An economic and legal assessment of the EU food industry's competitiveness
The objective of this article is to assess the competitiveness of the European food industry from an economic and legal perspective. Knowledge of its present competitiveness and improvement opportunities are lacking. To close this knowledge gap, we measured the competitiveness of eight subsectors, benchmarked them with four leading world economies, assessed the effect of differences in legal requirements, and predicted future developments using scenario analysis. International economics indicators supplemented with data on legal issues from a survey conducted by leading experts were used to measure competitiveness. The results show that the EU food industry's competitiveness is weak. The legal system was positively evaluated compared to the U.S. system, but major improvements are possible. The recommendations are to improve economies of scale, economies of scope, ICT-based supply chain management, and exploit cultural differences through innovation, within a more flexible and streamlined legal framework. [Econlit. Citations:F14, L66; Q13]. © 2008 Wiley Periodicals, Inc.
Volume (Year): 24 (2008)
Issue (Month): 4 ()
|Contact details of provider:|| Web page: http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1520-6297|
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.:
- Richard J. Sexton & Mingxia Zhang, 2001. "An assessment of the impact of food industry market power on U.S. consumers," Agribusiness, John Wiley & Sons, Ltd., vol. 17(1), pages 59-79.
- van Berkum, Siemen & van Meijl, Hans, 2000. "The application of trade and growth theories to agriculture: a survey," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 44(4), December.
When requesting a correction, please mention this item's handle: RePEc:wly:agribz:v:24:y:2008:i:4:p:417-439. 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: (Wiley-Blackwell Digital Licensing)or (Christopher F. Baum)
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.