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2005-09-27
英文文献:Retail Oligopoly Power And Fluid Milk Prices In Boston
英文文献作者:Chidmi, Benaissa,Lopez, Rigoberto A.,Cotterill, Ronald W.
英文文献摘要:
This paper assesses the independent and joint impacts of oligopoly power of market intermediaries and the Northeast Dairy Compact (NEDC) on fluid milk prices in Boston. Empirical results reveal that price increases due to oligopoly power far outweighed those caused by the NEDC by more than 10 times. In fact, markups are estimated at approximately 33% of the retail milk price, translating into approximately $1/gallon overcharge at 2002 milk prices averaging around $3/gallon.
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