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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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Limited Food Access as an Equilibrium Outcome: An Empirical Analysis AgEcon
Bonanno, Alessandro; Chenarides, Lauren; Goetz, Stephan J..
Lack of access to nutritious and affordable food has become an important public policy issue in the U.S.: various interest groups are seeking to reverse a trend whereby certain areas lack larger, full-service grocery stores that provide “higher” quality foods. Based on game-theoretic findings suggesting that lack of food access can be an equilibrium outcome, we specify a model relating access to higher quality food stores to a vector of supply and demand factors, using seven years of county-level data for the contiguous U.S., and a constrained generalized ordered logit estimator. Our results suggest that demand side factors, especially market size (total income and SNAP funds) play an important role in determining food access, and that large food stores...
Tipo: Presentation Palavras-chave: Food Access; Equilibrium; Food-Store Density; Food Consumption/Nutrition/Food Safety; Q18; R3; L81.
Ano: 2012 URL: http://purl.umn.edu/123196
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Buyer Market Power and Vertically Differentiated Retailers AgEcon
Wang, Shinn-Shyr; Rojas, Christian; Lavoie, Nathalie.
We consider a model of vertical competition where downstream firms (retailers) purchase an upstream input from a monopolist and are able to differentiate from each other in terms of quality. Our primary focus is to study the effects of introducing a large retailer, such as a Wal-Mart Supercenter, that is able to lower wholesale prices (i.e. buyer market power). We obtain two main results. First, the store with no buyer market power responds to the presence of the large retailer by increasing its quality, a finding that is consistent with recent efforts by traditional retailers to enhance shoppers’ buying experience (i.e. quality). Second, the presence of a large retailer causes consumer welfare to increase. There are, however, two reasons for the increase...
Tipo: Working or Discussion Paper Palavras-chave: Buyer market power; Vertical differentiation; Wal-Mart; Agribusiness; Agricultural and Food Policy; Agricultural Finance; Community/Rural/Urban Development; Crop Production/Industries; Farm Management; Financial Economics; Food Security and Poverty; Industrial Organization; Marketing; D43; L13; L81; M31; Q13.
Ano: 2010 URL: http://purl.umn.edu/57165
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Imperfect competition in the fresh tomato industry AgEcon
Hadj Djelloul, Mohammed; Requillart, Vincent; Simioni, Michel.
In this paper, we analyse the market power of the retail industry in the French tomato market. Following the methods developed in the New Empirical Industrial Organization, we develop a structural model of this industry. The analysis is based on detailed data on final consumption and prices at both shipper and consumer levels for two types of tomatoes in France. The structural model is composed of a system of demand equation and supply equation. Supply equation includes a term that represents the market power of the retail sector. We use different models of demand in order to test the robustness of our results. We show that i) elasticity of demand varies during the year ii) the retail sector exercise only a "moderate" market power iii) the estimated...
Tipo: Conference Paper or Presentation Palavras-chave: Market power; Imperfect competition; Fresh products; Crop Production/Industries; Demand and Price Analysis; Marketing; L13; Q13; L66; L81.
Ano: 2008 URL: http://purl.umn.edu/6682
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Trust and Control Dynamics in Agrifood Supply Networks: Communication Strategies for Electronic Transaction Environments AgEcon
Fritz, Melanie; Hausen, Tobias.
Agrifood supply networks are dynamic structures where firms regularly face the need to search for new market partners. A decision for a transaction with a new partner requires the existence of appropriate control and safeguard mechanisms as well as trust to overcome perceived risk and uncertainties. Electronic transaction environments offer new potentials for the identification of new transaction partners. However, trust and control need to be communicated appropriately in electronic transaction environments for agrifood supply network scenarios. Problems for appropriate communication are posed by the complex interrelation between trust and control in transaction processes and their dynamically changing importance in a transaction relation. This paper...
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural Markets Marketing; Marketing; Technological Change; Social Norms; Social Capital; E-Commerce; Industrial Organization; Marketing; Q13; O3; Z13; L81.
Ano: 2006 URL: http://purl.umn.edu/25509
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Collective Voluntary Approaches to Food Safety with Heterogeneous Firms: Monitoring and Design? AgEcon
Bignebat, Celine; Rouviere, Elodie.
Collective quality management systems are well known instruments to manage the quality and/or the safety of foodstuffs. They can be considered as voluntary approaches to food safety. In environmental economics some empirical studies emphasize that firms entering into a collective voluntary program behave differently because their motivations differ. To the best of our knowledge, there is no formal discussion on the effectiveness of a collective voluntary program in which firms adopt different behaviour once they entered the program. Starting from this two strand of literature, we extend the analytical framework of collective voluntary approaches considering heterogeneous firms and applying it to food safety issues. We show that according to firm’s...
