Oligopoly and price transmission in Turkey's fluid milk market

Hasan Tekguc
Additional contact information
Hasan Tekguc: Mardin Artuklu Univeristy

No 2011-03, Working Papers from Mardin Artuklu Univeristy, Department of Economics

Abstract: Farmers and consumers suspect that processing firms abuse their power in the milk marketing chain. We employ threshold autoregressive and moment threshold autoregressive tests and contrary to expectations find evidence of a downward trend in wholesale milk price without a corresponding decline in farm-gate prices. The downward trend coincides with increased competition in the dairy industry and with the growing market share of the formal sector at the expense of the informal sector. Major dairy processing firms expand their market share and still enjoy healthy profits thanks to increasing returns to scale in processing and distribution in a growing market.

Keywords: Dairy; Oligopoly; TAR; M-TAR; Turkey (search for similar items in EconPapers)
JEL-codes: Q11 Q13 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2010-05
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published (Agribusiness: An International Journal (2013): 29(3): 293 – 305)

Downloads: (external link)
http://www.artuklu.edu.tr/Upload/iktisat/makaleler/turkey_milk.pdf Full text (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.artuklu.edu.tr/Upload/iktisat/makaleler/turkey_milk.pdf [301 Moved Permanently]--> https://www.artuklu.edu.tr/Upload/iktisat/makaleler/turkey_milk.pdf)

Related works:
Working Paper: Oligopoly and price transmission in Turkey’s fluid milk market (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mrd:martwp:2011-03

Access Statistics for this paper

More papers in Working Papers from Mardin Artuklu Univeristy, Department of Economics Mardin Artuklu Univeristy Sosyal Bilimler Enstitusu Diyarbakir Yolu, Yenisehir Mardin, 47100 Turkey. Contact information at EDIRC.
Bibliographic data for series maintained by Hasan Tekguc ().