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Estimating the Degree of Market Power in the Beef Packing Industry
Open accessAbstract
A technique for assessing the degree of monopoly power, developed by Appelbaum (1979, 1982), is extended here to permit measurement of monopsony power as well. Data from the U.S. beef packing industry are examined. The results reveal small, but statistically significant monopoly/monopsony price distortions in slaughter cattle and wholesale beef markets but, in spite of a recent trend toward heightened concentration in the industry, give no indication that performance has become appreciably less competitive of late.
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Cited by
Standardization versus Adaptation of International Marketing Strategy: An Empirical Investigation
Szymanski, D. M., Bharadwaj, S. G., & Varadarajan, P. R. (1993) · Journal of Marketing · doi:10.1177/002224299305700401 · Cited by 565
Metadata
- Authors
- Schroeter, J. R.
- Venue
- The Review of Economics and Statistics
- Publisher
- JSTOR
- Published
- 1988-02
- Volume
- 70
- Issue
- 1
- Pages
- 158
- ISSN
- 0034-6535 (ISSN-L)
- OpenAlex
- W2034493083
- Cited by
- 291
- References
- 0
- FWCI
- 16.05
- Type
- journal article
- Language
- en
- Open access
- green
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- Schroeter, J. R. (1988). Estimating the Degree of Market Power in the Beef Packing Industry. The Review of Economics and Statistics. https://doi.org/10.2307/1928165
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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.
