Korea Rural Economic Institue

NATURAL EXPERIMENTS ON THE RAW-MILK PRICES FOR DISCLOSING MARKET POWER

영문 제목
NATURAL EXPERIMENTS ON THE RAW-MILK PRICES FOR DISCLOSING MARKET POWER
저자
전상곤
출판년도
2011-06-22
초록
This study measures the degree of oligopoly power of domestic marketers in the Korean white fluid milk market using natural experiments. It extends the number of experiments to eight times covering more than 20 years and considers a dynamic game to check the robustness of the estimates covered by previous studies. The results show that the estimates obtained by the eight experiments and a dynamic game are quite similar to those obtained by a one-shot experiment with a static game. The results show that the Korean white fluid milk market is far from perfect competition.

This study measures the degree of oligopoly power of domestic marketers in the Korean white fluid milk market using natural experiments. It extends the number of experiments to eight times covering more than 20 years and considers a dynamic game to check the robustness of the estimates covered by previous studies. The results show that the estimates obtained by the eight experiments and a dynamic game are quite similar to those obtained by a one-shot experiment with a static game. The results show that the Korean white fluid milk market is far from perfect competition.
목차
I. Introduction
II. Theoretical Model
Ⅲ. NATURAL EXPERIMENTS
Ⅳ. CONCLUSIONS

I. Introduction
II. Theoretical Model
Ⅲ. NATURAL EXPERIMENTS
Ⅳ. CONCLUSIONS
서지인용
page. 1 - 18
발행처
한국농촌경제연구원
주제어
oligopoly power; milk; dairy; experiment; oligopoly power; milk; dairy; experiment
발간물 유형
KREI 논문
보고서 번호
JRD34-2-01
URI
http://repository.krei.re.kr/handle/2018.oak/19651
Appears in Collections:
학술지 논문 > 농촌경제 / JRD
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