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A Partial Equilibrium Model of the Beef and Dairy Sector in Italy Under Imperfect Competition


  • Moro, Daniele
  • Sckokai, Paolo
  • Soregaroli, Claudio


In this paper we present a partial equilibrium model for the bovine sector (beef and dairy) in Italy, which can be used for simulation and forecasting. The structure of the model follows the vertical chain of the beef and dairy sector, allowing trade of both agricultural raw materials and final products. Since the processing and retailing stage is characterised by an imperfectly competitive structure, the model accounts for market power in modelling the price transmission mechanism. This provides further insights on the vertical transmission of shocks, both at the final level (i.e. the BSE crisis) and at the farm level (i.e. agricultural policy reform).

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  • Moro, Daniele & Sckokai, Paolo & Soregaroli, Claudio, 2002. "A Partial Equilibrium Model of the Beef and Dairy Sector in Italy Under Imperfect Competition," 2002 International Congress, August 28-31, 2002, Zaragoza, Spain 24787, European Association of Agricultural Economists.
  • Handle: RePEc:ags:eaae02:24787

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    References listed on IDEAS

    1. Stephen R. Koontz, 1999. "Marketing Agreement Impacts in an Experimental Market for Fed Cattle," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 81(2), pages 347-358.
    2. Elam, Emmett W., 1992. "Cash Forward Contracting Versus Hedging Of Fed Cattle, And The Impact Of Cash Contracting On Cash Prices," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 17(01), July.
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    Cited by:

    1. Maly, Michal & Mala, Zdenka & Sobrova, L. & Halova, P., 2011. "Partial equilibrium model of Czech beef trade," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 3(2), June.


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