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Revisiting Concentration in Food and Agricultural Supply Chains: The Welfare Implications of Market Power in a Complementary Input Sector

Metin Çakır et al.

Journal of Agricultural and Resource Economics2015https://doi.org/10.22004/ag.econ.206593article
AJG 2ABDC A
Weight
0.68

Abstract

We explore how market power in a complementary input sector compares to that in a downstream sector for producer and consumer welfare. We develop a model of a homogeneous product market encompassing bilateral and complementary relationships. Our main finding is that market power exercised by the supplier of a complementary input generates greater negative welfare effects than the same level of market power exercised by downstream firms. We provide a discussion of the implications of the results for policy in the context of current problems in the Canadian grain-handling and transportation system.

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https://doi.org/https://doi.org/10.22004/ag.econ.206593

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@article{metin2015,
  title        = {{Revisiting Concentration in Food and Agricultural Supply Chains: The Welfare Implications of Market Power in a Complementary Input Sector}},
  author       = {Metin Çakır et al.},
  journal      = {Journal of Agricultural and Resource Economics},
  year         = {2015},
  doi          = {https://doi.org/https://doi.org/10.22004/ag.econ.206593},
}

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Evidence weight

0.68

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.89 × 0.4 = 0.36
M · momentum0.67 × 0.15 = 0.10
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

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