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Import competition and strategic group behavior

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dc.contributor.advisor Tremblay, Victor J.
dc.creator Nam, Kiseol
dc.date.accessioned 2012-10-16T21:19:29Z
dc.date.available 2012-10-16T21:19:29Z
dc.date.copyright 1996-06-21
dc.date.issued 1996-06-21
dc.identifier.uri http://hdl.handle.net/1957/34476
dc.description Graduation date: 1997 en_US
dc.description.abstract This study provides the model that first synthesizes strategic group theory with the New Empirical Industrial Organization (NEIO) approach in the international trade analysis, and uses the annual group data (1953-1988) from the U.S. brewing industry with two strategic groups (national producers and regional producers) in the presence of growing import competition. The main goal of study is to examine the impact of import and strategic group competition on strategic group behavior and market power in the U.S. brewing industry. Using the conjectural variation technique under the profit maximization assumption, the model estimates directly conjectural elasticities and the Lerner indexes incorporating firm behavior in competing with rivals from imports, and inside and outside each strategic group. The thesis shows the main following conclusions. Inside the group, national and regional brewers behave like Bertrand-type competitors and regional firms are more competitive than national firms. In the cross-group rivalry, national firms expect a cooperative response from regional brewers and regional firms expect an aggressive response from national producers. Holding possibly a sufficient niche market, import competition does not affect the behavior and market power of national and regional producers. As for over-all behavior, neither national nor regional firms behave like price-takers. National firms exert a significantly higher degree of market power than do regional firms, the market power of which appears to be harmed by national brewers. However, an average brewer exercises no market power in the industry as a whole. en_US
dc.language.iso en_US en_US
dc.subject.lcsh Brewing industry -- United States en_US
dc.subject.lcsh Competition -- United States en_US
dc.title Import competition and strategic group behavior en_US
dc.type Thesis/Dissertation en_US
dc.degree.name Doctor of Philosophy (Ph. D.) in Economics en_US
dc.degree.level Doctoral en_US
dc.degree.discipline Interdisciplinary Studies en_US
dc.degree.grantor Oregon State University en_US
dc.description.digitization File scanned at 300 ppi (Monochrome) using ScandAll PRO 1.8.1 on a Fi-6670 in PDF format. CVista PdfCompressor 4.0 was used for pdf compression and textual OCR. en_US
dc.description.peerreview no en_us

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