The work investigates empirically the degree of integration and the hierarchical structure of the EU pork meat markets using tools and concepts from Graph Theory. The empirical results suggest: First, the strength of price co-movement has been closely related to the physical distance between...

This work investigates price risk connectedness in the leading olive oil markets of the EU. To this end, it relies on a flexible methodology that allows modeling price linkages across multiple markets in the physical and the product quality space and weekly prices from Spain, Italy, and Greece....

Time-series tests and analysis of disparities over time are employed in this paper to investigate convergence of cost competitiveness in the food, beverages, and tobacco manufacturing of 14 EU countries and the USA. According to the empirical results, there has been no uniform pattern of...

The paper analyzes quality choices in a vertical structure involving a monopolist food manufacturer (national brand-NB producer) and a monopolist retailer supplying both the national brand as well as a private label (PL). The analysis is based on a three-stage dynamic game. According to the...

In this paper convergence in per capita incomes (personal and disposable) in US states over 1929-2005 is revisited using the notion of relative stochastic convergence and stationarity tests for panel data. According to the results, although the dispersion of per capita income be-came stationary...

The paper provides estimates of productivity growth in the 4-digit SIC food and beverages manufacturing industries in the US for the period 1986-96 using Balk's (2001) decomposition of the Malmquist productivity index (MPI). The empirical results suggest that for the overwhelming majority of...

The paper analyzes quality choices in a vertical structure involving a monopolist food manufacturer (national brand-NB producer) and a monopolist retailer supplying both the national brand as well as a private label (PL). The analysis is based on a threestage dynamic game. According to the...

The observed “soft” coordination at European and national level has hindered progress in terms of raising social welfare and reducing the risk of poverty in EU. This is a source of concern given that the fruits of economic efficiency should be shared by the individuals and Member States of...

Stochastic kernels are used in this paper to investigate intra-distribution dynamics in the world per capita intakes of proteins and fats. The analysis of actual transitions over the last 40 years indicates that lagging countries improved their position relative to the leading. Long-run...