The structure of the dairy processing industry in the European Union has changed enormously in recent decades. In many countries the industry is characterized by a few large companies with a big market share accompanied by many small processors that often produce for niche markets. This paper...

In the October – December quarter of 2012, the business climate index declined to 4.5 points having recorded a score of 8 points in the previous (July – September) quarter. The deterioration of business environment perceptions emanated from elevated risks arising from the budget support...

This paper highlights the strategic role retailers private quality standards play in food supply chains. Considering two symmetric downstream firms that are exclusively supplied by a finite number of upstream firms and letting the upstream firms decide which retailer to supply, we show that...