MARKET POWER AND ASYMMETRY IN FARM-RETAIL PRICE TRANSMISSION

A finite mixture model is used to examine whether price asymmetries exist in U.S. fresh strawberry markets. Two distinct pricing regimes are identified. Results show that price asymmetries exist only at 34 percent of the cases and market power has played an important role in generating such asymmetric price relationships.


Subject(s):
Issue Date:
2000
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/21768
Total Pages:
18
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-08-24

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