A General Equilibrium Framework for the Food Marketing System

Everett Peterson, Thomas Hertel and Paul Preckel ()

European Review of Agricultural Economics, 1994, vol. 21, issue 1, 37-57

Abstract: This paper develops a general framework for the analysis of marketing margins and the food system. It extends previous work by: (i) disaggregating farm-level production, food processing and food wholesale/retail activities, (ii) introducing closure with respect to production and consumption in other regions. An analysis of the impact of income growth on the farm-retail price spread is shown to be dependent on the source of the income growth. Copyright 1994 by Oxford University Press.

Date: 1994
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European Review of Agricultural Economics is currently edited by Timothy Richards, Salvatore Di Falco, Céline Nauges and Vincenzina Caputo

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