THE PROBLEM OF GEOGRAPHICAL DELIMITATION OF AGRI-FOOD MARKETS: EVIDENCE FROM THE BUTTER MARKET IN EUROPEAN UNION Cover Image

THE PROBLEM OF GEOGRAPHICAL DELIMITATION OF AGRI-FOOD MARKETS: EVIDENCE FROM THE BUTTER MARKET IN EUROPEAN UNION
THE PROBLEM OF GEOGRAPHICAL DELIMITATION OF AGRI-FOOD MARKETS: EVIDENCE FROM THE BUTTER MARKET IN EUROPEAN UNION

Author(s): Michał Pietrzak, Monika Roman
Subject(s): Agriculture, Evaluation research, Financial Markets
Published by: Szkoła Główna Gospodarstwa Wiejskiego w Warszawie
Keywords: market delimitation; delineation of geographic scope; agri-food market; butter market; European Union;

Summary/Abstract: Although market is a basic economic category, many studies neglect the need to define it in geographical dimension. It is fundamentally important in agribusiness, where the spatial competition and problem of market power at successive stages of supply chain occur. The aims of the paper are twofold: to discuss the problem of geographical delimitation of agricultural markets and to define geographic limits of the butter market based on Elzinga–Hogarty method. Using secondary data we find that the butter market is international in the scope, and after the abolition of the milk quota, this scope is evolving from European to semi-global.

  • Issue Year: 17/2018
  • Issue No: 3
  • Page Range: 85-95
  • Page Count: 11
  • Language: English
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