Estimating the Degree of Market Power in the Beef Packing Industry
Estimating the Degree of Market Power in the Beef Packing Industry
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DOI：
10.2307/1928165
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发表时间：
1988-02
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影响因子：
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通讯作者：
John R. Schroeter
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文献类型：
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作者：
John R. Schroeter
由Appelbaum(1979,1982)开发的一种用于评估垄断程度的技术在这里被扩展，以允许也测量垄断权力。对美国牛肉包装行业的数据进行了审查。调查结果显示，屠宰牛和牛肉批发市场的垄断/垄断价格扭曲程度虽小，但在统计上意义重大，但尽管该行业最近出现了高度集中的趋势，但没有迹象表明，最近业绩的竞争力明显下降。
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.