26-28, 2007 from German Association of Agricultural Economists (GEWISOLA)

Abstract: The main emphasis of the present study is the empirical analysis of buyer market power of the Ukrainian milk processing industry on the market for raw milk. For an econometric analysis of pricing behaviour on the Ukrainian market for raw milk a sectoral, comparative-static structural model, based on the New Empirical Industrial Organization (NEIO) framework has been constructed. The model consists of a short-term supply function for raw milk and a first order condition for profit maximizing raw milk demand of the milk processing enterprises. The results of the econometric estimation of the model do not show any evidence for the existence of market power in the Ukrainian milk processing industry on the national level for the estimation period January 1996 to December 2003. However, these results do not exclude existence of market power on the regional level.

Keywords: Marketing (search for similar items in EconPapers)
Pages: 15
Date: 2007
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/7575/files/cp07pe02.pdf (application/pdf)

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:ags:gewi07:7575

DOI: 10.22004/ag.econ.7575

Access Statistics for this paper

More papers in 47th Annual Conference, Weihenstephan, Germany, September 26-28, 2007 from German Association of Agricultural Economists (GEWISOLA) Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().