Tipo: Conference Paper or Presentation Palavras-chave: Voluntary Approaches; Food Safety; Collective Action; Heterogeneity; Food Consumption/Nutrition/Food Safety; Q18; L51; L81.
Ano: 2007 URL: http://purl.umn.edu/9441
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Food Access and Food Security – An Empirical Analysis AgEcon
Bonanno, Alessandro; Li, Jing.
This paper analyzes the effect of access to different types of food outlets on households’ food insecurity levels. Two years (2004 and 2005) of Current Population Survey – Food Security Supplement data are matched with MSA-level data on store counts of Wal-Mart Supercenters, small food stores (small grocery stores and convenience stores), medium and large grocery stores, and convenience stores associated with gas stations. Endogeneity of food stores’ location is accounted for to eliminate spurious correlation between households’ food security status and food access. Preliminary results indicate that, before accounting for endogeneity bias, the presence of Wal-Mart supercenters appears to be associated to higher levels of households’ food insecurity, while...
Tipo: Conference Paper or Presentation Palavras-chave: Food Security; Food Access; 2-Stage Residual Inclusion; Wal-Mart; Convenience Stores; Grocery Stores; Consumer/Household Economics; Food Security and Poverty; Industrial Organization; Q18; L81; P46.
Ano: 2011 URL: http://purl.umn.edu/103218
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Fresh Produce Intermediaries in Away-from-Home Food Markets and Trade Practices AgEcon
Thornsbury, Suzanne; Hinson, Roger A.; Martinez, Lourdes R.; Reaves, Dixie Watts.
Tipo: Journal Article Palavras-chave: Crop Production/Industries; Marketing; L14; L20; L81.
Ano: 2006 URL: http://purl.umn.edu/94363
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Investigating Thai Shopping Behavior: Wet-Markets, Supermarkets and the ‘Big Middle’ AgEcon
Gorton, Matthew; Sauer, Johannes; Supatpongkul, Pajaree.
Drawing on the Big Middle theory of retail evolution, an analysis of primary survey data on Thai shopping behavior seeks to understand the relative satisfaction of consumers with wet markets and supermarkets, identifying the factors that affect frequency of visit to, and purchase behavior within, these retail outlets. This provides the basis for engaging in a wider debate on the possibility of a ‘Global Big Middle’ for food retailing. On all salient attributes affecting retail outlet choice, supermarkets perform better than wet markets. However for fresh produce, wet markets continue to account for the majority of expenditure, albeit to a far lesser extent than in previous studies. A bootstrapped bivariate ordered probit model identifies that supermarkets...
Tipo: Conference Paper or Presentation Palavras-chave: Big Middle; Food retailing; Thailand; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; Marketing; D12; L81; P46.
Ano: 2009 URL: http://purl.umn.edu/50332
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Confirming the Price Effects of Private Labels Development AgEcon
Bontemps, Christophe; Orozco, Valerie; Requillart, Vincent.
We study the price response of national brands to the development of private labels. We use monthly data from a consumer survey reporting their purchases for 218 food products. We show that when private labels have a significant effect on national brands prices (144 cases over 218), that is positive (89%). We also show that the increase in the prices of national brand products is explained by a strategy of product differentiation. Finally, price reaction of national brands differs with the type of private labels they are facing. This paper confirms, on a larger number of products, previous empirical results.
Tipo: Conference Paper or Presentation Palavras-chave: Private labels; Pricing; Empirical models; Food products; L81; Q13; D40; Demand and Price Analysis.
Ano: 2005 URL: http://purl.umn.edu/24735
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ARE ECO-LABELS VALUABLE? EVIDENCE FROM THE APPAREL INDUSTRY AgEcon
Nimon, R. Wesley; Beghin, John C..
Using U.S. apparel catalogue data, we estimate hedonic price functions to identify market valuation of environmental attributes of apparel goods. We identify a significant and robust premium for the organic fibers embodied in the apparel goods. We find an additional organic premium for baby items. However, we do not find evidence of a premium for environment-friendly dyes. We further investigate the pricing behavior of apparel suppliers for potential departure from competitive pricing of this environmental attribute and find no evidence different premium across firms, suggesting price-taking behavior in the environmental attribute space.
