Measuring Market Power with Variables Other than Price

Lynn Hunnicutt, DeeVon Bailey and Michelle Crook

No 2002-08, Working Papers from Utah State University, Department of Economics

Abstract: Beef packing has become an extremely concentrated industry, yet studies have found that little, if any, market power exists. We propose and test alternative measures of behavior that may better describe how packers control purchases from feedlots, using confidential data collected by the USDA Grain Inspection, Packers and Stockyards Administration.

Pages: 29 pages
Date: 2002-05
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Citations: View citations in EconPapers (2)

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https://repec.bus.usu.edu/RePEc/usu/pdf/ERI2002-08.pdf First version, 2002 (application/pdf)

Related works:
Working Paper: MEASURING MARKET POWER WITH VARIABLES OTHER THAN PRICE (2002)
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