Food Cart Economics: A Comprehensive Analysis of Portland's Street Food Market
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Date
2014-03
Authors
Glicker, Jake Jamal
Journal Title
Journal ISSN
Volume Title
Publisher
University of Oregon
Abstract
Defined by an eclectic collection of food carts, the market for street food in
Portland, Oregon experienced an explosive expansion from 2006 to 2011. I seek to
understand why and how this growth occurred. My research identifies a unique
combination of cultural, regulatory, and economic factors contributed to initial
development and my econometric model of exit probability and robust firm-level
dataset describe the characteristics of market growth. I interpret observed trends
in the context of fundamental economic theories of industrial organization and
market interaction, testing the applicability of theoretical microeconomic
relationships in real-world scenarios.
Description
87 pages. A thesis presented to the Department of Economics and the Clark Honors College of the University of Oregon in partial fulfillment of the requirements for degree of Bachelor of Science, Spring 2014.
Keywords
Economics, Market analysis, Competition, Industrial organization, Market structure, Food carts, Street food