Horizontal Consolidation in the U.S. Food Processing Industry: Boon or Bane?

Emilio Tostao and Chanjin Chung ()

No 35497, 2005 Annual Meeting, February 5-9, 2005, Little Rock, Arkansas from Southern Agricultural Economics Association

Abstract: This study measured the effect of increased concentration on industry market power and cost efficiency, using a bilateral oligopoly model. Cost efficiency gains dominate market power effects from increase in industry concentration. This result is consistent with previous finding that consolidation in the U.S. beef industry is efficiency driven.

Keywords: Agribusiness (search for similar items in EconPapers)
Pages: 10
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeafl:35497

DOI: 10.22004/ag.econ.35497

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