Do U.S. marketing orders have much market power? An examination of the Almond Board of California

 

Αποθηκεύτηκε σε:
Λεπτομέρειες βιβλιογραφικής εγγραφής
Συγγραφείς: Crespi, John M., Chacón Cascante, Adriana
Μορφή: artículo original
Ημερομηνία έκδοσης:2004
Περιγραφή:This review tests the conventional wisdom that U.S. marketing orders act as profit-maximizing cartels. It analyzes the marketing order for U.S. almonds in both the domestic and export markets. Such a case study is relevant to all U.S. marketing orders because the size and scope of the U.S. almond industry and the authority granted to a board of producers by the almond marketing order would seem to be conducive to profit-maximizing cartel behavior. Nevertheless, the authors find that the market power exerted by the Almond Board of California is significantly less than would be expected from a profit-maximizing cartel.
Χώρα:Kérwá
Ίδρυμα:Universidad de Costa Rica
Repositorio:Kérwá
OAI Identifier:oai:kerwa.ucr.ac.cr:10669/75342
Διαθέσιμο Online:https://onlinelibrary.wiley.com/doi/abs/10.1002/agr.10081
https://hdl.handle.net/10669/75342
Λέξη-Κλειδί :Cartel
Market power
Marketing orders
Price leadership
Trade