Competition in the Saudi Arabian rice market

被引:0
|
作者
Alamri, Yosef [1 ]
Reed, Michael [2 ]
Saghaian, Sayed [2 ]
机构
[1] King Saud Univ, Dept Agr Econ, POB 2460, Riyadh 14511, Saudi Arabia
[2] Univ Kentucky, Dept Agr Econ, Lexington, KY 40546 USA
来源
关键词
inverse residual demand; Lerner index; rice; elasticity; DEMAND;
D O I
暂无
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
This study aims to examine the intense competition in the Saudi Arabian rice market. The inverse residual demand methods, as proposed by Reed & Saghaian (2004), were estimated using 2SLS for rice exporters to Saudi Arabia during the period 1993-2014. After testing the model for various specifications, it was found that Australia, India, and Pakistan had market power in the Saudi market, while Egypt faced a perfectly elastic demand curve. India had the highest rice mark up and Australia had the lowest. We found Thailand and the US had positive inverse residual demand elasticity, which means no market power.
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页码:275 / 281
页数:7
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