Countervailing Power and Seller Performance in U.S. Food and Tobacco Manufacturing Industries

Sanjib Bhuyan and Ronald Cotterill (ron@cotterilleconomics.com)

No 116163, Working Papers from Regional Research Project NE-165 Private Strategies, Public Policies, and Food System Performance

Abstract: An analysis of the impact of buyer structure on the profitability of U.S. food manufacturing industries shows inconclusive evidence in support of the countervailing power hypothesis in these industries. However, findings show that industries that have high sales to other food manufacturing industries, as opposed to sales to the wholesale, retail and other nonindustrial buyers have lower profitability.

Keywords: Agribusiness; Industrial Organization (search for similar items in EconPapers)
Pages: 19
Date: 1994-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:rpspwp:116163

DOI: 10.22004/ag.econ.116163

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