The Degree of Vertical and Horizontal Competition Among Dairy Cooperatives,Precessors and Retailers in Japanese Milk Markets - Collections

＜departmental bulletin paper＞
The Degree of Vertical and Horizontal Competition Among Dairy Cooperatives,Precessors and Retailers in Japanese Milk Markets

Creator	Creator Name Kinoshita, Junko 木下, 順子キノシタ, ジュンコ Affiliation Affiliation Name Department of Food Policy Analysis,Policy Research Institute,Jpanese Ministry of Agriculture
	Author PID K001637 Creator Name Suzuki, Nobuhiro 鈴木, 宣弘スズキ, ノブヒロ Affiliation Affiliation Name Faculty of Agriculture, Kyushu University
	Creator Name Kaiser, Harry M. Affiliation Affiliation Name Department of Applied Economics and Management,Cornell University
Language	English
Publisher	Faculty of Agriculture, Kyushu University
Publisher	九州大学大学院農学研究院
Date	2006-02-01
Source Title	Journal of the Faculty of Agriculture, Kyushu University
Vol	51
Issue	1
First Page	157
Last Page	163
Publication Type	Version of Record
Access Rights	open access
Crossref DOI	https://doi.org/10.5109/4726
Related DOI	Journal of the Faculty of Agriculture, Kyushu University \|\| 51(1) \|\| p157-163
	九州大学大学院農学研究院紀要 \|\| 51(1) \|\| p157-163
	http://www.agr.kyushu-u.ac.jp/index.html
Related URI	Journal of the Faculty of Agriculture, Kyushu University \|\| 51(1) \|\| p157-163
	九州大学大学院農学研究院紀要 \|\| 51(1) \|\| p157-163
	http://www.agr.kyushu-u.ac.jp/index.html
Relation	Journal of the Faculty of Agriculture, Kyushu University \|\| 51(1) \|\| p157-163
	九州大学大学院農学研究院紀要 \|\| 51(1) \|\| p157-163
	http://www.agr.kyushu-u.ac.jp/index.html

File	FileType	Size	Views	Description
p157	pdf	748 KB	724

PISSN	0023-6152
NCID	AA00697606
Record ID	4726
Peer-Reviewed	Unrefereed
ISSN	0023-6152
NCID	AA00697606
Notes	In this paper, we present a conceptual bilateral oligopoly model for measuring the degree of "vertical power balance" or the comparative degree of market power between sellers and buyers in Japan's fluid milk market. The model also simultaneously measures the degrees of horizontal competition among sellers, as well as horizontal competition among buyers. We estimate the model based on available data and several simplifying assumptions, in order to illustrate how the model could be tested. The results presented here are tentative due mainly to data constrains, but they constitute the first economeric evidence supporting the general perception that retailers, through they face nearly perfect horizontal competition among each other, have extremely dominant vertival market power over fuid milk processes. Also, the results constitute the first econometric evidence that processors may have some vertical market power over dairy cooperatives.
Created Date	2009.04.22
Modified Date	2022.11.11