Tipo: Conference Paper or Presentation Palavras-chave: Eco-labels; Organic-cotton apparel; Natural dye; Hedonic price; Agribusiness; Environmental Economics and Policy; Q20; L81; L67.
Ano: 1998 URL: http://purl.umn.edu/21016
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ESTIMATING THE IMPORTANCE OF SHELF SPACE CONFIGURATION ON RETAILER'S PROFIT AgEcon
Roucan-Kane, Maud; Martens, Bobby J.; Preckel, Paul V..
Retail shelf space allocation remains a central issue in grocery retailing. A literature review produced many studies on retail shelf space allocation, but none which evaluated shelf space allocation using three major factors at once: space, vertical height, and price. In this study, shelf space allocation was modeled from the perspective of a retailer maximizing profit using space, vertical height, and price. Using benchmarking, the results show how shelf configuration affects consumer demand and retailer profit. Parameters for the model were based on experience-based intuition. Although the initial results are not valuable at this point, the method and results create a rationale and motivation to gather primary data. Once primary data is collected, this...
Tipo: Working or Discussion Paper Palavras-chave: Shelf space allocation; Retail; Optimization; Grocery; Elasticity; GAMS; Ketchup; Marketing; C61; L81.
Ano: 2007 URL: http://purl.umn.edu/7330
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Market Dynamics in Supply Chains: The Impact of Globalisation and Consolidation on Food Companies' Mark-Ups AgEcon
Kaditi, Eleni A..
This paper examines whether ownership and increased competitive pressure affect food retailers’ market power, analysing whether all actors involved in the food supply chain deviate from the pricing behaviour that exists under perfect competition. A method proposed by Roeger (1995) is used to estimate price-cost margins, relaxing the assumptions of perfect competition and constant returns to scale. The obtained results show that foreign investments and consolidation have a positive and significant impact on the market power of food processors and retailers. Food processors, agricultural producers and wholesalers have lower price-cost margins than retailers, which suggests that these actors price closer to marginal costs being more concerned with maximising...
Tipo: Conference Paper or Presentation Palavras-chave: Price-cost mark-ups; Multinational firms; Retailing; Agribusiness; F23; L13; L81.
Ano: 2011 URL: http://purl.umn.edu/114452
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Empezando a conocer el mercado doméstico: Análisis de la oferta de productos de carne bovina. AgEcon
Lanfranco, Bruno A.; Reyes, Maria L.; Risso, Juan M..
El presente estudio procura conocer mejor la demanda de productos de carne bovina para tres áreas geográficas de Montevideo que representan diferentes niveles socioeconómicos de la población, a través de la oferta observada en los dos principales formatos de comercialización: supermercados y carnicerías. En la zona de mayor nivel socioeconómico (AG1) se comercializa el 21% del volumen total de estos productos mientras que en la de nivel medio (AG2), con mayor concentración poblacional, se comercializa el 47%; el restante 32% se vende en la zona de menor nivel (AG3). Los resultados obtenidos mostraron que a medida que disminuía el nivel socioeconómico de los consumidores aumentaba la demanda por cortes más económicos (aguja, paleta, falda y asado) en...
Tipo: Book Palavras-chave: Meat products; Marketing strategies; Domestic consumers; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; D1; D4; L81.
Ano: 2004 URL: http://purl.umn.edu/121754
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Grocery Retailer Pricing Behavior for California Avocados with Implications for Industry Promotion Strategies AgEcon
Li, Lan; Carman, Hoy F.; Sexton, Richard J..
Rising concentration and consolidation of sales among large supermarket chains in the U.S. and other countries, due in part to a recent wave of mergers in food retailing, have made retailers' role in the food industry a topical issue. Using a unique micro dataset, this paper investigates retailer pricing issues for avocados, a key California specialty commodity, and analyzes the implications of retailer pricing behavior for the effectiveness of avocado industry advertising programs. The methodologies developed and the results achieved in this study should have broad applications across the produce sector, the food industry, and the grocery retail market. We find that retail prices for avocados are highly dispersed both spatially and temporarily. The...
Tipo: Conference Paper or Presentation Palavras-chave: F13; L1; L81; Q1; Q13; Demand and Price Analysis; Marketing.
Ano: 2006 URL: http://purl.umn.edu/25494
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Does traceability play a role in retailer’s strategies for private labels? AgEcon
Banterle, Alessandro; Souza Monteiro, Diogo M.; Stranieri, Stefanella.
