Market Power Analysis in Mongolian Wheat Industry
Mongolia has been in transition from a planned economy to a market economy for more than 20 years.In many sectors of the economy,it is necessary to define which market mechanisms exist.Grain is important economic sector of the Mongolian economy.The current state of the wheat market was studied based on NEIO research methods.In this study,the data for years from 2000 to 2017 and from 2007 to 2017 about wheat and wheat seed sector were taken through 6 indicators.We estimated the supply and demand functions for wheat and wheat seed.Using these functions,we defined market behavior,cost function,price elasticities,and market equilibrium.The capacity setting for product prices of wheat producers is weak,and this market is likely free-style competition.
NEIO market power market equilibrium demand supply market distortion
P.Erdenebat B.Purev
Otgontenger University,Ulaanbaatar,Mongolia School of Economics and Business,MULS,Ulaanbaatar,Mongolia
国际会议
呼和浩特
英文
231-241
2019-12-06（万方平台首次上网日期，不代表论文的发表时间）