Environmental Regulation, Market Power and Price Discrimination in the Agricultural Chemical Industry



Abstract

Chemical companies generally support environmental regulatory segregation Canadian
and U.S. agricultural chemical markets, apparently because it enables them to practice
third order price discrimination. This study provides new cross section evidence that
suggests price discrimination is practiced. We examine the potential implications
chemical market desegregation for agricultural chemical prices, farmer welfare, and
consumer welfare.

Key words: price discrimination, agricultural chemicals, economic welfare



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