COMPETITION AND CEMENT BASING POINTS: F.O.B. DESTINATION, DELIVERED FROM WHERE?*
研究了水泥行业中基点定价的形成是否受竞争驱动,通过模型检验发现竞争假说缺乏支持,大生产商可能主导了基点的选择。
ABSTRACT Spatial price theory suggests that locations which become basing points do so in response to competitive forces. The paper presents a model that captures the effect of those forces. When the model is tested against a sample of cement mills, there is little support for the competitive hypothesis. There is some evidence that the large cement producers determined which locations became basing points.