The DOI matches its Crossref record; 46 of the 46 references it cites were found in a registry or an index.
Vertical Relationships between Manufacturers and Retailers: Inference with Limited Data
Abstract
In this paper, different models of vertical relationships between manufacturers and retailers in the supermarket industry are compared. Demand estimates are used to compute price-cost margins for retailers and manufacturers under different supply models when wholesale prices are not observed. The purpose is to identify the set of margins compatible with the margins obtained from estimates of cost and to select the model most consistent with the data among non-nested competing models. The models considered are (1) a simple linear pricing model; (2) a vertically integrated model; and (3) a variety of alternative (strategic) supply scenarios that allow for collusion, non-linear pricing, and strategic behaviour with respect to private label products. Using data on yogurt sold in several stores in a large urban area of the U.S. the results imply that wholesale prices are close to marginal cost and that retailers have pricing power in the vertical chain. This is consistent with non-linear pricing by the manufacturers or high bargaining power of the retailers.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Newey, W. K., & West, K. D. (1987) · Econometrica · doi:10.2307/1913610 · Cited by 16,936
A Simple, Positive Semi-Definite, Heteroskedasticity and AutocorrelationConsistent Covariance Matrix
Newey, W., & West, K. (1986) · National Bureau of Economic Research · doi:10.3386/t0055 · Cited by 12,278
The Theory of Industrial Organization
Jean Tirole, Z. (1988) · MIT Press Books · Cited by 8,651
Discrete Choice Methods with Simulation
Train, K. E. (2001) · doi:10.1017/cbo9780511805271 · Cited by 7,784
MONOPOLISTIC COMPETITION AND OPTIMUM PRODUCT DIVERSITY
Dixit, A., Stiglitz, J. E., Dixit, A. K., & Stiglitz, J. E. (1975) · RePEc: Research Papers in Economics · doi:10.22004/ag.econ.268957 · Cited by 7,391
Theory of Industrial Organization.
Rubinstein, A., & Tirole, J. (1989) · Economica · doi:10.2307/2554286 · Cited by 5,142
Automobile Prices in Market Equilibrium
Berry, S., Levinsohn, J., & Pakes, A. (1995) · Econometrica · doi:10.2307/2171802 · Cited by 4,883
Mixed MNL models for discrete response
McFadden, D., & Train, K. (2000) · Journal of Applied Econometrics · doi:10.1002/1099-1255(200009/10)15:5<447::aid-jae570>3.0.co;2-1 · Cited by 4,322
Discrete Choice Methods with Simulation
Train, K. E. (2003) · Cambridge University Press eBooks · doi:10.1017/cbo9780511753930 · Cited by 3,890
Estimating Discrete-Choice Models of Product Differentiation
Berry, S. T. (1994) · The RAND Journal of Economics · doi:10.2307/2555829 · Cited by 2,939
Cited by
Deposit Competition and Financial Fragility: Evidence from the US Banking Sector
Egan, M., Hortaçsu, A., & Matvos, G. (2017) · American Economic Review · doi:10.1257/aer.20150342 · Cited by 435
Switching costs in the US seed industry: Technology adoption and welfare impacts
Luo, J., Moschini, G., & Perry, E. D. (2023) · International Journal of Industrial Organization · doi:10.1016/j.ijindorg.2023.102977 · Cited by 4
Metadata
- Authors
- Berto Villas-Boas, S.
- Venue
- The Review of Economic Studies
- Publisher
- Oxford University Press (OUP)
- Published
- 2007-04
- Volume
- 74
- Issue
- 2
- Pages
- 625-652
- ISSN
- 0034-6527 (ISSN-L)
- 1467-937X
- OpenAlex
- W2171807718
- Cited by
- 560
- References
- 46
- FWCI
- 107.52
- Type
- journal article
- Language
- en
- Open access
- closed
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Vertical Relationships between Manufacturers and Retailers: Inference with Limited Data. https://app.cochat.ai/papers/10.1111/j.1467-937x.2007.00433.x
- The paper
- Berto Villas-Boas, S. (2007). Vertical Relationships between Manufacturers and Retailers: Inference with Limited Data. The Review of Economic Studies. https://doi.org/10.1111/j.1467-937x.2007.00433.x
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
