Distribuzione alimentare moderna e potere: una valutazione economico-politica
AbstractBig Food Retail and Power: an economic-political estimation. Increasing market power of big retail into the agro-food supply chain depends on economic, institutional, cultural and policy factors. It is a multi-faceted issue that moves us to take into account not only the economic aspects but the social, policy, psychological and behavioural ones, too. This complexity can be handled trough different approaches: among them, the so called economic-political framework considers economic and behavioural factors together. This approach cannot leave aside from empirical estimation of market power presence. This paper is devoted to carry on a first-pass estimation of big retail market power in two Italian supply chains: olive oil and fresh vegetables. The econometric model proposed by Lloyd et al. (2009) allows us to estimate price transmission in the observed supply chains. Findings suggest that market power exists in the olive oil sector whereas the model does not significantly fit the data in the fresh vegetable sector.
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Bibliographic InfoPaper provided by Italian Society of Agri-food Economics/Società Italiana di Economia Agro-Alimentare (SIEA) in its series 2012 XX Convegno Annuale SIEA, Siracusa with number 132021.
Date of creation: 2012
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Web page: http://digilander.libero.it/aissa1/societa/societa_siea.html
More information through EDIRC
Big Food Retail; power; price transmission; olive oil; fresh vegetables; Agribusiness; Political Economy; C32; Q13;
Find related papers by JEL classification:
- C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
- Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
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