IDEAS home Printed from https://ideas.repec.org/a/ura/ecregj/v1y2013i3p238-246.html
   My bibliography  Save this article

Seven Fundamental Economic Characteristics Exclusivity of Agrifood Supply Chains (part 1)

Author

Listed:
  • Thomas Sporleder
  • Michael Boland

    (University of Minnesota)

Abstract

This analysis focuses on defining and describing the unique economic characteristics of agrifood supply chains. The analysis includes seven specific economic characteristics of agrifood supply chains that distinguish them from other industrial manufacturing and service supply chains. The seven characteristics are: 1) risk emanating from the biological nature of agrifood supply chains, 2) the role of buffer stocks within the supply chain, 3) the scientific foundation of innovation in production agriculture having shifted from chemistry to biology, 4) cyberspace and information technology influence on agrifood supply chains, 5) the prevalent market structure at the farm gate remains oligopsony, 6) relative market power shifts in agrifood supply chains away from food manufacturers downstream to food retailers, and 7) globalization of agriculture and agrifood supply chains.

Suggested Citation

  • Thomas Sporleder & Michael Boland, 2013. "Seven Fundamental Economic Characteristics Exclusivity of Agrifood Supply Chains (part 1)," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(3), pages 238-246.
    • Handle: RePEc:ura:ecregj:v:1:y:2013:i:3:p:238-246
    as

