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The effect of concentration and market power on food prices: evidence from Finland

✍ Scribed by Ville Aalto-Setälä

Book ID
114058063
Publisher
Elsevier Science
Year
2002
Tongue
English
Weight
93 KB
Volume
78
Category
Article
ISSN
0022-4359

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A theoretical model of the wool market that distinguishes between large and small buyers is developed. The model forecasts that "large" buyers with a cost advantage will increase grower prices providing there is competition from a periphery of small, relatively high cost buyers. Econometric estimate