A Stochastic Frontier Analysis Approach for Estimating Market Power in the Major US Meat Export Markets

Panagiotou, Dimitrios; Stavrakoudis, Athanassios

doi:10.1007/s10842-019-00319-y

Cited by 3 publications

(4 citation statements)

References 14 publications

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“…Global pork consumption continues to increase, and the United States has become the largest exporter of pork. U.S. pork accounts for 30% of global pork consumption [18]. In Europe, pork accounts for 47% of total meat production, and this proportion continues to increase.…”

Section: Literature Review 21 Pork Purchase Intention Wtp and Consumer Characteristicsmentioning

confidence: 99%

Impact of Purchase Preference, Perceived Value, and Marketing Mix on Purchase Intention and Willingness to Pay for Pork

Kung

Wang

Liang

2021

Foods

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This study explored the effects of purchase preference, perceived value, and marketing mix on consumers’ purchase intention and willingness to pay for pork in Taiwan. A questionnaire was distributed to pork consumers in an online platform, and a total of 1042 valid samples were collected. An analysis of the questionnaire responses revealed three purchase preference factors, namely flavour, certification marks, and added features; four perceived value factors, namely functional, social, conditional, and emotional value; and four marketing mix factors, namely promotion, convenience, product, and price marketing. Functional value, purchase frequency, conditional value, and product marketing positively affected purchase intention. Promotional marketing, monthly disposable income, and social value were the main positive factors in increased willingness to pay. Consumers who were men, had a lower educational level, purchased large quantities of pork at one time, or frequently purchased pork exhibited higher purchase intention than did other consumers. Those who were men, had higher educational attainment, had a higher monthly disposable income, or held a management position were more willing to purchase pork at a premium price.

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Section: Literature Review 21 Pork Purchase Intention Wtp and Consumer Characteristicsmentioning

confidence: 99%

Impact of Purchase Preference, Perceived Value, and Marketing Mix on Purchase Intention and Willingness to Pay for Pork

Kung

Wang

Liang

2021

Foods

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“…New technologies and innovations [1,2], related to the Industry 4.0 idea in the energy sector [3,4], are genuinely powering the digital economy [5,6]. Industry 4.0 is a concept related to the use of automation [7], data processing [8], and data exchange [9], employed especially in practice in car charging stations, its infrastructure [10,11], and energy distribution networks [12,13].…”

Section: Introductionmentioning

confidence: 99%

“…In this scientific paper, the availability of the charging stations was also calculated with the use of Equation (3). Equation (3), the number of charging stations per 1 person (NCSP), and Equation ( 4), the number of people per 1 charging station (NPCS), were calculated in this study:…”

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confidence: 99%

Charging Stations and Electromobility Development: A Cross-Country Comparative Analysis

2022

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The Industry 4.0 idea influences the development of both charging stations and electromobility development, due to its emphasis on device communication, cooperation, and proximity. Therefore, in electromobility development, growing attention is paid to chargers’ infrastructure density and automotive electric vehicles’ accessibility. The main goal of this scientific paper was to present the electromobility development represented in the number of charging stations and its infrastructure development calculations. In this study, the sequence of methods was used to indicate and explore the research gap. The first was the Structured Literature Review (SLR) variation method. The second method was the classical tabular comparison of gathered results. The third research method was a cluster analysis based on secondary data with cross-country comparisons of the number of charging stations and electric cars. Therefore, this paper presents a theoretical discussion and practical business implications based on the achieved results of clusters and rankings. The main finding of this paper is that charging stations play a pivotal role in electromobility development in countries with already developed road infrastructure and maritime transportation. The charging stations can support energetic infrastructure, especially in countries with vast geographical distances. The charging stations and electric vehicles statistics presented in ratios and ranks proved similarities in the electromobility development patterns in the analyzed countries. This paper also presents the limitations of the performed study and identifies possible future research avenues.

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“…The issue of market power is highly correlated to policy study. There are many articles estimating the market power effects of the Livestock Mandatory Reporting Act (LMRA) in the U.S. beef industry [20,[31][32][33]. These prove that the market power exertion of fed cattle markets was greater in the years after the program was implemented than before.…”

Section: Introductionmentioning

confidence: 99%

Market Power in the Irish Beef Processing Industry

Wang

2021

Sustainability

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Irish beef processors and cattle farmers have been involved in a lasting controversy on power asymmetry. This paper estimates the degree of market power in the Irish beef processing industry. The New Empirical Industrial Organization approach is extended for estimation, and the market power is testified by conjectural elasticity with supply and demand functions, indicating that beef processors exert a significant market power on cattle farms. Export-orientation and high subsidies are two outstanding features in the Irish beef industry. Exports and subsidies are shown in this paper to have an insignificant influence on market power. This paper confirms that beef processors can exercise market power on farmers to lower prices below the marginal cost.

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A Stochastic Frontier Analysis Approach for Estimating Market Power in the Major US Meat Export Markets

Cited by 3 publications

References 14 publications

Impact of Purchase Preference, Perceived Value, and Marketing Mix on Purchase Intention and Willingness to Pay for Pork

Impact of Purchase Preference, Perceived Value, and Marketing Mix on Purchase Intention and Willingness to Pay for Pork

Charging Stations and Electromobility Development: A Cross-Country Comparative Analysis

Market Power in the Irish Beef Processing Industry

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