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Record W2101056072 · doi:10.4038/sjae.v5i0.3477

Estimating Market Power of Tea Processing Sector

2011· article· en· W2101056072 on OpenAlexaboutno aff
Jeevika Weerahewa

Bibliographic record

VenueSri Lankan Journal of Agricultural Economics · 2011
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicEconomics of Agriculture and Food Markets
Canadian institutionsnot available
Fundersnot available
KeywordsEconomicsSri lankaMarket powerLerner indexAgricultural economicsPrice elasticity of demandSupply and demandOligopolyMicroeconomicsMarket economyWelfare

Abstract

fetched live from OpenAlex

It is generally believed that the food processing sector can exercise market power on raw material producers and final consumers. The objective of this study was to assess the degree of oligopoly and oligopsony power of the tea-processing sector. A partial equilibrium model was developed for the world market for tea, treating India, Kenya and Sri Lanka as raw tea producers and Canada, United Kingdom and the United States of America as tea consumers. An imperfectly competitive tea-processing sector was incorporated in the model allowing conjectural variation elasticity to represent the degree of market power. The model was econometrically estimated using the two-stage least square estimation procedure. Results of the econometric estimation show that all the market power estimates are statistically significant. The conjectural elasticity values in the input market are 0.0516, 0.0015 and 0.1657 for India, Kenya and Sri Lanka respectively. The conjectural variation elasticity in the output market is 0.1273. The elasticity of supply with respect to own prices are 0.0791, 0.2268 and 0.2060 for India, Kenya and Sri Lanka respectively. The elasticity of demand with respect to own prices are –0.4720, –0.1556 and –0.1237 for Canada, United Kingdom and the United States respectively. The resulting Learner Index for Sri Lanka is very small indicating that Sri Lankan tea producers are not significantly exploited by tea processors. DOI: http://dx.doi.org/10.4038/sjae.v5i0.3477 SJAE 2003; 5(1): 69-82

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.008
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.006
Threshold uncertainty score0.013

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0020.008
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.001
Bibliometrics0.0010.001
Science and technology studies0.0000.000
Scholarly communication0.0010.001
Open science0.0000.001
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0040.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.024
GPT teacher head0.183
Teacher spread0.159 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations12
Published2011
Admission routes1
Has abstractyes

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