Mark-up volatility in food value chains: Evidence from France and Italy
This paper estimates firm-level mark-ups and their volatility along the agri-food value chain using the methodology of De Loecker and Warzynski (2012). We estimate mark-ups of farmers, processors, wholesalers and retailers, how they change over time, and their volatility. We use detailed micro-level data from companies from Italy and France for the period 2006-2014. We find that farmers have a significantly higher volatility of mark-ups than other agents in the agri-food value chain, such as food processors, wholesalers and retailers. The volatility is negatively related with firms size in all sectors, and especially in agriculture.
Year of publication: |
2018
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Authors: | Garrone, Maria ; Swinnen, Johan F. M. |
Publisher: |
Leuven : Katholieke Universiteit Leuven, LICOS Centre for Institutions and Economic Performance |
Saved in:
freely available
Series: | LICOS Discussion Paper ; 403 |
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Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Working Paper |
Language: | English |
Other identifiers: | 1023802406 [GVK] hdl:10419/200487 [Handle] |
Source: |
Persistent link: https://www.econbiz.de/10012029847
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