Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/23595 
Year of Publication: 
2003
Series/Report no.: 
FE Working Paper No. 0303
Publisher: 
Kiel University, Department of Food Economics and Consumption Studies, Kiel
Abstract: 
Substantial increases in retail concentration (particularly in Europe) raise concerns about the welfare implications for consumers. In a formal model, we argue that retailer market power reduces upstream firms incentives to introduce new products. On the basis of a survey of firms in German food manufacturing, the results of a negative binomial regression model supports the proposition of a detrimental effect of retailer market power on product innovations. This effect is mitigated if manufacturing firms also have some market power (countervailing power). Innovations are positively related to firm?s market share in food manufacturing.
Subjects: 
Retailer market power
product innovation
food manufacturing
JEL: 
L1
O31
L66
Document Type: 
Working Paper

Files in This Item:
File
Size
217.92 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.