Pricing-to-Market at Firm Level: Evidence from the Russian Wheat Export Market

Kerstin Marit Friebel, Oleksandr Perekhozhuk and Thomas Glauben

No 156258, 53rd Annual Conference, Berlin, Germany, September 25-27, 2013 from German Association of Agricultural Economists (GEWISOLA)

Abstract: Russia emerged as an important wheat exporter in recent years raising the question how this will affect international wheat markets. In particular developing countries – the main destination of Russian wheat exports – could be harmed by an aggressive pricing behavior. This paper analyses the exertion of market power by Russian wheat exporting firms based on Krugman’s pricing-to-market (PTM) hypothesis. Adopting Knetter’s panel model, we find Russian PTM behavior in 37 out of 59 destination countries over the period 1998-2011.

Keywords: Agricultural and Food Policy; Crop Production/Industries; International Relations/Trade (search for similar items in EconPapers)
Pages: 2
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ags:gewi13:156258

DOI: 10.22004/ag.econ.156258

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