A, Lopez Rigoberto; Carmen, Lirón-España - In: Journal of Agricultural & Food Industrial Organization 1 (2002) 1, pp. 1-10
This article computes the welfare changes from increases in industrial concentration in a sample of 35 U.S. food manufacturing industries, taking into account oligopoly power and efficiency effects. It is estimated that a 1% across-the-board increase in the Herfindahl index would lead to an...