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Title: Estimating the Degree of Buyers' Market Power: Evidence from the Ukrainian Meat Processing Industry
Authors: Perekhozhuk, Oleksandr
Matyukha, Andriy
Glauben, Thomas
Authors (Email): Perekhozhuk, Oleksandr (
Matyukha, Andriy (
Glauben, Thomas (
Keywords: Cournot competition
market power
meat processing industry
new empirical industrial organisation (NEIO)
Issue Date: 2011-09-02
Abstract: This study develops a structural market model for the econometric analysis of buyers’ market power in the Ukrainian meat processing industry, because there is some evidence that suggests that meat processors may excise market power in the agricultural market of slaughtered livestock. The estimation results did not produce any evidence suggesting the existence of buyers’ market power. Contrary to many other NEIO-studies, we extended the market structure market model by the three subsequent models. Using endogenously determined values for market power parameter, we found that meat processors concerning the buyers’ market for slaughtered livestock behave consistently with Cournot conjectures.
Institution/Association: European Association of Agricultural Economists>2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland
Total Pages: 18
From Page: 1
To Page: 17
Collections:2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland

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