scholarly journals Imperfect food markets in times of crisis: economic consequences of supply chain disruptions and fragmentation for local market power and urban vulnerability

Food Security ◽  
2020 ◽  
Vol 12 (4) ◽  
pp. 727-734
Author(s):  
Rico Ihle ◽  
Ofir D. Rubin ◽  
Ziv Bar-Nahum ◽  
Roel Jongeneel
Keyword(s):  
Supply Chain ◽  
Market Power ◽  
Economic Consequences ◽  
Local Market ◽  
Food Markets ◽  
Supply Chain Disruptions ◽  
Urban Vulnerability

scholarly journals THE PROBLEM OF GEOGRAPHICAL DELIMITATION OF AGRI-FOOD MARKETS: EVIDENCE FROM THE BUTTER MARKET IN EUROPEAN UNION

2018 ◽  
Vol 17 (3) ◽  
pp. 85-95 ◽  
Author(s):  
Michał Pietrzak ◽  
Monika Roman
Keyword(s):  
European Union ◽  
Supply Chain ◽  
Market Power ◽  
Spatial Competition ◽  
Secondary Data ◽  
Agricultural Markets ◽  
Food Markets ◽  
Geographical Dimension

Although market is a basic economic category, many studies neglect the need to define it in geographical dimension. It is fundamentally important in agribusiness, where the spatial competition and problem of market power at successive stages of supply chain occur. The aims of the paper are twofold: to discuss the problem of geographical delimitation of agricultural markets and to define geographic limits of the butter market based on Elzinga–Hogarty method. Using secondary data we find that the butter market is international in the scope, and after the abolition of the milk quota, this scope is evolving from European to semi-global.

Estimating market power in the Chinese pork-packing industry: a structural approach

2019 ◽  
Vol 12 (1) ◽  
pp. 57-70
Author(s):  
Hao Lan ◽  
Xiaojin Wang
Keyword(s):  
Supply Chain ◽  
Market Power ◽  
Structural Model ◽  
Market Competition ◽  
Developed Countries ◽  
Food Markets ◽  
Content Type ◽  
Food Market ◽  
Pass Through ◽  
Oligopsony Power

Purpose The purpose of this paper is to investigate market power in the Chinese pork supply chain. The authors aim to explain why a steady rise in prices is observed in the sector, apart from existing evidence on incomplete/asymmetric cost pass-through and concerns of growing concentration and consolidation in the sector. Design/methodology/approach This study uses a new empirical industrial organization model for both oligopoly and oligopsony power to measure the degree of market power exerted on consumers and hog farmers simultaneously. Findings By examining annual panel data across provinces in China, the authors find that both oligopoly and oligopsony powers exist in the pork supply chain. In particular, the authors determine that a higher degree of market power is found to influence prices paid to hog farmers than prices paid by pork consumers. Estimates of key elasticities in the Chinese pork supply chain are also updated based on the structural model estimation and the latest data. Research limitations/implications Due to the lack of data at a more granular level of geography, the authors are only able to estimate market power by three major economic regions. Practical implications The findings provide useful information for future policy analyses of Chinese food markets. First, the pork-packing industry should be of great concern in terms of market power and its influence on consumers’ and farmers’ welfare. It is essential to take into consideration market power in the pork supply chain before making any public policy regarding the pork market. Furthermore, following economic theory and experience from developed countries, large meat packers will eventually vertically control hog farmers given their stronger oligopsony power over the upstream. Vertical integration may be the next important issue in terms of food market competition. Finally, the results may also draw the government’s attention to investigating market competition in all major food markets. Originality/value The empirical evidence draws attention to the issue of food market competition in one of the largest and most important meat-packing markets in China. The authors hope to encourage further discussions on pork and hog market regulations and related public policies.

The Use of Mobile Technology in Management and Risk Control in the Supply Chain

2014 ◽  
Vol 22 (1) ◽  
pp. 14-33 ◽  
Author(s):  
Amarolinda Zanela Klein ◽  
Eliane Gomes da Costa ◽  
Luciana Marques Vieira ◽  
Rafael Teixeira
Keyword(s):  
Supply Chain ◽  
Risk Reduction ◽  
Mobile Technology ◽  
Technology Use ◽  
Single Case ◽  
Risk Control ◽  
Mobile Technologies ◽  
Food Markets ◽  
Safety Risks ◽  
Study Results

The use of mobile technologies is important for Supply Chain Management (SCM) because these technologies allow for a ubiquitous flow of information, higher agility and risk reduction in supply chains. In food markets, these issues are particularly relevant due to food safety risks. The main goal of this paper is to analyze the use of mobile technology for management and risk control in the Brazilian beef supply chain, since Brazil is one of the main producers and beef exporters in the world. The research method was a single case study. Results show the actual level of mobile technology use; drivers and barriers to mobile technology adoption and how mobile technology is applied to beef traceability and risk reduction along the chain. The authors propose a framework that links the issues of mobile technology use for SCM and risk control, considering the context of a developing country such as Brazil.

