Price Transmission along the European Food Supply Chain in Selected Northern-Southern Countries

Author(s):  
Wael Chouayet ◽  
Anthony Rezitis

This study intends to estimate the different characteristics of price transmission and aims to test the hypothesis of price transmission asymmetry based on agricultural, processor and consumer monthly series of price indexes from 2005 to 2012 in 8 European countries from both Southern and Northern Europe and via the use of time series as well as econometric approaches such as co-intergation and error correction models. The results obtained reveal that price transmission has very small magnitude. Indeed, just 10 to 12% of price shocks at one level are corrected in the long-run by prices at another level both downstream and upstream of the food supply chain. The results also show that prices are transmitted mutually in both directions downstream and upstream the food supply chain in the two European groups. Furthermore, they indicate that in the long-run prices are transmitted symmetrically both downstream and upstream of the food supply chains in Northern as well as in Southern Europe. Finally, in the short-run different conclusions are found depending on the region.

Logistics ◽  
2020 ◽  
Vol 4 (4) ◽  
pp. 33
Author(s):  
Mona Haji ◽  
Laoucine Kerbache ◽  
Mahaboob Muhammad ◽  
Tareq Al-Ansari

Food supply chains are considered to be more complex systems than other types of supply chains. This complexity is due to the continuous changes taking place, particularly in ensuring the quality of food products throughout the entire supply chain, from growing, procurement of resources, production, and management of stock, to distribution to the final consumers. For that, food supply chain markets have become more highly developed in the use of modern technologies, and have begun to implement them in their logistical systems to satisfy their customers’ needs. The main objectives of this review are to identify the different technological implementations in different phases of the food supply chain processes and point out the key factors for using technologies to improve the characteristics of the perishable food supply chain. A total number of 137 articles were analyzed in this research to achieve these review objectives. Some of the various technologies found in different phases of the food supply chain were radio frequency identification (RFID), the Internet of Things (IoT), blockchain, three-dimensional printing (3DP), autonomous vehicles, and unmanned aerial vehicles (UAVs). These technologies were found in different phases of the food supply chain and improved the efficiency of supplying perishable foods. The review identified different characteristics of the perishable food supply chain. The main finding indicated that technological implementation enhances the efficiency and sustainability of the food supply chains and helps to retain perishable food characteristics.


New Medit ◽  
2020 ◽  
Vol 19 (1) ◽  
pp. 19-34 ◽  
Author(s):  
Marinos Markou ◽  
Andreas Stylianou ◽  
Marianthi Giannakopoulou ◽  
Georgios Adamides

Unfair Trading Practices (UTPs) between businesses in the food supply chain have a significant impact on the various stakeholders involved, and on the environment. So far, no attempt has been made at the Member State level for the identification of UTPs in the food supply chain and their impact on the relevant stakeholders. This study drew on this gap and attempted to identify the UTPs that exist in the Cypriot food supply chain, assess their impact on the involved stakeholders and provide guidelines that will assist the transposition of EU relevant Directive to the national law. To achieve this goal, the study was based on a quantitative survey of a representative sample of businesses using a specific questionnaire. The results showed that particular UTPs do appear in the food supply chain with a different frequency, while the majority of businesses have been victims of UTPs in the last five years. Notably, the estimated cost of UTPs as a percentage of the business annual turnover is considered important ranging from 5.7% for retailers to 31.9% for farmers. Thus, most participants agree that UTPs in the agricultural food sector should be regulated by national legislation. We argue that the national legislation for UTPs should be a mix of policies that integrate private, administrative and judicial methods of monitoring and enforcement. Policy and decision makers should seek to reinforce the role and the bargaining power of small businesses in the food supply chain. This might be accomplished through the development of efficient producers’ organizations, short food supply chains, interbranch organizations and strategic partnerships.


10.1068/a3717 ◽  
2005 ◽  
Vol 37 (5) ◽  
pp. 823-844 ◽  
Author(s):  
Brian Ilbery ◽  
Damian Maye

In this paper findings are presented from survey work conducted with producers of specialist livestock products in the Scottish–English borders. Using supply-chain diagrams, the paper highlights how specialist livestock businesses operate individual or customised supply chains. The heterogeneity of surveyed producer initiatives throws into question both the simple conceptual distinction drawn between the labels ‘conventional’ and ‘alternative’ and also what is meant by a ‘short’ food supply chain. The starting point of the specialist food chain is clearly not the point of production but rather a series of upstream supply links—as is found in conventional food chains. Likewise, ‘alternative’ producers are regularly obliged, or choose, to ‘dip in and out’ of different conventional nodes downstream of the business, such as abattoirs, processors, and wholesalers. In practice, delimitations between ‘alternative’ and ‘conventional’ food supply chains are often blurred and are better characterised as ‘hybrid spaces’.


Author(s):  
Anthony N. Rezitis ◽  
Andreas Rokopanos

Abstract The 2003 CAP Reform commenced a liberal shift on the policies designed to protect farmers across Europe. The CAP Health Check of 2008 and the 2013 CAP Reform confirmed this change, adopting measures including the further decoupling of production, the abolishment of set-aside and the phasing-out of milk quotas. It is therefore expected that price transmission has been affected radically. This study investigates the price transmission mechanism along the European food supply chain, based on an asymmetric panel vector error correction model (VECM). Panel data on agricultural commodity (farmer), producer (processor) and consumer (retailer) prices from nineteen European countries are considered. The sample is split into two sub-periods, before and after the CAP Health Check, to examine how the price transmission mechanism has been affected. Cointegration is confirmed among the price series through the Pedroni tests and the long-run relationship is obtained with two estimation methods (i. e. fully modified OLS and dynamic OLS). Prior to the CAP Health Check, positive asymmetry is detected from farmer to processor and from processor to retailer. However, after the CAP Health Check price transmission becomes symmetric, thus suggesting that decreased support has resulted in a more efficient price transmission mechanism.


