Empirical Test of Imperfect Competition in Semi-Perishable Produce

Topics:
Grocery
Tags:
Economic Research Service,
Margin,
Retail,
Retail Company
Source:
Economic Research Service

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Overview: Retailer margins are determined by both the prices they charge consumers and the prices they pay to shippers for their fresh produce. Therefore, in order to determine how much of the weekly variation in margins is due to the ability to set prices on either the buying or selling sides of the profit equation, and how much is due to simply market forces, it is necessary to account for the factors that influence supply and demand. To accomplish this, this report estimates equations representing produce supply, retail demand, and retailer margins.

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Format: PDF | Size: 52KB | Date: Sep 2003 | Pages: 3

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