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The Canadian Baking Industry: A Study of an Imperfect Market

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  • Lloyd G. Reynolds

Abstract

I. Leading features of the industry: concentration of output, 660; excess capacity, 663; selling costs, 665; price-agreement, 667; the small baker, 668; chain-store buying, 670.— II. The theory of pure competition inadequate to explain the industry's behavior, 672; the industry viewed as a case of monopolistic competition embracing both product differentiation and oligopoly, 675.

Suggested Citation

  • Lloyd G. Reynolds, 1938. "The Canadian Baking Industry: A Study of an Imperfect Market," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 52(4), pages 659-678.
    • Handle: RePEc:oup:qjecon:v:52:y:1938:i:4:p:659-678.
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    File URL: http://hdl.handle.net/10.2307/1885038
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    Cited by:

    1. Chris Minns & Mary MacKinnon, 2007. "The costs of doing hard time: a penitentiary-based regional price index for Canada, 1883-1923," Canadian Journal of Economics, Canadian Economics Association, vol. 40(2), pages 528-560, May.
    2. repec:tcd:wpaper:tep1 is not listed on IDEAS

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