Arbeitspapier
Market power of German food and beverage industries on international markets
In this paper the existence and magnitude of market power for German beer, cocoa powder, chocolate, and sugar confectionary exporters are tested. Two theoretical approaches are employed, the 'pricing of market' (PTM) and the 'residual demand elasticity' (RDE) approach. Even though all markets show a significant violation of the 'law of one price' estimations for monthly data from 1991 to 1998 reveal that markets are in most cases perfectly competitive. However, while in some cases significant market power is indicated for the PTM approach, the RDE results do not support these findings. This leads to the conclusion that the underlying theoretical models fail to consistently match the observed price equilibria on the market under study.
- Sprache
-
Englisch
- Erschienen in
-
Series: FE Working Paper ; No. 0004
- Klassifikation
-
Wirtschaft
- Thema
-
Nahrungsmittelgewerbe
Export
Marktmacht
Außenhandelspreis
Betriebliche Preispolitik
Schätzung
Theorie
Deutschland
Welt
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Glauben, Thomas
Loy, Jens-Peter
- Ereignis
-
Veröffentlichung
- (wer)
-
Kiel University, Department of Food Economics and Consumption Studies
- (wo)
-
Kiel
- (wann)
-
2000
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Glauben, Thomas
- Loy, Jens-Peter
- Kiel University, Department of Food Economics and Consumption Studies
Entstanden
- 2000
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