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South Carolina “buy local” food products campaign. The findings suggest that this government sponsored advertising campaign …
Persistent link: https://www.econbiz.de/10011069981
the restaurant context. Among the possible menus, the salad menu (the healthiest menu) was the most preferred option by … those respondents who received nutritional information in the survey context; whereas in the restaurant, the most popular … restaurant. These results show large discrepancies between stated preferences and actual market behavior. These findings may be …
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The article offers measures of own and cross cost pass-through in a structural framework. Unlike the traditional reduced-form analysis used in the previous literature, our approach is applicable in situations where firm marginal cost data are unobserved. The empirical value of the model is...
Persistent link: https://www.econbiz.de/10010881009
compete for market share, they draw considerable in the food marketing and industrial organization literature. The objective …
Persistent link: https://www.econbiz.de/10010881033
The endogeneity of retail market power arises in the retail pricing equation due to the correlation between margins and unobserved cost components. Nevertheless, it has long been ignored in the equilibrium analysis of retail behavior. We address the issue via a control function approach in a new...
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This study investigates whether importers of U.S. wheat form an integrated market or a series of segmented markets. Two market integration tests are applied: one based on equilibrium price relationships and one based on disequilibrium price relationships. With the exception of a few importers,...
Persistent link: https://www.econbiz.de/10010916336