Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/50500 
Full metadata record
DC FieldValueLanguage
dc.contributor.authorHerrmann, Rolanden
dc.contributor.authorMöser, Ankeen
dc.date.accessioned2011-10-06T16:33:09Z-
dc.date.available2011-10-06T16:33:09Z-
dc.date.issued2003-
dc.identifier.urihttp://hdl.handle.net/10419/50500-
dc.description.abstractIn many industrialized countries, the grocery-retailing sector exhibits a strong and increasing market concentration. Hence, it is important to understand retail pricing for many questions related to market power in the marketing chain and to agricultural and food policies. We analyze intertemporal pricing of grocery retailers in Germany with a large set of scanner data for processed foods. In theory, food prices could be rather variable, e.g. due to fluctuating commodity prices in a competitive world, or rather rigid, e.g. due to price adjustment costs. We elaborate that retail sales are crucial and raise food price variability at the points of sale. Despite this, prices are rather rigid and often do not change for many weeks. Moreover, pricing strategies for identical brands vary strongly across retailers. Retailers seem to have differential pricing strategies and, thus, market power. This casts substantial doubt on the assumption of a competitive price transmission in the marketing channel underlying most analyses in agricultural economics.en
dc.language.isoengen
dc.publisher|aJustus-Liebig-Universität Gießen, Zentrum für Internationale Entwicklungs- und Umweltforschung (ZEU) |cGiessenen
dc.relation.ispartofseries|aDiscussion Paper |x11en
dc.subject.ddc330en
dc.subject.keywordGrocery retailing sectoren
dc.subject.keywordpricing patternsen
dc.subject.keywordsalesen
dc.subject.keywordprice rigidityen
dc.subject.keywordscanner dataen
dc.subject.stwBetriebliche Preispolitiken
dc.subject.stwLebensmitteleinzelhandelen
dc.subject.stwZeitpräferenzen
dc.subject.stwNahrungsmittelpreisen
dc.subject.stwPreisrigiditäten
dc.subject.stwSchätzungen
dc.subject.stwTheorieen
dc.subject.stwDeutschlanden
dc.titlePrice variability or rigidity in the food-retailing sector? Theoretical analysis and evidence from German scanner data-
dc.typeWorking Paperen
dc.identifier.ppn82333421Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:zeudps:26464en

Files in This Item:
File
Size
226.07 kB





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