Economics Research Institute Study Paper
Utah State University Department of Economics
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Beef packing has become an extreluely concentrated industry, yet studies have found that little, if any, market power exists. We propose and test alternative measures of behavior that luay better describe how packers control purchases from feedlots, using confidential data collected by the USDA Grain Inspection, Packers and Stockyards Adluinistration.
Hunnicutt, Lynn; Bailey, DeeVon; and Crook, Michelle, "Measuring Market Power With Variables Other Than Price" (2002). Economic Research Institute Study Papers. Paper 241.