Investigating market power in the belgian pork production chain

HIGHLIGHTS

  • who: Dries Maes from the Faculty of Business Economics, Hasselt University, Diepenbeek, Belgium Statistics Netherlands, Heerlen, The Netherlands have published the research work: Investigating market power in the Belgian pork production chain, in the Journal: (JOURNAL)
  • what: This paper investigates oligopolies and oligopsonies in the pork production sector.
  • how: For the estimation (using time series) to determine the alpha (see Eq 8) the authors considered first testing the variables for stationarity using the DickeyFuller generalised least squares (DFGLS).

SUMMARY

    The oligopsonic threat in this sector is a potential issue . . .

     

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