This study develops a microeconometric model of specialized dairy farms in the Moscow region using panel data over the period 1995-2001. The model is used to analyze the role of subsidies on profit as well as input and output allocation. Theoretical conditions for short-term profit maximization...

The increase in market concentration and market power in the food supply chain is an issue of concern globally. This study focuses on an analysis of market imperfections in the Italian processed tomato food supply chain by considering changes in its supply chain governance from 2006–2018. The...

Optimization of individual stages within a production-marketing chain (PMCh) may cause a suboptimal result of the PMCh as a whole. Market imperfections and conflicting interest may be the causal factors. Although vertical integration is often mentioned as the conventional solution, certain...