Prices and market structure: an empirical analysis of the supermarket industry in Chile

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dc.contributor.authorLira, Loreto
dc.contributor.authorUgarte, Magdalena
dc.contributor.authorVergara, Rodrigo
dc.date.accessioned2025-01-20T23:58:49Z
dc.date.available2025-01-20T23:58:49Z
dc.date.issued2012
dc.description.abstractThis article investigates empirically the relationship between market structure and consumer prices in the supermarket industry in Chile. A panel of monthly data from 16 cities in the period January 1998-September 2006 is used. We find that, the more concentrated the industry in a city, the higher the prices, while the participation of major national chains in cities tends to lower prices. In terms of magnitude, this latter effect prevails over the former. Moreover, the dominant local chain is found to behave differently depending on whether or not one of the national chains is present in the city. Finally, we find that prices rise when a national chain acquires another chain and both were previously in a city (inmerge) while if only one of the two was present (outmerge), prices fall.
dc.fuente.origenWOS
dc.identifier.doi10.1080/00036846.2011.595689
dc.identifier.issn0003-6846
dc.identifier.urihttps://doi.org/10.1080/00036846.2011.595689
dc.identifier.urihttps://repositorio.uc.cl/handle/11534/95265
dc.identifier.wosidWOS:000301653200005
dc.issue.numero36
dc.language.isoen
dc.pagina.final4744
dc.pagina.inicio4731
dc.revistaApplied economics
dc.rightsacceso restringido
dc.subjectprices
dc.subjectretail
dc.subjectmarket structure
dc.subjectconcentration
dc.subject.ods09 Industry, Innovation and Infrastructure
dc.subject.odspa09 Industria, innovación e infraestructura
dc.titlePrices and market structure: an empirical analysis of the supermarket industry in Chile
dc.typeartículo
dc.volumen44
sipa.indexWOS
sipa.trazabilidadWOS;2025-01-12
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