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Article Details ::
Article Name :
MARKET STRUCTURE AND MARKET POWER IN MILK VALUE CHAIN: THE CASE OF INDIA
Author Name :
Sarvesh Bandhu
Publisher :
Ashok Yakkaldevi
Article Series No. :
ROR-1582
Article :
Author Profile
Abstract :
The recent rise in the prices of fluid milk has attracted significant media attention with allegations that fluid milk processors/retailers have colluded to raise prices . The attention is justified as milk constitutes an important commodity in the consumption basket of majority of households in India. In this note we propose an empirical framework derived from a structural model which is an extension of the new empirical industrial organization (NEIO) approach and allows for a estimation of market power exertion when firms on both sides have potential market power
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