The roles of prior experience and the location on the severity of supply chain disruptions

2021 ◽  
pp. 1-20
Author(s):  
Milad Baghersad ◽  
Christopher W. Zobel ◽  
Paul Benjamin Lowry ◽  
Sutirtha Chatterjee
Keyword(s):  
Supply Chain ◽  
Prior Experience ◽  
Supply Chain Disruptions

The Roles of Prior Experience and the Location on the Severity of Supply Chain Disruptions

2021 ◽  
Author(s):  
Milad Baghersad ◽  
Christopher W. Zobel ◽  
Sutirtha Chatterjee ◽  
Paul Benjamin Lowry
Keyword(s):  
Supply Chain ◽  
Prior Experience ◽  
Supply Chain Disruptions

Multi-agent System for Simulation of Response to Supply Chain Disruptions

2019 ◽  
pp. 128-139
Author(s):  
Jing Tan ◽  
Rongjun Xu ◽  
Kai Chen ◽  
Lars Braubach ◽  
Kai Jander ◽  
...  
Keyword(s):  
Supply Chain ◽  
Multi Agent System ◽  
Agent System ◽  
Supply Chain Disruptions ◽  
Multi Agent

scholarly journals Supply Chain Disruptions: Evidence from the Great East Japan Earthquake

2016 ◽  
Author(s):  
Vasco M. Carvalho ◽  
Makoto Nirei ◽  
Yukiko U. Saito ◽  
Alireza Tahbaz-Salehi
Keyword(s):  
Supply Chain ◽  
Great East Japan Earthquake ◽  
Supply Chain Disruptions

The Market for Audit Services: The Role of Market Power

2020 ◽  
Vol 19 (3) ◽  
pp. 3-8
Author(s):  
Tracy Ti Gu ◽  
Dan A. Simunic ◽  
Michael T. Stein ◽  
Minlei Ye ◽  
Ping Zhang
Keyword(s):  
Market Power ◽  
Firm Size ◽  
Academic Research ◽  
Audit Fees ◽  
Local Market ◽  
Capital Investments ◽  
Audit Firm ◽  
Big 4 ◽  
The Subject

ABSTRACT The market for audit services has been the subject of extensive academic research since the 1970s. The prevailing view is that audit markets are characterized by tiers of suppliers (Big 4 versus non-Big 4, and industry specialists versus non-specialists) where the upper tier suppliers produce and sell a systematically higher level of assurance, while competition among suppliers within tiers is essentially perfect and a uniform price prevails within the submarkets. We discuss three papers that challenge this orthodoxy. These papers argue and find that the price of an audit is essentially unique to each (auditor, client) pair and that this price depends on both audit firm size and client size. Furthermore, audit firm size is linked with the firm's capital investments, which enhance auditor efficiency and market power. We conclude that audit markets are atomistic and that local market power is an important determinant of audit prices and audit fees.

Linking supply chain professional's competencies to resilience in a turbulent world

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Muhammad Idrees Asghar ◽  
Haris Aslam ◽  
Amer Saeed
Keyword(s):  
Supply Chain ◽  
Knowledge Sharing ◽  
Structural Equation ◽  
Corporate Training ◽  
Research Model ◽  
Supply Chain Disruptions ◽  
Content Type ◽  
Knowledge Based ◽  
Equation Modelling ◽  
Antecedents And Consequences

PurposeThis research aims to understand how competencies for supply chain professionals are developed and how they can affect the manager's performance, especially the manager's resilience in times of significant supply chain disruptions.Design/methodology/approachA research model was developed based on a comprehensive literature survey in the area of individual competencies grounded in the knowledge-based view of the firm. We tested our research model using a quantitative, survey-based study with a sample of 175 Pakistani supply chain managers. The hypotheses were tested using structural equation modelling (SEM).FindingsThe analysis identified corporate training and knowledge sharing as the main antecedents of supply chain professional's competencies. It also showed that these competencies result in higher performance in the form manager's resilience and job performance.Research limitations/implicationsThis study provides a valuable framework for organisations to focus on skill-developing training and promoting a knowledge-sharing culture among employees to achieve desired performance levels.Originality/valueThis study is unique as no prior research studied such a comprehensive model of antecedents and consequences of supply chain professionals' competencies.

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