IS PRICING ABOVE MARGINAL COST AN INDICATION OF MARKET POWER IN THE U.S. MEATPACKING INDUSTRY?

Panagiotou, Dimitrios

doi:10.22004/ag.econ.19218

IS PRICING ABOVE MARGINAL COST AN INDICATION OF MARKET POWER IN THE U.S. MEATPACKING INDUSTRY?

There have been concerns about the increasing concentration in the meat packing industry. But this increased concentration may be due to various types of cost economies. In this paper we prove the existence of scale economies that might justify the increased consolidation in the industry.

Subject(s):

Demand and Price Analysis

Issue Date:

2005

Publication Type:

Conference Paper/ Presentation

DOI and Other Identifiers:

10.22004/ag.econ.19218

Record Identifier:

https://ageconsearch.umn.edu/record/19218

PURL Identifier:

http://purl.umn.edu/19218