Market power behaviour in the danish food marketing chain

Research output: Contribution to journalJournal articleResearchpeer-review

The paper presents and demonstrates an econometric approach to analysing food industry firms' market pricing behaviour within the framework of translog cost functions and based on firm-level accounts panel data. The study identifies effects that can be interpreted as firms' market power behaviour in output or input markets. The most robust indications of market power behaviour in output markets are found in the pork and poultry processing sectors, as well as for firms in the bakeries sector. On the other hand, the most robust market power behaviour indications regarding input markets are found for poultry processing. In general, the patterns with regard to market power behaviour seem to be more clearly identified in the processing sectors than in the distribution sectors.
Original languageEnglish
JournalJournal on Chain and Network Science
Issue number1
Pages (from-to)43-58
Number of pages16
Publication statusPublished - 2009

ID: 14698553