Volume 11 (2013)
Volume 10 (2012)
Volume 9 (2011)
Volume 8 (2010)
Volume 4 (2006)
Volume 1 (2003)
Most Downloaded Articles
- The Cooperative Yardstick Revisited: Panel Evidence from the European Dairy Sectors by Hanisch, Markus/ Rommel, Jens and Müller, Malte
- U.S. Brewing Industry Profitability: A Simultaneous Determination of Structure, Conduct, and Performance by Bhuyan, Sanjib and McCafferty, Michael
- Cartels and Rent Sharing at the Farmer–Trader Interface: Evidence from Ghana’s Tomato Sector by Ngeleza, Guyslain K. and Robinson, Elizabeth J.Z.
- Consumer Preferences for Eco, Health and Fair Trade Labels. An Application to Seafood Product in France by Brécard, Dorothée/ Lucas, Sterenn/ Pichot, Nathalie and Salladarré, Frédéric
- The Pro-Competitive Effect of Coffee Cooperatives in Chiapas, Mexico by Milford, Anna B.
Measuring the Degree of Retail Competition in U.S. Cheese Markets
1Economic Research Service, USDA
2Oregon State University, Corvallis, Oregon, USA
3Economic Research Service, USDA
Citation Information: Journal of Agricultural & Food Industrial Organization. Volume 5, Issue 1, ISSN (Online) 1542-0485, DOI: 10.2202/1542-0485.1151, February 2007
- Published Online:
The objective of this article is to measure the degree of competition among retail stores to sell a specific brand of a product. For this purpose, we estimate brand-specific demand equations along with first order conditions from stores' profit maximization. In stores' profit maximization, we account for three sources of conjectural variation: within a store but across brands, across stores for the same brand, and across stores for other brands. Data on U.S. retail store price and sales data on cheese products from ACNielsen Homescan database are used in our empirical analysis. A set of indices representing concentration of purchases across brands within each store and across stores for each brand are used to estimate conjectural elasticities. Results show the existence of price markups suggesting imperfectly competitive behavior in retail cheese markets.