Concerns about market power and competition in the agri-food sector are widespread, with commentators regularly suggesting that farmers are in a structurally weaker position than other actors, who therefore benefit at their expense. The evidence reviewed in this paper indicates that downstream...

This chapter traces the evolution of the agricultural economics literature on agrifood output markets over the past 50 years, emphasizing research approaches and policy issues. The analysis of agrifood systems encompasses the demand and supply side of output markets. The analysis in this chapter...

This paper incorporates the interdisciplinary New Institutional Economics in a comprehensive framework for analyzing risk management in the agri-food sector. First, it specifies the diverse types of agri-food risks (natural, technical, behavioral, economic, policy, etc.) and the modes of their...

Driven by urbanisation and income growth, the West African food economy has radically changed over the past 60 years. The food economy, including all activities involved in producing food, from production to processing, transport and distribution totalled USD 178 billion in 2010, equal to 36% of...

Fueled by a burgeoning population, urbanisation and income growth, West African food demand is rapidly transforming, with striking increases in total quantities demanded, growing preference for convenience, diversification of diets towards more perishable products, and an increased concern for...

This chapter focuses upon competitive relationships in agricultural markets. These markets often exhibit high and increasing levels of buyer and/or seller concentration. Both food manufacturing and retailing are characterized by aggressive attempts by firms to achieve product differentiation....

This paper explores food supply chain resilience and its connection to resilience of food systems more broadly. In terms of availability and affordability, food supply chains have been resilient to a wide range of shocks. Trade plays an important risk pooling role in allowing countries to draw...

As consumers' demand for organic products grows, selling organic products potentially opens up profitable market participation options for farmers in developing countries. This paper studies two aspects of profitability for the producers. It uses hedonic demand theory and empirical analysis to...

As consumers' demand for organic products grows, selling organic products potentially opens up profitable market participation options for farmers in developing countries. This paper studies two aspects of profitability for the producers. It uses hedonic demand theory and empirical analysis to...