Advanced Search
MyIDEAS: Login to save this paper or follow this series

Economies of scale and endogenous market structures in international grain trade

Contents:

Author Info

  • Margherita Scoppola

    (Università di Macerata)

Abstract

The paper develops a two-stage duopoly model in which market structure is endogenous, as it is the outcome of the first stage of the game. The model considers a private firm and a State Trading Enterprise (STE) competing on a foreign market; the most important difference between the private firm and the STE is that while the STE makes use of external agents to export, the private firm may choose to vertically integrate downstream when transaction costs are large enough with respect to fixed costs. The game is solved for different modes of competition and under different assumptions regarding both homogenous and differentiated products. The results show that external shocks on export markets affecting the relative values of transaction and fixed costs may result in a change in market structures. The degree of product differentiation and the assumed mode of competition significantly affect the relative values of transaction and fixed costs at which the market sructure changes.

Download Info

To our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.

Bibliographic Info

Paper provided by Macerata University, Department of Studies on Economic Development (DiSSE) in its series Working Papers with number 04-2007.

as in new window
Length:
Date of creation: Mar 2007
Date of revision: Feb 2009
Publication status: Published in Agricultural Economics 37 (2007) 277-291
Handle: RePEc:mcr:wpaper:wpaper00004

Contact details of provider:
Postal: Piazza Oberdan, 3, 62100 Macerata
Phone: 0733.258.3960
Fax: 0733.258.3970
Web page: http://www.unimc.it/sviluppoeconomico
More information through EDIRC

Related research

Keywords: Multinational firm; international grain trade; State Trading Enterprises;

Other versions of this item:

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Nathalie Lavoie, 2005. "Price Discrimination in the Context of Vertical Differentiation: An Application to Canadian Wheat Exports," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 87(4), pages 835-854.
  2. Colin A. Carter & R.M.A. Loyns & Derek Berwald, 1998. "Domestic Costs of Statutory Marketing Authorities: The Case of the Canadian Wheat Board," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(2), pages 313-324.
  3. Carter, Colin A. & Wilson, William W., 1997. "Emerging differences in state grain trading: Australia and Canada," Agricultural Economics, Blackwell, vol. 16(2), pages 87-98, May.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:mcr:wpaper:wpaper00004. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Carlo Sampaoli).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.