The role of market power in the EU food supply chain
In recent years, there has been growing interest on the functioning of food supply chains in the face of significant external challenges, such as a growing demand for agricultural production worldwide and price volatility. This report is the first to analyze the functioning of the food supply chain in terms of firm-level mark-up volatility of its actors. The results show that the farm sector has a significantly higher volatility than its counterparts in the food supply chain.
A good understanding of mark-up dynamics is crucial for improving the economic sustainability of the food supply chain.