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- W2269403607 abstract "Market power, or more specifically pricing conduct of intermediaries, has important implications for agricultural development. Farmers often face market power exerted by intermediaries that can significantly influence price and quantity flow in the marketplace and affect both the wellbeing of farmers and the allocative efficiency of these markets. Thus, identifying the determinants of pricing conduct would provide useful information to policymakers. Although previous empirical work has focused on testing the existence of noncompetitive pricing conduct and measuring its degree, analyses of the sources of market power and the ensuing pricing conduct are lacking.' It is widely recognized, however, that pricing conduct depends on service provision, advertising, and development of new techniques of production.2 Of particular importance in developing agricultural economies is the prevalence and various dimensions of nonprice arrangements. They involve vertical arrangements between firms and their suppliers such as the provision of key or tied inputs to farmers, technical services, and credit, as well as horizontal arrangements such as those articulated through marketing associations or boards. The objective of this paper is to examine the determinants of pricing conduct in the Haitian coffee market and, in particular, the effect of nonprice arrangements on pricing conduct. To accomplish this, first, we review the features of the Haitian coffee market. Then, we conduct conceptual and empirical analyses of the determinants of farm-level coffee prices. Finally, we discuss some implications for government policy derived from the analyses." @default.
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- W2269403607 date "1991-01-01" @default.
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- W2269403607 title "An analysis of pricing in the Haitian coffee market" @default.
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