Industrial Organization as a Determinant of International Competitiveness in Food

Dennis R. Henderson

No 243222, Economics and Sociology Occasional Papers - ESO Series from Ohio State University, Department of Agricultural, Environmental and Development Economics

Abstract: International trade is increasingly being viewed in the context of imperfect competition. This is particularly appropriate for food and other processed agricultural products as most food processing and manufacturing industries are oligopolistic. Industrial organization theory demonstrates· a negative relationship between concentration of market power and · domestic market performance. One theme emerging from the integration of industrial organization and international trade theories is, seller concentration is also negatively related to international market performance. This theme is tested, and validated for U.S. food manufacturing industries.

Keywords: Food Consumption/Nutrition/Food Safety; International Relations/Trade; Marketing (search for similar items in EconPapers)
Pages: 13
Date: 1990-11
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:ohsesp:243222

DOI: 10.22004/ag.econ.243222

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