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VERTIKÁLIS INTEGRÁCIÓK AZ ÉLELMISZERGAZDASÁGBAN AgEcon
Szentirmay, Andras; Gergely, Istvan.
Az élelmiszergazdasági termékpályák különböző koordinációs mechanizmu-sai közül a vertikális integráció a legerőteljesebben összehangolt rendszer, amely napjainkban a legtöbb esetben önálló gazdasági szervezetekben (szövetkezetek-ben, vállalatokban stb.) összpontosul. A vertikális integrációk működésének alapelve ágazatoktól függetlenül rendkí-vül hasonló képet mutat, de az egyes ágazatok belső sajátosságainak köszönhetően más-más fejlődési stádiumig jutott el az élelmiszergazdaság különböző szektorai-ban. Az élel¬miszer-előállítás vertikális szervezésében az alapanyagokat szolgáltató mezőgazdasági termelés, és a készterméket előállító feldolgozóipar egyaránt érde-kelt, de az érdekeltséget mindkét fél esetében más-más tényezők indukálják. A vertikális...
Tipo: Journal Article Palavras-chave: Élelmiszeripari nagyvállalatok szerepe; Élelmiszuerbiztonság; Jövedelemképződés az élelmiszerláncban - role of food industry; Food safety; Profitability of food chain; Agricultural and Food Policy; Industrial Organization.
Ano: 2005 URL: http://purl.umn.edu/54298
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Concentration in Hungarian Food Retailing and Supplier-Retailer Relationships AgEcon
Juhasz, Aniko; Stauder, Marta.
The paper is a summary about the Hungarian retail sector based on the results of different research projects completed in the last five years. From all of these studies and of course the wide ranging domestic and international literature we had to conclude that the retailers have become more and more the exclusive owner of the information about the consumers and with this they become the new "captains" of the food chain. Thus we always started our research with gathering information about the situation of the Hungarian retail sector because we believed if we want to help those who try to adapt (the suppliers) then we have to know much more about those who dictate (the retailers). Analysing the concentration in company and not branch level we can say that...
Tipo: Conference Paper or Presentation Palavras-chave: Food retailing; Concentration; Market structure; Supplier-retailer relationships; Industrial Organization; D3; L81.
Ano: 2006 URL: http://purl.umn.edu/25766
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Identification of Supply Models of Retailer and Manufacturer Oligopoly Pricing AgEcon
Villas-Boas, Sofia Berto; Hellerstein, Rebecca.
This note outlines conditions under which we can identify a vertical supply model of multiple retailers' and manufacturers' oligopoly-pricing behavior. This is an important question particularly when the researcher believes, contrary to the traditional assumption followed in the empirical literature, that retailers may not be neutral pass-through intermediaries. We show that a data-set of an industry's product prices, quantities, and input prices over time is sufficient to identify the vertical model of retailers' and manufacturers' oligopoly-pricing behavior given nonlinear demand, for homogeneous-products industries, and given multi-product firms, for differentiated-products industries.
Tipo: Working or Discussion Paper Palavras-chave: Identification; Vertical relationships; Oligopoly models of multiple manufacturers and retailers.; Demand and Price Analysis; Industrial Organization; L13; L22.
Ano: 2004 URL: http://purl.umn.edu/25052
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An Analysis of Local Market Concentration Levels and Trends in the U.S. Grocery Retailing Industry AgEcon
Franklin, Andrew W.; Cotterill, Ronald W..
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Industrial Organization.
Ano: 1993 URL: http://purl.umn.edu/25173
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Food Industry Mergers and Acquisitions Lead to Higher Labor Productivity AgEcon
Ollinger, Michael; Nguyen, Sang V.; Blayney, Donald P.; Chambers, William; Nelson, Kenneth B..
Processing plants in eight major food industries were highly productive before being acquired and they significantly improved their labor productivity afterward, Economic Research Service and U.S. Census Bureau researchers found in their analysis of Census data. The plant-level data on production inputs and costs provided a detailed picture of food-production facilities involved in mergers and acquisitions. The industries are meatpacking, meat processing, poultry slaughtering and processing, cheese making, fluid milk processing, flour milling, feed processing, and oilseed crushing. The analysis suggests that mergers and acquisitions contributed to the general improvement in labor productivity, echoing an earlier ERS study. Labor productivity is defined as...
Tipo: Report Palavras-chave: Mergers; Acquisitions; Labor productivity; Consolidation; Structural change; Agribusiness; Industrial Organization; Productivity Analysis.
Ano: 2006 URL: http://purl.umn.edu/7246
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Response of Cotton to Oil Price Shocks AgEcon
Mutuc, Maria Erlinda M.; Pan, Suwen; Hudson, Darren.
Selected Paper prepared for presentation at the Southern Agricultural Economics Association Annual Meeting, Orlando, FL, February 6-9, 2010
Tipo: Conference Paper or Presentation Palavras-chave: Cotton; Oil price; Demand shocks; Supply shocks; Structural vector autoregression; Demand and Price Analysis; Industrial Organization.
