Imperfect competition between florida and são paulo (Brazil) orange juice producers in the U.S. and european markets

Jeff Luckstead, Stephen Devadoss, Ron C. Mittelhammer

Research output: Contribution to journalArticlepeer-review

5 Scopus citations

Abstract

We develop a strategic trade model to analyze the oligopolistic competition between Florida and São Paulo processors in the U.S. orange juice market and São Paulo processors in the European orange juice market. We obtain analytical results of the effects of changes in trade liberalization. A structural econometric model is derived from the theoretical model, and the new empirical industrial organization literature is used to estimate the market power of Florida and São Paulo producers. We simulate the effects of U.S. and European tariff reductions on prices, quantities, and trade volume.

Original languageEnglish
Pages (from-to)164-178
Number of pages15
JournalJournal of Agricultural and Resource Economics
Volume40
Issue number1
StatePublished - Jan 1 2015

Keywords

  • Market power
  • NEIO
  • Orange juice
  • Strategic trade policy

Fingerprint Dive into the research topics of 'Imperfect competition between florida and são paulo (Brazil) orange juice producers in the U.S. and european markets'. Together they form a unique fingerprint.

Cite this