Perekhozhuk, Oleksandr and Hockmann, Heinrich and Fertő, Imre and Bakucs, Lajos Zoltán (2013) Identification of market power in the Hungarian dairy industry: A Plant-Level Analysis. JOURNAL OF AGRICULTURAL AND FOOD INDUSTRIAL ORGANIZATION, 11 (1). pp. 1-13. ISSN 1542-0485
|
Text
Fertő-Bakucs_Identificationjafio-2012-0005.pdf Download (617kB) | Preview |
Abstract
The objective of this paper is to provide an alternative model which can be used to test for oligopsony market power applying plant-level data. For this purpose, we took into account empirical studies and specific developments in the Hungarian dairy industry and specified a model that provides useful benchmarks for an econometric test of market power. The results of the econometric analysis show that the effects from policy changes in Hungary, as well as from plant specific issues are highly statistically significant, and produce evidence suggesting the exercise of oligopsony market power in the Hungarian dairy industry.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences / társadalomtudományok > HB Economic Theory / közgazdaságtudomány |
| SWORD Depositor: | MTMT SWORD |
| Depositing User: | MTMT SWORD |
| Date Deposited: | 28 Oct 2013 14:52 |
| Last Modified: | 31 May 2014 23:15 |
| URI: | http://real.mtak.hu/id/eprint/7043 |
Actions (login required)
 |
Edit Item |