Ano: 2010 URL: http://purl.umn.edu/96675
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Análise da estrutura de mercado na cadeia produtiva do leite no período de 1998 a 2008 AgEcon
Barros, Fabiano Luiz Alves; Lima, Joao Ricardo Ferreira de; Fernandes, Rosangela Aparecida Soares.
The dairy industry productive chain is among the most important domestic agricultural and cattle raising products, accounting for a significant part of agribusiness. In the last years, this sector has undergone significant structural changes, with increased participation of relatively smaller enterprises and reduced number of larger enterprises in the market. The aim of this work is to understand the dynamics between industry and retail performance and the effect on the prices paid to dairy producers. Specifically, this work aims to calculate the sector’s concentration indexes and causality indexes between the prices paid to the producer, the industry markup and the retail prices. Based on price temporal series, a VAR model was estimated and the Granger...
Tipo: Journal Article Palavras-chave: Market concentration; Dairy sector; Granger causality test; Industrial Organization.
Ano: 2010 URL: http://purl.umn.edu/95067
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Vertical Market Structure, Commodity Exports and Trade Reform AgEcon
McCorriston, Steve; Sexton, Richard J.; Sheldon, Ian M..
In the analysis of commodity markets, comparatively little attention is paid to the fact that commodity exports are intermediates that form inputs into the food processing and retail sectors in developed countries. Exporting countries correspondingly argue that access to developed country markets are determined by market structure characteristics of the downstream food sector. Given the vertical nature of these markets, they are most appropriately characterised by successive oligopoly and/or oligopsony. We explore trade policy issues facing commodity exporters, and show that the impact of tariff reform on commodity exporters is determined by the market structure characteristics of the downstream sectors.
Tipo: Conference Paper or Presentation Palavras-chave: Vertical market structure; Trade reform; Industrial Organization; International Relations/Trade; F12; Q17.
Ano: 2005 URL: http://purl.umn.edu/24754
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COMPETITIVE BEHAVIOR IN THE FOOD RETAILING INDUSTRY AgEcon
Park, Timothy A.; Weliwita, Ananda.
We develop a flexible model to examine competitive conditions in the food retailing industry based on the Box-Cox transformation of the demand and industry equilibrium conditions. The impact of key technological and market developments on shifts in the competitive index is examined. Adoption of optical scanning technology was positively related to the market power index but the index was stable and consistent with competitive conditions over the 1982-1992 period.
Tipo: Working or Discussion Paper Palavras-chave: Market power; Food retailing; Box-Cox model; Technological innovations; Agribusiness; Industrial Organization.
Ano: 1996 URL: http://purl.umn.edu/16680
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A Frictionless Marketplace Operating in a World of Extremes AgEcon
Wysocki, Allen F..
Tipo: Journal Article Palavras-chave: Industrial Organization; Marketing.
Ano: 2005 URL: http://purl.umn.edu/93606
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HOW FOREIGN DIRECT INVESTMENT HAS STIMULATED GROWTH IN THE CENTRAL AND EASTERN EUROPEAN AGRI-FOOD SECTORS: VERTICAL CONTRACTING AND THE ROLE OF PRIVATE ENFORCEMENT CAPITAL AgEcon
Gow, Hamish R.; Swinnen, Johan F.M..
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Industrial Organization.
Ano: 1998 URL: http://purl.umn.edu/31879
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Vertical Integration Comparison: Beef, Pork, and Poultry AgEcon
Ward, Clement E..
Tipo: Conference Paper or Presentation Palavras-chave: Industrial Organization; Livestock Production/Industries.
Ano: 1997 URL: http://purl.umn.edu/35759
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Will There Be a Concentration of Alikes? The Impact of Labor Market Structure on Industry Mix in the Presence of Product Market Shocks AgEcon
Stahl, Konrad; Walz, Uwe.
We analyze determinants of regional industry mix and focus especially on the influence of labor market characteristics. By combining a labor market pooling argument with an argument involving the cost of switching a worker from one firm to another, we show that in the presence of product market shocks there exists an interesting trade-off for the concentration of firms of the same industry in one region. Firms belonging to different industries are hedged against industry-specific shocks if they settle in the same region, but face higher switching costs (retraining costs for workers moving from one firm to another). In addition, with a given supply of labor there is an additional rationing effect affecting the location decisions of firms. Against the...
Tipo: Working or Discussion Paper Palavras-chave: Local labor market; Product market shocks; Industry structure; Imperfect competition; Industrial Organization; Labor and Human Capital; J4; L1; R3.
Ano: 2001 URL: http://purl.umn.edu/26362
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Supply Chain Issues in China’s Milk Adulteration Incident AgEcon
Gale, H. Frederick, Jr.; Hu, Dinghuan.
China’s melamine milk adulteration crisis highlights the challenges that arise as large well-capitalized companies procure raw materials from a diffused supply chain of scattered small farmers and milk collection stations. As milk prices climbed sharply in 2007 and companies branched out into new territories, intense competition for raw milk supplies strengthened incentives to water down and adulterate milk. Effective food safety measures must account for incentives, the distribution of market power in the supply chain and market dynamics.
