A MODEL OF IMPERFECT COMPETITION USING MARGINAL INPUT AND OUTPUT PRICES: APPLICATION TO THE BEEF PACKING INDUSTRY

Based on Diewert's idea that models under competition can be generalized to imperfect competition using marginal prices, we develop a test for imperfect competition in the beef packing industry. Our model is more general and flexible than those depending on empricial estimates of the input supply and output demand elasticities.

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Year of publication:	1998
Authors:	Muth, Mary K. ; Wohlgenant, Michael K.
Institutions:	Agricultural and Applied Economics Association - AAEA
Subject:	Agribusiness \| Demand and Price Analysis

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Extent:	application/pdf
Series:	1998 Annual meeting, August 2-5, Salt Lake City, UT.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 1998 Annual meeting, August 2-5, Salt Lake City, UT Number 20853
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005536461