Innovation in a multiple-stage, multiple-product food marketing chain
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Innovation in a multiple-stage, multiple-product food marketing chain. / Baker, Alister Derek; Christensen, Tove.
Fødevareøkonomisk Institut, Københavns Universitet, 2008.Research output: Working paper › Research
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TY - UNPB
T1 - Innovation in a multiple-stage, multiple-product food marketing chain
AU - Baker, Alister Derek
AU - Christensen, Tove
PY - 2008
Y1 - 2008
N2 - A model of a 3-stage food marketing chain is presented for the case of two products. Its extension of existing work is its capacity to examine non-competitive input and output markets in two marketing chains at once, and have them related by demand and cost interactions. The simulated impacts of market power in a single chain generally reproduce those delivered by previous authors. The impacts of market power in related chains are found to depend on linkages between chains in terms of interactions in consumer demand. Interactions between products in costs (economies of scope) generate an interesting result in that a possible market failure is identified that may be offset by the exercise of market power. The generation of farm-level innovation is seen to be largely unaffected by market power, but where market power is exercised the benefits are extracted from farmers and consumers. The conditions under which this occurs can also depend on demand interactions. The report identifies commercial and policy implications and future related research topics.
AB - A model of a 3-stage food marketing chain is presented for the case of two products. Its extension of existing work is its capacity to examine non-competitive input and output markets in two marketing chains at once, and have them related by demand and cost interactions. The simulated impacts of market power in a single chain generally reproduce those delivered by previous authors. The impacts of market power in related chains are found to depend on linkages between chains in terms of interactions in consumer demand. Interactions between products in costs (economies of scope) generate an interesting result in that a possible market failure is identified that may be offset by the exercise of market power. The generation of farm-level innovation is seen to be largely unaffected by market power, but where market power is exercised the benefits are extracted from farmers and consumers. The conditions under which this occurs can also depend on demand interactions. The report identifies commercial and policy implications and future related research topics.
M3 - Working paper
T3 - IFRO Working Paper
BT - Innovation in a multiple-stage, multiple-product food marketing chain
PB - Fødevareøkonomisk Institut, Københavns Universitet
ER -
ID: 134786596