Retail price levels and concentration of wholesalers, retailers, and hypermarkets

Marcus Asplund and Richard Friberg

No 318, SSE/EFI Working Paper Series in Economics and Finance from Stockholm School of Economics

Abstract: This paper examines retail grocery price levels with a very large (unbalanced) panel of stores that operate in well-defined local markets. We explain price variation across grocery retailers by the concentration of wholesalers and retailers, and the market share of hypermarkets (and control for a number of store and region specific factors). Our most important result is that concentration at the wholesale level is an important determinant of retail prices. The price effect of retail concentration and hypermarket market share are statistically significant but small in economic terms.

Keywords: Firm concentration; market structure; price competition; grocery retail; grocery wholesale (search for similar items in EconPapers)
JEL-codes: D43 L13 L81 (search for similar items in EconPapers)
Pages: 27 pages
Date: 1999-05-12
New Economics Papers: this item is included in nep-ind
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Citations: View citations in EconPapers (2)

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Related works:
Working Paper: Retail Price Levels and Concentrations of Wholesalers, Retailers and Hypermarkets (1999)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:hastef:0318

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