EconPapers    
Economics at your fingertips  
 

Dynamic Strategic Behaviour in the Deregulated England and Wales Liquid Milk Market

Richard Tiffin ()

No 25282, 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia from International Association of Agricultural Economists

Abstract: A model of dynamic oligopsony is estimated for the liquid milk market in the UK. The paper extends existing methods of estimating such models by allowing for the joint estimation of the market conduct equation and the input supply equation. This entails the estimation of a two equation model in which the parameters of one equation change between two regimes whilst those of the other do not. Our results provide little evidence of dynamic strategic behaviour and suggest that the farm-gate price of milk is determined competitively.

Keywords: Livestock Production/Industries; Marketing (search for similar items in EconPapers)
Pages: 13
Date: 2006
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://ageconsearch.umn.edu/record/25282/files/pp061048.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:iaae06:25282

DOI: 10.22004/ag.econ.25282

Access Statistics for this paper

More papers in 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia from International Association of Agricultural Economists Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().

 
Page updated 2021-03-28
Handle: RePEc:ags:iaae06:25282