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Price discrimination and pricing to market behavior of Black sea region wheat exporters

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  • Gafarova, Gulmira
  • Perekhozhuk, Oleksandr
  • Glauben, Thomas

Abstract

As a result of some important changes in the international wheat market, market shares of leading exporters have recently altered. The Black Sea region countries – Kazakhstan, Russia and Ukraine have become important wheat exporters. Consequently, the pricing behavior of these countries has become a key issue. By applying the pricing-to-market model to annual wheat exports, this study analyses price discriminating behavior of the KRU exporters in foreign markets during 1996-2012. The results demonstrate that even though the KRU countries are able to exercise price discrimination in some importing countries, they usually face perfect competition in most destinations.

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  • Gafarova, Gulmira & Perekhozhuk, Oleksandr & Glauben, Thomas, 2014. "Price discrimination and pricing to market behavior of Black sea region wheat exporters," 2014 International Congress, August 26-29, 2014, Ljubljana, Slovenia 182656, European Association of Agricultural Economists.
    • Handle: RePEc:ags:eaae14:182656
    DOI: 10.22004/ag.econ.182656
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    Cited by:

    1. Gafarova, Gulmira & Perekhozhuk, Oleksandr & Glauben, Thomas, 2015. "An econometric analysis of market power in Azerbaijani wheat market: Evidence from Kazakhstan and Russia," 2015 Conference, August 9-14, 2015, Milan, Italy 211642, International Association of Agricultural Economists.
    2. Philip Dawson & Matthew Gorton & Carmen Hubbard & Lionel Hubbard, 2017. "Pricing-To-Market Analysis: The Case of EU Wheat Exports," Journal of Agricultural Economics, Wiley Blackwell, vol. 68(1), pages 301-315, February.
    3. Rahman, Mohammad Chhiddikur, 2020. "Welfare Impact of Asymmetric Price Transmission on Bangladesh Rice Consumers," EconStor Theses, ZBW - Leibniz Information Centre for Economics, number 242248, September.
    4. Svanidze, Miranda, 2020. "Spatial market efficiency of grain markets in the post-Soviet countries and implications for global food security," Studies on the Agricultural and Food Sector in Transition Economies 310043, Institute of Agricultural Development in Transition Economies (IAMO).
    5. Goretzki, Philipp & Perekhozhuk, Oleksandr & Glauben, Thomas & Loy, Jens-Peter, 2019. "Price discrimination and market power in the international fertiliser market: Empirical evidence for exports from Russia," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 5(2), pages 5-24.
    6. Svanidze, Miranda, 2020. "Spatial market efficiency of grain markets in the post-Soviet countries and implications for global food security," Studies on the Agricultural and Food Sector in Transition Economies, Leibniz Institute of Agricultural Development in Transition Economies (IAMO), volume 96, number 96.
    7. Uhl Kerstin Marit & Perekhozhuk Oleksandr & Glauben Thomas, 2019. "Russian Market Power in International Wheat Exports: Evidence from a Residual Demand Elasticity Analysis," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 17(2), pages 1-13, November.
    8. repec:zbw:iamost:310043 is not listed on IDEAS
    9. Gafarova, Gulmira & Perekhozhuk, Oleksandr & Glauben, Thomas, 2017. "Analysis Of Oligopolistic Behaviour Of Kazakh And Russian Exporters In The South Caucasus Wheat Market," 2017 International Congress, August 28-September 1, 2017, Parma, Italy 261429, European Association of Agricultural Economists.
    10. Gafarova, Gulmira & Perekhozhuk, Oleksandr & Glauben, Thomas, 2023. "The Oligopolistic Behavior of Kazakh and Russian Wheat Exporters in the South Caucasus: Evidence from a Residual Demand Elasticity Analysis," GEWISOLA 63rd Annual Conference, Goettingen, Germany, September 20-22, 2023 344230, GEWISOLA.
    11. Gulmira Gafarova & Oleksandr Perekhozhuk & Thomas Glauben, 2023. "The Oligopolistic Behavior of Kazakh and Russian Wheat Exporters in the South Caucasus: Evidence from a Residual Demand Elasticity Analysis," Journal of Industry, Competition and Trade, Springer, vol. 23(1), pages 1-32, June.
    12. Goretzki, Philipp & Perekhozhuk, Oleksandr & Glauben, Thomas & Loy, Jens-Peter, 2017. "Market power in the international fertiliser market: empirical evidence for exports from Russia," 2017 International Congress, August 28-September 1, 2017, Parma, Italy 261173, European Association of Agricultural Economists.
    13. Balogh, J.M., 2018. "Analyzing the pricing to market behavior of the New World on EU wine market," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 276995, International Association of Agricultural Economists.
    14. Imamverdiyev, Nizami & Anders, Sven & Glauben, Thomas & Perekhozhuk, Oleksandr & Prehn, Soren, 2015. "Determinants of Trade Duration of Kazakhstan's Wheat Exports," 2015 Conference, August 9-14, 2015, Milan, Italy 211788, International Association of Agricultural Economists.
    15. Uzun, Vasily (Узун, Василий) & Svetlov, Nikolai (Светлов, Николай) & Shagaida, Natalia (Шагайда, Наталья) & Loginova, Daria (Логинова, Дарья) & Shishkina, Ekaterina (Шишкина, Екатерина), 2017. "Improvement of Mechanisms of State Regulation of the Russian Grain Market [Совершенствование Механизмов Государственного Регулирования Российского Рынка Зерна]," Working Papers 051736, Russian Presidential Academy of National Economy and Public Administration.
    16. Jaghdani, Tinoush Jamali & Glauben, Thomas & Prehn, Sören & Götz, Linde & Svanidze, Miranda, 2023. "The Stability of Global Wheat Trade Network in the Post-Soviet Era: Trade Duration Approach," GEWISOLA 63rd Annual Conference, Goettingen, Germany, September 20-22, 2023 344241, GEWISOLA.

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    More about this item

    Keywords

    Demand and Price Analysis; International Relations/Trade;

    JEL classification:

    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • Q11 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Aggregate Supply and Demand Analysis; Prices
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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