Tipo: Conference Paper or Presentation Palavras-chave: China; Milk; Dairy industry; Food safety; Adulteration; Market structure; Supply chain; Agribusiness; Food Consumption/Nutrition/Food Safety; Industrial Organization; Livestock Production/Industries.
Ano: 2009 URL: http://purl.umn.edu/51613
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Contractual Arrangements of Traders in Chinese Wholesale Markets AgEcon
Yu, Xiaohua; Abler, David G.; Zeng, Yinchu.
Using a survey data of 700 traders, this study scrutinizes contract choices and enforcement for agricultural traders in China. This study finds that market service and environment are very important for both contract choices and enforcement. Better market service and environment can increase the propensity of using contract and the probability of contract enforcement both for purchase and sales of products. Education and memberships of special associations are also important for contract choices and enforcement. Higher education and affiliation to special associations for traders can increase the propensity of contracts and reduce contract breaches. However, the formats of contracts, whether contracts are oral or written, are not important for contract...
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural Contract; Trader; Wholesale Market; China; Agribusiness; Industrial Organization; International Development; Marketing; Risk and Uncertainty; L14; Q12; Q13.
Ano: 2009 URL: http://purl.umn.edu/51399
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THE NEW ECONOMICS OF DISTANCE: LONG-TERM TRENDS IN INDEXES OF SPATIAL FRICTION AgEcon
Ward, William A.; Bhattarai, Madhusudan; Huang, Pei.
Distance-related costs have changed at different rates across categories of resource flows and across modes and media between 1960 and 1998. The cost of moving knowledge/information has dropped much faster than the costs of moving people or materials. The costs of processing and moving information have dropped by 98% and 92% respectively, in real terms since 1960. In addition, there are big differences in the rates of change within the real costs of moving people using different travel modes--just as big differences exist within the real costs of moving materials using different modes. For example, the real costs of moving materials by domestic rail and inland waterway have decreased by 58% and 42% in real terms, respectively, while inter-city trucking...
Tipo: Working or Discussion Paper Palavras-chave: Industrial Organization.
Ano: 1999 URL: http://purl.umn.edu/18808
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Dynamic oligopoly: estimation and tests of market structure AgEcon
Karp, Larry S.; Perloff, Jeffrey M..
A linear-quadratic dynamic oligopoly model is developed and applied to the world coffee export market. The model nests various market structures using either open-loop or feedback strategies. The theoretical properties of this model are described. For given observed behavior, the assumption of feedback strategies implies a less competitive market structure than open-loop strategies.
Tipo: Working or Discussion Paper Palavras-chave: Industrial Organization; Research Methods/ Statistical Methods.
Ano: 1988 URL: http://purl.umn.edu/6105
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El sector industrial en el Perú: una visión de largo plazo AgEcon
Garland Hilbck, Gonzalo; Saavedra Chanduvi, Jaime.
Este documento analiza la evolución del sector industrial peruano, mostrando sus características más importantes en los últimos treinta años y poniendo énfasis en aquellos procesos que condicionaron el derrotero de largo plazo del sector; asimismo, se hace un análisis econométrico del comportamiento de cada subsector industrial.
Tipo: Working or Discussion Paper Palavras-chave: Sector industrial; Produccion industrial; Modelos econometricos; Industrial sector; Industrial production; Econometric models; Peru; Industrial Organization; Productivity Analysis; L10; L11; C50.
Ano: 1991 URL: http://purl.umn.edu/42264
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SPATIAL MARKET INTEGRATION IN REGIONAL CATTLE MARKETS AgEcon
Pendell, Dustin L.; Schroeder, Ted C..
Geographic markets are extremely important to agriculture because agricultural products are bulky and/or perishable and production and consumption areas are separated. This study investigates how mandatory price reporting has influenced the degree of spatial market integration between U.S. regional fed cattle markets. Results indicate the market prices across the regional cattle markets are cointegrated. In addition, the amount of time it took for one market to react to the other market’s change in price varied across the three time periods used in this study. This suggests mandatory price reporting has not substantially increased market integration.
Tipo: Conference Paper or Presentation Palavras-chave: Industrial Organization.
Ano: 2004 URL: http://purl.umn.edu/36265
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STRUCTURAL CHANGE, RENTS TRANSFERRING AND MARKET POWER IN THE INTERNATIONAL COFFEE MARKET: A TIME SERIES ANALYSIS AgEcon
Gomez, Miguel I.; Castillo, Mauricio.
The breakdown of the International Coffee Agreement (an oligopoly of exporting countries) in 1990 led to increasing competition for market share. We use an econometric model to examine the effects of the agreement's dissolution. Results suggest a transfer of rents from producers to wholesalers and little impact on consumers.
Tipo: Conference Paper or Presentation Palavras-chave: Industrial Organization.
Ano: 2001 URL: http://purl.umn.edu/20441
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