Conduct of Firms in Dynamic U.S. Food Industries

Albert Reed

No 278799, Staff Reports from United States Department of Agriculture, Economic Research Service

Abstract: This study describes a proCedure that is used to identify firm conduct, or the nature of competition in three food markets. The procedure assumes food-producing firms incur short-run capital adjustment costs, and pursue unchanging conduct. The estimates, however, are consistent with firms altering their conduct as market conditions change.

Keywords: Agricultural; and; Food; Policy (search for similar items in EconPapers)
Pages: 26
Date: 1995-12
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerssr:278799

DOI: 10.22004/ag.econ.278799

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