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| Fousekis, Panos. |
| The paper analyzes quality choices in a vertical structure involving a monopolist food manufacturer (national brand-NB producer) and a monopolist retailer supplying both the national brand as well as a private label (PL). The analysis is based on a threestage dynamic game. According to the results, in the Nash equilibrium the two players choose the maximum possible qualities for their products. This means that the B food manufacturer seeks the maximum product differentiation, while the LP retailer seeks the minimum product differentiation. The behavior of the two players appears to be consistent with actual developments in the food markets as well as with earlier empirical studies documenting the efforts of NB food manufacturers to increase product... |
| Tipo: Article |
Palavras-chave: Quality Choice; Ational Brand; Private Label; Agribusiness; D21; Q13. |
| Ano: 2010 |
URL: http://purl.umn.edu/118673 |
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| Fousekis, Panos; Klonaris, Stathis. |
| The study of spatial price relationships helps to explain market performance and the degree of market integration. This paper provides an empirical analysis of the long- and short-run price linkages in the olive oil market of the Mediterranean using Time Series techniques. The empirical results suggest the existence of a stable long-run relationships among prices in Spain, Italy, and Greece. They also suggest that the major producer and exporter (Spain) is the price leader while Greece and Italy are the followers. |
| Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
| Ano: 2002 |
URL: http://purl.umn.edu/26461 |
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| Fousekis, Panos. |
| Stochastic kernels are used in this paper to investigate intra-distribution dynamics in the world per capita intakes of proteins and fats. The analysis of actual transitions over the last 40 years indicates that lagging countries improved their position relative to the leading. Long-run (steady-state) distributions have been obtained using estimated intake change models. These distributions have been compared to “virtual” ones revealing that the income elasticity of demand or equivalently the rate of growth in per capita income does have a strong influence on the dispersion of intakes at the steady-state. |
| Tipo: Journal Article |
Palavras-chave: Nutrient Intakes; Stochastic Kernels; Agricultural and Food Policy; Q1; D12; C14. |
| Ano: 2009 |
URL: http://purl.umn.edu/58279 |
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| Fousekis, Panos; Spathis, Pavlos; Tsimboukas, Konstantinos. |
| The objective of this paper is the measurement and decomposition of the overall efficiency of sheep farming in mountainous areas of Greece. To this end, both a Constant Returns to Scale (CRS) and a Variable Returns to Scale (VRS) DEA model has been applied to a sample to 101 farms located in the mountainous areas of Epirus, Sterea, and Thessaly. The empirical results suggest: a) the average overall efficiency ratio in the sample is about 80 percent; b) the pure technical and the scale efficiency are of almost equal importance in the determination of the overall efficiency. Therefore, CRS DEA models will tend to underestimate systematically the level of pure technical efficiency; c) there are differences in the overall efficiency ratios across the three... |
| Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries. |
| Ano: 2001 |
URL: http://purl.umn.edu/26423 |
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| Fousekis, Panos; Lazaridis, Panagiotis. |
| Nonparametric (Kernel) regression analysis and micro-data from the Family Budget Survey (FBS) are used in this paper to estimate and to compare the Engel curves for food demand of the urban and the rural households. The empirical results suggest that the Characteristic Substitution Effects (CSEs) are not constant but vary considerably with the total consumption outlay. They also suggest that the Working-Leser hypothesis, according to which shares are linear in logarithmic expenditure, is consistent with the food demand patterns in Greece. |
| Tipo: Journal Article |
Palavras-chave: Consumer/Household Economics. |
| Ano: 2001 |
URL: http://purl.umn.edu/26433 |
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| Fousekis, Panos; Revell, Brian J.. |
| A differential approach is employed to analyze demand for meat in the United Kingdom during 1989-99. Differential demand systems with fixed price effects (Rotterdam and CBS) better explain consumers retail purchase allocation decisions for beef, lamb, pork, bacon and poultry compared with models containing variable price effects (NBR and differential AIDS). The real expenditures and the Hicksian demand elasticities are generally found to be quite different from earlier studies using AIDS models. A quality change index of meat consumption is constructed from the estimated CBS model estimation results and decomposed into real expenditure, substitution, trend, seasonal and residual effects. |
| Tipo: Journal Article |
Palavras-chave: Meat demand; Differential approach; Model selection; UK; Demand and Price Analysis. |
| Ano: 2000 |
URL: http://purl.umn.edu/15401 |
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| Fousekis, Panos. |
| The paper provides estimates of productivity growth in the 4-digit SIC food and beverages manufacturing industries in the US for the period 1986-96 using Balk's (2001) decomposition of the Malmquist productivity index (MPI). The empirical results suggest that for the overwhelming majority of industries productivity changes we driven primarily by technical change and technical efficiency change. A comparison between the Divisia index estimates provided by the US NBER and the MPI estimates shows that they had different distributions and the former were systematically lower than the latter. |
| Tipo: Journal Article |
Palavras-chave: Productivity Analysis. |
| Ano: 2003 |
URL: http://purl.umn.edu/26443 |
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| Fousekis, Panos; Lazaridis, Panagiotis. |
| This paper investigates the law of motion for the cross-section distribution of dietary energy supply (DES) in the world. This has been pursued using the distribution approach and a panel of 152 countries for the period 1961-2001. According to the empirical results, persistence in caloric intakes dominates in the short-run. With time, however, upwards mobility gains momentum and the world is moving towards a long-run distribution, which is strongly skewed to the left. The estimated expected first passage times from extreme under-supply to higher intake levels are consistent with speculations that most of the developing countries will attain the 3000 kcal per person per day level by the year 2030. |
| Tipo: Journal Article |
Palavras-chave: Caloric intakes; Mobility; World; Food Consumption/Nutrition/Food Safety; C10; D12. |
| Ano: 2005 |
URL: http://purl.umn.edu/44097 |
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| Fousekis, Panos. |
| Panel data from 14 EU member states and non parametric techniques are used in this paper to investigate the relationship between food prices and real per capita incomes. The empirical results suggest that the Penn Effect largely holds for Total Food prices but not for the prices of certain among the seven disaggregate food commodities considered. In particular, for Cereals, for Fats and Oils, and for Other food products poorer countries are likely to face prices no lower than those prevailing in richer ones |
| Tipo: Journal Article |
Palavras-chave: Food Prices; Living Standards; EU; Agricultural and Food Policy; Q11; C14. |
| Ano: 2009 |
URL: http://purl.umn.edu/58057 |
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