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The Competitiveness of Agricultural Product and Input Markets: A Review and Synthesis of Recent Research

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  • Sheldon, Ian M.

Abstract

This article reviews literature on competitiveness of agricultural product and input markets. Although researchers in the United States and Europe emphasize different stages of the agricultural and food marketing system, their focus is similar: extent of buyer power, although both have largely ignored the sector supplying inputs to agriculture. The key conclusion is that there is little robust empirical evidence for food processing firms exerting buyer power, and there are limited data concerning vertical contracts between food processing and agriculture, but there is a small body of evidence concerning food retailer behavior and vertical coordination between food retailing and processing.

Suggested Citation

  • Sheldon, Ian M., 2016. "The Competitiveness of Agricultural Product and Input Markets: A Review and Synthesis of Recent Research," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 49(1), December.
    • Handle: RePEc:ags:joaaec:350125
    DOI: 10.22004/ag.econ.350125
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    References listed on IDEAS

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    1. Jean Tirole, 1988. "The Theory of Industrial Organization," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262200716, December.
    2. Perloff,Jeffrey M. & Karp,Larry S. & Golan,Amos, 2007. "Estimating Market Power and Strategies," Cambridge Books, Cambridge University Press, number 9780521804400, November.
    3. Cotterill, Ronald W., 1999. "Continuing Concentration in Food Industries Globally: Strategic Challenges to an Unstable Status Quo," Research Reports 25190, University of Connecticut, Food Marketing Policy Center.
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    Agribusiness; Marketing;

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