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Please use this identifier to cite or link to this item: http://ntour.ntou.edu.tw:8080/ir/handle/987654321/22919

Title: Market Conduct under Government Price Intervention in the U.S. Dairy Industry
Authors: Liu Donald J.;Chin-Hwa Sun;Harry M. Kaiser
Contributors: NTOU:Institute of Applied Economics
Date: 2006
Issue Date: 2011-10-20T07:40:32Z
Publisher: New Empirical Industrial Organization and the Food System, Edited by Harry Kaiser and Nobuhiro Suzuki, 2006, Peter Lang Publishing, Inc, New York.
Abstract: abstract:The degree of market power exercised by fluid and manufactured processors in the U.S. dairy industry is estimated. Appelbaum�'s quantity-setting conjectural variation approach is cast into a switching regime framework to account for the two market regimes created by the existence of the dairy price support program: (a) government supported regime (market price is at the support price) and (b) market equilibrium regime (market price is above the support price). The model is also used to test whether government price intervention has a pro-competitive to anti-competitive influence on market conduct.
URI: http://ntour.ntou.edu.tw/handle/987654321/22919
Appears in Collections:[應用經濟研究所] 期刊論文

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