    Download full text from publisher

    File URL: http://economyofregion.ru/Data/Issues/ER2013/September_2013/ERSeptember2013_238_246.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Harvey S. James & Peter G. Klein & Michael E. Sykuta, 2011. "The adoption, diffusion, and evolution of organizational form: insights from the agrifood sector," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 32(4), pages 243-259, June.
    2. Jean Kinsey & R. Wes Harrison & Dennis Degeneffe & Gustavo Ferreira & Sakiko Shiratori, 2009. "Index of Consumer Confidence in the Safety of the United States Food System," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 91(5), pages 1470-1476.
    3. Déborah S. Sánchez & Michael A. Boland & Daniel Sumner, 2008. "Sun-Maid Growers of California," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 30(2), pages 360-369.
    4. Martinez, Steve W. & Reed, Al, 1996. "From Farmers to Consumers: Vertical Coordination in the Food Industry," Agricultural Information Bulletins 309735, United States Department of Agriculture, Economic Research Service.
    5. John D. Black, 1947. "Guideposts in the Development of a Marketing Program," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 29(3), pages 616-631.
    6. Palma, Marco A. & Ribera, Luis A. & Bessler, David A. & Paggi, Mechel S. & Knutson, Ronald D., 2010. "Potential Impacts of Foodborne Illness Incidences on Market Movements and Prices of Fresh Produce in the U.S," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 42(4), pages 1-11, November.
    7. Rachael E. Goodhue & Sandeep Mohapatra & Gordon C. Rausser, 2010. "Interactions Between Incentive Instruments: Contracts and Quality in Processing Tomatoes," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 92(5), pages 1283-1293.
    8. Dee Von Bailey & Eluned Jones & David L. Dickinson, 2002. "Knowledge Management and Comparative International Strategies on Vertical Information Flow in the Global Food System," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(5), pages 1337-1344.
    9. Seftel, Howard, 1985. "Government Regulation and the Rise of the California Fruit Industry: The Entrepreneurial Attack on Fruit Pests, 1880–1920," Business History Review, Cambridge University Press, vol. 59(3), pages 369-402, October.
    10. George J. Stigler, 1945. "The Cost of Subsistence," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 27(2), pages 303-314.
    11. MacDonald, James M. & Korb, Penelope J., 2011. "Agricultural Contracting Update: Contracts in 2008," Economic Information Bulletin 101279, United States Department of Agriculture, Economic Research Service.
    12. Charles D. Hyson, 1944. "The Shift Toward Medium Staple Cotton," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 26(2), pages 396-399.
    13. Beddow, Jason M. & Pardey, Philip G. & Alston, Julian M., 2009. "The Shifting Global Patterns of Agricultural Productivity," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 24(4), pages 1-10.
    14. Jean D. Kinsey, 2001. "The New Food Economy: Consumers, Farms, Pharms, and Science," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(5), pages 1113-1130.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Sporleder, Thomas L. & Boland, Michael A., 2011. "Exclusivity of Agrifood Supply Chains: Seven Fundamental Economic Characteristics," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 14(5), pages 1-15, December.
    2. Alok Bhargava, 2006. "Modelling the Health of Filipino Children," World Scientific Book Chapters, in: Econometrics, Statistics And Computational Approaches In Food And Health Sciences, chapter 11, pages 153-168, World Scientific Publishing Co. Pte. Ltd..
    3. Areal, Francisco José & Balcombe, Kevin & Rapsomanikis, George, 2016. "Testing for bubbles in agriculture commodity markets," Economia Agraria y Recursos Naturales, Spanish Association of Agricultural Economists, vol. 16(01), June.
    4. Mishili, Fulgence J. & Temu, Anna A. & Fulton, Joan R. & Lowenberg-DeBoer, James, 2009. "Consumer preferences as drivers of the common bean trade in Tanzania: A marketing perspective," Staff Papers 48658, Purdue University, Department of Agricultural Economics.
    5. Haile, M.G. & Kalkuhl, M., 2014. "Volatility in the international food markets: implications for global agricultural supply and for market and price policy," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 49, March.
    6. Peake, Whitney O. & Detre, Joshua D. & Carlson, Clinton C., 2014. "One bad apple spoils the bunch? An exploration of broad consumption changes in response to food recalls," Food Policy, Elsevier, vol. 49(P1), pages 13-22.
    7. Rachael Goodhue & Leo Simon, 2016. "Agricultural contracts, adverse selection, and multiple inputs," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 4(1), pages 1-33, December.
    8. Schneider, Kate & Masters, William & Webb, Patrick & Christiaensen, Luc, 2020. "Sources, intake levels, and shadow prices of essential nutrients in rural Malawi: Evidence from household surveys and market prices reveal the cost of vitamins and minerals," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304483, Agricultural and Applied Economics Association.
    9. Ümit Sakallı & Ömer Baykoç & Burak Birgören, 2011. "Stochastic optimization for blending problem in brass casting industry," Annals of Operations Research, Springer, vol. 186(1), pages 141-157, June.
    10. Chen Zhen & Michael K. Wohlgenant, 2006. "Meat Demand under Rational Habit Persistence," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 54(4), pages 477-495, December.
    11. Bachev, Hrabrin, 2022. "Как Да Оценим Управленческата Ефективност На Българските Земеделски Стопанства [How to assess the governance efficiency of Bulgarian agricultural farms]," MPRA Paper 113590, University Library of Munich, Germany.
    12. Manipushpak Mitra & Debapriya Sen, 2022. "A microeconomic analysis of subsistence," Indian Economic Review, Springer, vol. 57(2), pages 301-320, December.
    13. Irz, Xavier & Leroy, Pascal & Réquillart, Vincent & Soler, Louis-Georges, 2015. "Economic assessment of nutritional recommendations," Journal of Health Economics, Elsevier, vol. 39(C), pages 188-210.
    14. Thomas H. Noe & Stephen D. Smith, 1997. "The buck stops where? The role of limited liability in economics," Economic Review, Federal Reserve Bank of Atlanta, vol. 82(Q 1), pages 46-56.
    15. Goldsmith, Peter D. & Bender, Karen, 2003. "Ten Conversations about Identity Preservation: Implications for Cooperatives," 2003 Annual Meeting, October 29 31803, NCERA-194 Research on Cooperatives.
    16. Michał Gazdecki & Grzegorz Leszczyński & Marek Zieliński, 2021. "Food Sector as an Interactive Business World: A Framework for Research on Innovations," Energies, MDPI, vol. 14(11), pages 1-19, June.
    17. Tamura, Robert, 2002. "Human capital and the switch from agriculture to industry," Journal of Economic Dynamics and Control, Elsevier, vol. 27(2), pages 207-242, December.
    18. Srinivasan, C.S. & Irz, Xavier & Shankar, Bhavani, 2006. "An assessment of the potential consumption impacts of WHO dietary norms in OECD countries," Food Policy, Elsevier, vol. 31(1), pages 53-77, February.
    19. Venturini, Luciano, 2006. "Food and Health: A European Perspective," Conference Papers 6684, University of Minnesota, Center for International Food and Agricultural Policy.
    20. Trenton G. Smith, 2004. "The McDonald’s Equilibrium. Advertising, empty calories, and the endogenous determination of dietary preferences," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 23(3), pages 383-413, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ura:ecregj:v:1:y:2013:i:3:p:238-246. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alexey Naydenov (email available below). General contact details of provider: http://www.economyofregion.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.