Price discrimination and pricing to market behavior of Black sea region wheat exporters
No hay miniatura disponible
Fecha
Título de la revista
ISSN de la revista
Título del volumen
Editor
Resumen
Descripción
As a result of some important changes in the international wheat market, market shares of leading exporters have recently altered. The Black Sea region countries – Kazakhstan, Russia and Ukraine have become important wheat exporters. Consequently, the pricing behavior of these countries has become a key issue. By applying the pricing-to-market model to annual wheat exports, this study analyses price discriminating behavior of the KRU exporters in foreign markets during 1996-2012. The results demonstrate that even though the KRU countries are able to exercise price discrimination in some importing countries, they usually face perfect competition in most destinations.