This chapter focuses upon competitive relationships in agricultural markets. These markets
often exhibit high and increasing levels of buyer and/or seller concentration. Both food …

Recent developments in modern agri‐food markets have called into question the predictive
capability of the traditional models and tools used by agricultural economists to assess and …

In this paper I show how Appelbaum's framework for testing price‐taking behavior in a single
industry can be formally extended to consider concentration explicitly. In so doing, I separate …

This article addresses the current status of farm buyer market power. We argue that buyer
power concerns are often overstated because traditional models of buyer power are …

We develop a model to measure the degree of oligopsony power in the beef packing
industry, while accommodating variable proportions technology, that can be estimated with …

Congress included $500,000 in the US Department of Agriculture's (USDA) Packers and
Stockyards Administration (now Grain Inspection, Packers and Stockyards Administration …

We examine if the Nordic power market, Nord Pool, has been competitive or if electricity
suppliers have had market power. Specifically, since the evolution from national markets to a …

The unprecedented spike in beef price spreads during the COVID-19-driven packing plant
shutdowns prompted calls for investigations into “inappropriate influence” by packers in the …

The US meatpacking industry has become concentrated to a degree not experienced since
the days of the 'Beef trust'a century ago. A number of mainstream studies have investigated if …

We study beef packing margins before and after mandatory price reporting (MPR) was
implemented in 2001 using a model that identifies and tests for switching between …