MONOPSONY POWER IN MULTIPLE INPUT MARKETS: A Nonparametric Approach

dc.creatorRaper, Kellie Curry
dc.creatorLove, H. Alan
dc.date2017-04-01T19:52:12Z
dc.date.accessioned2026-07-09T03:02:02Z
dc.descriptionCigarette manufacturers' monopsony power exertion in procuring domestic and imported tobacco is investigated using nonparametric methods. While it is often assumed that tobacco program rents are captured by growers, results indicate the opposite actually occurs. Cigarette manufacturers appear to exert significant monopsony power in the domestic leaf tobacco market and capture a large portion of program rents. Cigarette manufacturers appear to exert monopsony power of much smaller magnitude in the international leaf tobacco market, but with increasing magnitude in more recent years.
dc.identifierdoi:10.22004/ag.econ.11656
dc.identifierhttps://ageconsearch.umn.edu/record/11656/files/sp99-62.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/11656
dc.identifier.urihttp://hdl.handle.net/123456789/525213
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/11656
dc.titleMONOPSONY POWER IN MULTIPLE INPUT MARKETS: A Nonparametric Approach
dc.typeText

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