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dc.contributor.authorHerrmann, Rolanden_US
dc.contributor.authorMöser, Ankeen_US
dc.date.accessioned2011-10-06T16:33:09Z-
dc.date.available2011-10-06T16:33:09Z-
dc.date.issued2003en_US
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_US
dc.language.isoengen_US
dc.publisherJustus-Liebig-Univ., ZEU Giessenen_US
dc.relation.ispartofseriesDiskussionsbeiträge // Zentrum für internationale Entwicklungs- und Umweltforschung 11en_US
dc.subject.ddc330en_US
dc.subject.keywordGrocery retailing sectoren_US
dc.subject.keywordpricing patternsen_US
dc.subject.keywordsalesen_US
dc.subject.keywordprice rigidityen_US
dc.subject.keywordscanner dataen_US
dc.subject.stwBetriebliche Preispolitiken_US
dc.subject.stwLebensmitteleinzelhandelen_US
dc.subject.stwZeitpräferenzen_US
dc.subject.stwNahrungsmittelpreisen_US
dc.subject.stwPreisrigiditäten_US
dc.subject.stwSchätzungen_US
dc.subject.stwTheorieen_US
dc.subject.stwDeutschlanden_US
dc.titlePrice variability or rigidity in the food-retailing sector? Theoretical analysis and evidence from German scanner dataen_US
dc.typeWorking Paperen_US
dc.identifier.ppn362683964en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:zeudps:26464-
Appears in Collections:Discussion Papers, ZEU, JLU Gießen

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