Author(s):  
Dhana Srinithi Srinivasan ◽  
Karpagam Manavalan ◽  
Soundarya R. ◽  
Thamizhi S. I.

Blockchain is an emerging technology that is based on the concept of distributed ledgers. It allows for pervasive transactions among different parties and eliminates the need for third-party intermediaries. Several of blockchain's characteristics make it suitable for use in the agriculture sector. Some of the potential applications of blockchain include efficient management of the food supply chain and value-based payment mechanisms. The products of agriculture are usually the inputs for a multi-actor distributed supply chain, in which case the consumer is usually the final client. The food chain involves several actors including farmers, shipping companies, distributors, and groceries. This makes the entire system to be distributed with multiple actors playing different roles throughout the chain. This currently used system is inefficient and unreliable in various aspects. This project aims to leverage blockchain technology to solve and address discrepancies involved in food supply chains.


Agriculture ◽  
2020 ◽  
Vol 10 (7) ◽  
pp. 271
Author(s):  
Limon Deb ◽  
Yoonsuk Lee ◽  
Sang Hyeon Lee

As a staple food, rice has an enormous market in Bangladesh in terms of market participants and the volume of the product. As the price of rice is always a sensitive factor for producers, poor consumers and policy makers, this paper investigates market integration and price transmission along the vertical supply chain of rice. Johansen’s test of co-integration confirmed that farm, wholesale and retail prices are co-integrated in the long-run. A causality test revealed that prices were found to be at wholesale levels for both the upstream and downstream markets. The asymmetry error correction model (ECM) has discovered short-run and long-run asymmetry in price transmission in the vertical supply chain where both producers and consumers were being affected due to positive and negative asymmetry. Threshold autoregressive (TAR) and momentum threshold autoregressive (M-TAR) models have confirmed threshold co-integration as well as threshold effect on asymmetry in price transmission. The results highlight the inevitability of policy implementations and increased public interventions to reduce asymmetry for engendering greater pricing efficiency in Bangladesh rice markets.


2012 ◽  
Vol 253-255 ◽  
pp. 1567-1570
Author(s):  
Xiao Lin ◽  
Wei Long Gao

With the development of the information technology, Radio Frequency Identification (RFID) has become a hot topic in the fields of manufacturing and logistics. Meanwhile, food security becomes a worldwide problem. Food hazards can appear at any stage of global food supply chains, making it essential to define critical control points to capture the data about ingredients, manufacture and dates-certain, and provide it in a transparent manner to supply chain participants and consumers. In this article, I will analyze the current food supply chain situation and promote the literature review of RFID application in the food supply chain. And then the article will explore the questions and future research on RFID application in the food supply chain.


2021 ◽  
Vol 13 (16) ◽  
pp. 9234
Author(s):  
Omar Alsetoohy ◽  
Baker Ayoun ◽  
Mahmoud Abou-Kamar

The COVID-19 outbreak has forced customers to shift their food habits to more locally grown products. Therefore, restaurants have begun to provide local food, which is reflected in “farm to fork” or “locally-sourced” or “farm to table” restaurants. Thus, purchasing sustainable food, specifically local food products, has become one of the most salient sustainability practices in restaurants. Therefore, this study seeks to further explore the influences of the Sustainable Local Food Supply Chain (SLFSC) of green fine-dining restaurants on tourist food experiences and destination branding in the USA. Data were analyzed using the partial least square (PLS) technique of a sample of 232 respondents. The findings of this study showed positive impacts of all sustainability dimensions on most consumption values of tourists (i.e., emotional, epistemic, health, taste/quality, etc.). The findings indicated that each sustainability dimension and overall sustainability of the local food supply chain had strong positive effects on destination branding. Finally, tourist food experiences in totality mediated the relationship between the overall Sustainable Local Food Supply Chain and destination branding. This study contributes to the existing literature by developing and validating a scale to measure the sustainability practices of local food supply chains in restaurants to fill this gap in the literature. Additionally, the findings have intimate important theoretical and practical implications.


2021 ◽  
Vol 36 (2) ◽  
pp. 94-103
Author(s):  
Anupam Saxena ◽  
Preetam Suman

The Covid-19 pandemic has shown that food supply chains are the most critical component of economic and human activities. It has also created a lot of interest among researchers, practitioners and policymakers to study the significant challenges of the food supply chain caused by the pandemic. Therefore this work wanted to investigate the critical supply chain challenges due to Covid-19 with the help of a systematic literature review of well-established articles published in interdisciplinary journals. The selection of thirty one papers was made through a research protocol that helped select and identify research papers which were coded with the help of qualitative software Atlasti 9.0 to study which supply chain challenge amongst disruption, forecasting and inventory was most prominently studied in the literature. Results of software coding revealed that disruption was coded 170 times whereas forecasting 10 times and inventory 37 times as challenges of food Supply Chain Management (SCM). Therefore, it was concluded that most of the researchers considered disruption as one of the significant food supply chain challenges. Further coding also revealed that lockdown and labour related issues were the primary reasons for food supply chain disruption.


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