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Periodical article | Leiden University catalogue | WorldCat |
Title: | Stationarity tests in geographic markets: an application to South African milk markets |
Author: | Boshoff, Willem H. |
Year: | 2007 |
Periodical: | South African Journal of Economics |
Volume: | 75 |
Issue: | 1 |
Pages: | 52-65 |
Language: | English |
Geographic term: | South Africa |
Subjects: | food market competition milk |
External link: | https://onlinelibrary.wiley.com/doi/10.1111/j.1813-6982.2007.00103.x/pdf |
Abstract: | This paper focuses on the delineation of geographic markets in competition analysis, investigating the use of quantitative techniques - as proposed by M. Forni (2004) - in the market definition exercise. Although the product market definition is also included in the earlier part of the discussion, the empirical application focuses on geographic markets. A systematic geographic market definition exercise requires a clear rationale and a conceptual framework. This framework is developed in the next section; a following section elaborates on the quantitative procedures (specifically, tests of price co-movement). Lastly, an empirical demonstration is attempted, based on a recent investigation into alleged abuse of dominance in the South African milk industry at the producer/processor level. Bibliogr., notes, ref., sum. [Journal abstract, edited] |