G2TT
来源类型Discussion paper
规范类型论文
来源IDDP8029
DP8029 Non Linear Contracting and Endogenous Buyer Power between Manufacturers and Retailers: Empirical Evidence on Food Retailing in France
Pierre Dubois; Céline Bonnet
发表日期2010-09-23
出版年2010
语种英语
摘要We present the first empirical estimation of a structural model taking into account explicitly the endogenous buyer power of downstream players facing two part tariffs contracts offered by the upstream level. We consider vertical contracts between manufacturers and retailers where resale price maintenance may be used with two part tariffs and allow retailers to have some endogenous buyer power from the horizontal competition of manufacturers. Our contribution allows to recover price-cost margins at the upstream and downstream levels in these different structural models using the industry structure and estimates of demand parameters. We apply it to the market of bottled water in France, estimating a mixed logit demand model on individual level data. Empirical evidence shows that two part tariffs contracts are used with no resale price maintenance and that the buyer power of supermarket chains is endogenous to the structure of manufacturers competition.
主题Industrial Organization
关键词Competition Differentiated products Double marginalization Endogenous buyer power Manufacturers Mixed logit Non nested tests Retailers Two part tariffs Vertical contracts
URLhttps://cepr.org/publications/dp8029
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/536866
推荐引用方式
GB/T 7714
Pierre Dubois,Céline Bonnet. DP8029 Non Linear Contracting and Endogenous Buyer Power between Manufacturers and Retailers: Empirical Evidence on Food Retailing in France. 2010.
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