Tomatoes, technology, and oligopsony
Conference
·
OSTI ID:5651801
This paper draws on the theory of monopsony and oligopsony to develop an empirical test for the presence of the same in the situation where an exogenous shock on the relevant market may be observed. An application of this test is demonstrated for the tomato-processing industry, where the exogenous shock is created by the introduction of mechanical-harvesting technology. The results are remarkably consistent with oligopsonistic dominant firm-price leadership, and statistical tests suggest rejection of the null hypothesis of competition.
- Research Organization:
- Oak Ridge National Lab., TN (USA); Brigham Young Univ., Provo, UT (USA)
- DOE Contract Number:
- W-7405-ENG-26
- OSTI ID:
- 5651801
- Report Number(s):
- CONF-800215-1
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200* -- Energy Planning & Policy-- Economics & Sociology
CALIFORNIA
COMPARATIVE EVALUATIONS
COMPETITION
ECONOMIC IMPACT
EQUIPMENT
FOOD
HARVESTING
MARKET
MONOPOLIES
NORTH AMERICA
PRICES
PROCESSING
SUPPLY AND DEMAND
TOMATOES
USA
VEGETABLES
WESTERN REGION
290200* -- Energy Planning & Policy-- Economics & Sociology
CALIFORNIA
COMPARATIVE EVALUATIONS
COMPETITION
ECONOMIC IMPACT
EQUIPMENT
FOOD
HARVESTING
MARKET
MONOPOLIES
NORTH AMERICA
PRICES
PROCESSING
SUPPLY AND DEMAND
TOMATOES
USA
VEGETABLES
WESTERN REGION