A Conjectural Variations Model of Reduced Japanese Milk Price Supports
A Conjectural Variations Model of Reduced Japanese Milk Price Supports
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日本牛奶价格支持下降的猜想变异模型
DOI:
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发表时间:
1993
期刊:
影响因子:
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通讯作者:
O. D. Forker
中科院分区:
文献类型:
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作者:
N. Suzuki;J. E. Lenz;O. D. Forker
Conjectural variations are estimated to determine the degree of imperfection in the Japanese milk market. Estimated conjectural variations indicate that the Japanese milk market is imperfectly competitive but is becoming more competitive. Our comparative static analysis indicates that when the milk support price is reduced, the fluid milk price will decline less under the current imperfectly competitive structure than it would under a competitive structure.