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Market power and rents in global supply chains
Abstract
Market power and competition policy in food supply chains has emerged as an important economic issue in economics, and a highly sensitive item on the policy agenda. Consolidation is taking place in the food industry, both in high‐income countries and in emerging economies, but the impact of concentration in global food chains on efficiency and rent distribution is more nuanced and complex than often claimed. We review the literature and extend it by developing a model which explicitly takes into account market imperfections and contract enforcement problems in supply chains. Increased competition benefits farms by improving contract conditions, but contract enforcement becomes more complicated.
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“At the same time, some studies in the economics literature point out that increased con centration can lead to efficiency gains from scale economies and other complex factors that can benefit consumers -and in some cases pro ducers -in the agrifood sector (e.g., Swinnen and Vandeplas 2010; M ´ erel and Sexton 2017).”
From Corporate concentration and power matter for agency in food systems (2025) · cites this paper as Swinnen and Vandeplas 2010
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Self-citation
Metadata
- Authors
- Swinnen, J. F. M., & Vandeplas, A.
- Affiliations
- KU Leuven (BE)
- Venue
- Agricultural Economics
- Publisher
- Wiley
- Published
- 2010-11
- Volume
- 41
- Issue
- s1
- Pages
- 109-120
- ISSN
- 0169-5150 (ISSN-L)
- 1574-0862
- OpenAlex
- W2155976876
- Cited by
- 110
- References
- 86
- Citations by year
- 2026: 3 · 2025: 6 · 2024: 4 · 2023: 10 · 2022: 6 · 2021: 6 · 2020: 8 · 2019: 6 · 2018: 3 · 2017: 4 · 2016: 10 · 2015: 11 · 2014: 7 · 2013: 9 · 2012: 8
- FWCI
- 17.38
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- Agricultural Economics (publishedVersion)
- Lirias (KU Leuven) (submittedVersion)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economics of Agriculture and Food Markets
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Merger and Competition Analysis
- Social Sciences › Business, Management and Accounting › Strategy and Management › Global trade, sustainability, and social impact
- Keywords
- market power, rent, global food supply chains, competition policy, market concentration, consolidation, contract enforcement, market imperfections, rent distribution, supply chain efficiency
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