FLEXIBILITY AND COMPETITION IN U.S. FOOD MANUFACTURING FIRMS: ARE FIRMS TOO INFLEXIBLE?

We analyse the flexibility decision of firms in a two-stage duopoly game of complete information and test the models implications using panel data of U.S. food industries. We find a positive relationship between flexibility and market power. Flexibility in food manufacturing industries is significantly higher than in all other industries.


Subject(s):
Issue Date:
2001
Publication Type:
Conference Paper/ Presentation
Record Identifier:
http://ageconsearch.umn.edu/record/20596
PURL Identifier:
http://purl.umn.edu/20596
Total Pages:
14
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2018-01-22

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