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Review on Market Power of the Australian Agricultural Chain

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  • Bong-Sup Shin

Abstract

This paper reviews the market power gleaned from economic theory in the Australian agricultural chain. Despite the general analyses on agricultural supply chain, it will allow development of the institutional detail sufficient to reveal the nature and significance of market power in agricultural chains and how and why it ebbs and flows over time. The implications of this reviews are that attention should be focused on the supplier side, especially the distribution sector in the chain, not on the consumer side of the market. Future studies into market power issue in the Australian agricultural market should be analysed in the form of intensive case studies.

Suggested Citation

  • Bong-Sup Shin, 2008. "Review on Market Power of the Australian Agricultural Chain," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 11(1), pages 191-204, March.
    • Handle: RePEc:sae:intare:v:11:y:2008:i:1:p:191-204
    DOI: 10.1177/223386590801100111
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    References listed on IDEAS

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    1. Baumol, William J, 1982. "Contestable Markets: An Uprising in the Theory of Industry Structure," American Economic Review, American Economic Association, vol. 72(1), pages 1-15, March.
    2. Kinsey, Jean D. & Senauer, Benjamin & King, Robert P. & Phumpiu, Paul F., 1996. "Changes In Retail Food Delivery: Signals For Producers, Processors And Distributors," Working Papers 14352, University of Minnesota, The Food Industry Center.
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