Market power analysis in Mongolian wheat industry

dc.contributor.authorPurev, Erdenebat
dc.contributor.authorByamba, Purev
dc.date.issued2020-12-31
dc.description.abstractMongolia 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 occupies important economic sector in Mongolian economy. The current state of the wheat market has been 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.en
dc.formatapplication/pdf
dc.identifier.citationApplied Studies in Agribusiness and Commerce, Vol. 14 No. 3-4 (2020) , 71-76
dc.identifier.doihttps://doi.org/10.19041/APSTRACT/2020/2-3/8
dc.identifier.eissn1789-7874
dc.identifier.issn1789-221X
dc.identifier.issue3-4
dc.identifier.jatitleAPSTRACT
dc.identifier.jtitleApplied Studies in Agribusiness and Commerce
dc.identifier.urihttps://hdl.handle.net/2437/320922en
dc.identifier.volume14
dc.languageen
dc.relationhttps://ojs.lib.unideb.hu/apstract/article/view/9834
dc.rights.accessOpen Access
dc.rights.ownerUniversity of Debrecen, Faculty of Economics and Business, Hungary
dc.subjectNEIOen
dc.subjectwheaten
dc.subjectmarket poweren
dc.subjectmarket equilibriumen
dc.subjectmarket distortionen
dc.titleMarket power analysis in Mongolian wheat industryen
dc.typefolyóiratcikkhu
dc.typearticleen
dc.type.detailedidegen nyelvű folyóiratközlemény hazai lapbanhu
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