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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w29253 |
来源ID | Working Paper 29253 |
Hub and Spoke Cartels: Theory and Evidence from the Grocery Industry | |
Robert Clark; Ignatius Horstmann; Jean-François Houde | |
发表日期 | 2021-09-20 |
出版年 | 2021 |
语种 | 英语 |
摘要 | Numerous recently uncovered cartels operated along the supply chain, with firms at one end facilitating collusion at the other – hub-and-spoke arrangements. These cartels are hard to rationalize because they induce double marginalization and higher costs. We examine Canada’s alleged bread cartel and provide the first comprehensive analysis of hub-and-spoke collusion. We make three contributions: i) Using court documents and pricing data we provide evidence that collusion existed at both ends of the supply chain, ii) we show that collusion was effective, increasing inflation by about 40% and iii) we provide a model explaining why this form of collusion arose. |
主题 | Industrial Organization ; Market Structure and Firm Performance ; Antitrust |
URL | https://www.nber.org/papers/w29253 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586927 |
推荐引用方式 GB/T 7714 | Robert Clark,Ignatius Horstmann,Jean-François Houde. Hub and Spoke Cartels: Theory and Evidence from the Grocery Industry. 2021. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w29253.pdf(1324KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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