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Keywords: Oligopoly power
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Journal Articles
Journal:
China Agricultural Economic Review
China Agricultural Economic Review (2020) 12 (1): 57–70.
Published: 15 August 2019
... show that price-taking behavior is rejected at both upstream and downstream markets, indicating the existence of both oligopoly and oligopsony powers. Furthermore, we find that the degree of oligopsony power is much larger than the degree of oligopoly power. This is consistent with higher inflation...
