Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/82427 
Year of Publication: 
1999
Series/Report no.: 
Sveriges Riksbank Working Paper Series No. 87
Publisher: 
Sveriges Riksbank, Stockholm
Abstract: 
This paper examines retail grocery price levels with a very large (unbalanced) panel of stores that operate in well-defined local markets. We explain price variation across grocery retailers by the concentration of wholesalers and retailers, and the market share of hypermarkets (and control for a number of store and region specific factors). Our most important result is that concentration at the wholesale level is an important determinant of retail prices. The price effect of retail concentration and hypermarket market share are statistically significant but small in conomic terms.
Subjects: 
Firm concentration
market structure
price competition
grocery retail
grocery wholesale
JEL: 
D43
L13
L81
Document Type: 
Working Paper

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