000019674 001__ 19674
000019674 005__ 20180122201546.0
000019674 037__ $$a375-2016-19883
000019674 041__ $$aen
000019674 245__ $$aMARKET POWER AND COST-EFFICIENCY EFFECTS OF THE MARKET CONCENTRATION IN THE U.S. NITROGEN FERTILIZER INDUSTRY
000019674 260__ $$c2002
000019674 269__ $$a2002
000019674 270__ $$mckim@ers.usda.gov$$pKim,   C.S.
000019674 300__ $$a23
000019674 336__ $$aConference Paper/ Presentation
000019674 446__ $$aEnglish
000019674 490__ $$aSelected Paper
000019674 520__ $$aThis article examines the effects of increasing market concentration level in the U.S. nitrogen fertilizer industry.  Results indicate that the costs of market power are greater than the benefits of market concentration, in terms of manufacturing cost efficiency.  To provide a stable nitrogen fertilizer supply at a relatively low price, it may be necessary to control natural gas price and/or reduce new import barriers from Middle East and former member states of the Soviet Union, where low cost gas is produced as a byproduct.  

Keywords:  Nitrogen fertilizer, oligopoly, economies of size, market power, cost-efficiency.
000019674 650__ $$aMarketing
000019674 6531_ $$aNitrogen fertilizer
000019674 6531_ $$aoligopoly
000019674 6531_ $$aeconomies of size
000019674 6531_ $$amarket power
000019674 6531_ $$acost-efficiency.
000019674 700__ $$aKim, C.S.
000019674 700__ $$aHallahan, Charles B.
000019674 700__ $$aTaylor, Harold
000019674 700__ $$aSchluter, Gerald E.
000019674 8564_ $$s175586$$uhttp://ageconsearch.umn.edu/record/19674/files/sp02ki07.pdf
000019674 887__ $$ahttp://purl.umn.edu/19674
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  Previous issue date: 2002
000019674 982__ $$gAmerican Agricultural Economics Association>2002 Annual meeting, July 28-31, Long Beach, CA
000019674 980__ $$a375