The Sweezy model of price competition among private labels of chain stores
Roman Svoboda, Lenka Kopecka
https://doi.org/10.17221/355/2015-AGRICECONCitation:Svoboda R., Kopecka L. (2017): The Sweezy model of price competition among private labels of chain stores. Agric. Econ. – Czech, 63: 299-307.The aim of the paper is to verify and explain the actual effects of the Sweezy oligopoly model and its eventual impact on the consumer demand and the structure of the food supply of chain stores. The methodology of the paper is based on a comparative analysis of the structure of commodities of chain stores in the Czech Republic in terms of consumer demand and its change over time. An example of this model behaviour of firms may be the competition between two supermarket chains Billa and Kaufland in the market with private label products (e.g. pork meat). Results of the analysis of the Sweezy model imply that the change in company costs due to higher prices of inputs does not affect product prices and this is the reason behind the rigidity of prices in the oligopolistic markets in the Sweezy model.
consumer demand, food, oligopoly, pork neck, rigidity of prices
References:Impact factor (Web of Science):
2019: 1.106
Q3 – Economics
5-Year Impact Factor: 1.209
SCImago Journal Rank (SCOPUS):
New Issue Alert
Join the journal on Facebook!
Ask for email notification.
Similarity Check
All the submitted manuscripts are checked by the CrossRef Similarity Check.
Referred to in
Agricola
Agrindex of AGRIS/FAO database
CAB Abstracts
Czech Agricultural and Food Bibliography
CNKI
DOAJ (Directory of Open Acces Journals)
EBSCO – Academic Search Ultimate
FSTA (formerly Food Science and Technology Abstracts)
GoogleScholar
ISI Web of Knowledge®
J-Gate
Scopus
Web of Science®
Licence terms
All content is made freely available for non-commercial purposes, users are allowed to copy and redistribute the material, transform, and build upon the material as long as they cite the source.
Open Access Policy
This journal provides immediate open access to its content on the principle that making research freely available to the public supports a greater global exchange of knowledge.
Contact
Ing. Vendula Pospíšilová, Ph.D.
Executive Editor
e-mail: agricecon@cazv.cz
Address
Agricultural Economics (Zemědělská ekonomika)
Czech Academy of Agricultural Sciences
Slezská 7, 120 00 Praha 2, Czech Republic