Traceability is helping retailers manage food safety risks and support product differentiation. This paper aims to investigate how traceability may be used to screen supplier for private labels dedicated provider pools. Retailers in the UK and Italy have several private label product lines and increasingly select dedicated suppliers. The choice of providers is a typical agency problem as retailers contract the production for their private labels, having incomplete information on types and effort of their suppliers. Different contracts must be designed for suppliers of private labels depending on position of the product line and its food safety risk. A case study, based on the second largest Italian retailer reveals that traceability and quality assurance...
Tipo: Conference Paper or Presentation Palavras-chave: Traceability; Dedicated providers; Food products; Retailing; Vertical coordination; Marketing; Q13; Q18; L81; L66; L15.
Ano: 2009 URL: http://purl.umn.edu/50933
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Consumers' Decision between Private Labels and National Brands in a Retailer's Store: A Mixed Multinomial Logit Application AgEcon
Bergès-Sennou, Fabian; Hassan, Daniel; Monier-Dilhan, Sylvette; Raynal, Helene.
We propose to analyze the determinants of consumers' brand decision within a retailer store using a multinomial mixed logit approach. For the consumers' choice, national brands compete with private labels (both me-too product and high quality store brand). We first find that the standard private label (me-too), independently of the price effect, performs better than all national brands in terms of consumers' utility. Second, the high-quality private label does not reach its target yet in term of consumers' acceptance due to a poor product characteristics perception. Last, it appears that households' objective socioeconomic variables (income, education and household size) do not play any role in private label perception, whereas objective consumption...
Tipo: Conference Paper or Presentation Palavras-chave: Brands; Consumers' choice; Mixed logit model; Willingness to pay.; Consumer/Household Economics; D12; L81; Q13.
Ano: 2007 URL: http://purl.umn.edu/9407
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Competition Effects of Supermarket Services AgEcon
Bonanno, Alessandro; Lopez, Rigoberto A..
This paper investigates the effect of in-store services on retail food prices, supermarket competition, and demand using fluid milk as a case study. It is shown that higher-service supermarkets charge higher milk prices essentially because of an increase in market power due to differentiation of service offering. Results show that different types of services impact milk prices differently, that upscale food-retailers face stronger competition in newer services, and that service competition results in a trade-off for the consumer between the attractiveness of the enhanced retail configuration and the increase in prices.
Tipo: Conference Paper or Presentation Palavras-chave: Retailing; Pricing; Milk; Supermarkets; Agribusiness; L81; D40; L66.
Ano: 2007 URL: http://purl.umn.edu/9833
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Vertical relationships between Manufacturers and Retailers: Inference with Limited Data AgEcon
Villas-Boas, Sofia Berto.
In this paper different models of vertical relationships between manufacturers and retailers in the supermarket industry are compared. Demand estimates are used to compute price-cost margins for retailers and manufacturers under different supply models when wholesale prices are not observed. The purpose is to identify which set of margins is compatible with the margins obtained from estimates of cost, and to select the model most consistent with the data among non-nested competing models. The models considered are: (1) a simple linear pricing model; (2) a vertically integrated model; and (3) a variety of alternative (strategic) supply scenarios that allow for collusion, non-linear pricing and strategic behavior with respect to private label products. Using...
Tipo: Working or Discussion Paper Palavras-chave: Vertical contracts; Multiple manufacturers and retailers; Non-nested tests; Yogurt local market.; Industrial Organization; L13; L81; C12; C33.
Ano: 2005 URL: http://purl.umn.edu/25015
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STOP OR GO? HOW IS THE UK FOOD INDUSTRY RESPONDING TO FRONT-OF-PACK NUTRITION LABELS? AgEcon
Van Camp, Debra; Souza Monteiro, Diogo M.; Hooker, Neal H..
Food nutrition labels have been used for over a decade to aid consumers in making more informed diet choices and to potentially reduce societal costs from diet-related diseases and health conditions. While there is some evidence of the effectiveness of nutrition labels in changing consumption patterns, the scale of such improvements have been marginal. This has led certain government agencies to consider alternative forms of nutrition information. One such approach is front-of-pack (FOP) nutrition labels which provide simple, easily accessible information on a limited number of key nutrients. The use of FOP labels may facilitate healthier diets by influencing consumer behaviour and by providing an incentive for industry to formulate healthier products....
Tipo: Conference Paper or Presentation Palavras-chave: Front-of-pack; Nutrition labelling; Traffic light; Guideline daily allowance; Agricultural and Food Policy; Consumer/Household Economics; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; Health Economics and Policy; Q18; L66; L81.
Ano: 2010 URL: http://purl.umn.edu/116400
Registros recuperados: 32
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