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Price asymmetry in the Canadian beef, chicken, and egg markets : implications for market power

The purpose of this study was to examine the degree of market power in the marketing chain of the broiler chicken, egg, and beef industries in Canada. The principal method of analysis tested for the existence of asymmetry. Supplementary testing included estimates of markup equations, means and coefficients of variation, elasticities of demand and price transmission, and correlation coefficients. / The findings give retailers market power in Montreal and Toronto for chicken, and in Toronto, Edmonton, and Winnipeg for beef. Vancouver retail prices for chicken and eggs were statistically independent of prices at the other levels. Processors dominated producers in the chicken markets of Montreal and Toronto, and the Winnipeg beef market. Producers showed possible dominance in the Montreal egg market. / Symmetry occurred most often in the beef and egg markets; which share the character of flat or declining consumer demand conditions. The ability to exercise market power may be determined by strong demand coupled with institutional price-responsiveness.

Identiferoai:union.ndltd.org:LACETR/oai:collectionscanada.gc.ca:QMM.61188
Date January 1991
CreatorsDruhan, Patrick James
PublisherMcGill University
Source SetsLibrary and Archives Canada ETDs Repository / Centre d'archives des thèses électroniques de Bibliothèque et Archives Canada
LanguageEnglish
Detected LanguageEnglish
TypeElectronic Thesis or Dissertation
Formatapplication/pdf
CoverageMaster of Science (Department of Agricultural Economics.)
RightsAll items in eScholarship@McGill are protected by copyright with all rights reserved unless otherwise indicated.
Relationalephsysno: 001275637, proquestno: AAIMM74870, Theses scanned by UMI/ProQuest.

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