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Trade policies and the strategies of multinationals in the international grain market

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  • Margherita Scoppola

    (National Institute of Agricultural Economics of Italy)

Abstract

Multinationals exercise market power in international grain trading activities and affect the volume and direction of trade flows. A high degree of integration in the cereals and cereals substitutes sectors and diversification in other sectors allow companies to undertake a wide range of strategies, such as global strategic behaviour and transfer pricing, which influence the international grain trade and the effectiveness of trade polices. Such influences may be identified in a new framework of analysis, by taking into account different ways in which foreign direct investment occurs. © 1993 John Wiley & Sons. Inc.

Suggested Citation

  • Margherita Scoppola, 1993. "Trade policies and the strategies of multinationals in the international grain market," Agribusiness, John Wiley & Sons, Ltd., vol. 9(3), pages 189-204.
    • Handle: RePEc:wly:agribz:v:9:y:1993:i:3:p:189-204
    DOI: 10.1002/1520-6297(199305)9:3<189::AID-AGR2720090302>3.0.CO;2-7
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    References listed on IDEAS

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    1. Charles D. Kolstad & Anthony E. Burris, 1986. "Imperfectly Competitive Equilibria in International Commodity Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 68(1), pages 27-36.
    2. Caves, Richard E. & Pugel, Thomas A., 1982. "New Evidence on Competition in the Grain Trade," Food Research Institute Studies, Stanford University, Food Research Institute, vol. 18(3), pages 1-14.
    3. Alex F. McCalla, 1966. "A Duopoly Model of World Wheat Pricing," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 48(3_Part_I), pages 711-727.
    4. Chris M. Alaouze & A. S. Watson & N. H. Sturgess, 1978. "Oligopoly Pricing in the World Wheat Market," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 60(2), pages 173-185.
    5. Larry S. Karp & Alex F. McCalla, 1983. "Dynamic Games and International Trade: An Application to the World Corn Market," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 65(4), pages 641-650.
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    Citations

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    Cited by:

    1. Ahmadi-Esfahani, Fredoun Z. & Anderson, Glenn Michael, 1999. "Trade Elasticities: The Significance of Trade Barriers, Multinationals and Market Structure," 1999 Conference (43th), January 20-22, 1999, Christchurch, New Zealand 122328, Australian Agricultural and Resource Economics Society.
    2. Wilson, William W. & Dahl, Bruce L., 1999. "Transnational Grain Firms: Evolution And Strategies In North America," Agricultural Economics Reports 23278, North Dakota State University, Department of Agribusiness and Applied Economics.
    3. Fredoun Z. Ahmadi-Esfahani, 2009. "Estimation of trade elasticities in the presence of trade barriers, multinationals and imperfect competition," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 53(3), pages 385-392, July.
    4. Saxowsky, David M. & Krause, Joyce Hall & Gustafson, Cole R., 1998. "Export Enhancement Strategies For Small And Medium Rural And Agricultural Firms," Agricultural Economics Reports 23307, North Dakota State University, Department of Agribusiness and Applied Economics.
    5. Ahmadi-Esfahani, Fredoun Z., 2009. "Estimation of trade elasticities in the presence of trade barriers, multinationals and imperfect competition," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 53(3), pages 1-8.
    6. Margherita Scoppola, 1996. "Entreprises multinationales et politiques nationales sur les marchés agricoles mondiaux," Économie rurale, Programme National Persée, vol. 234(1), pages 54-57.

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