Exclusivity of Agrifood Supply Chains: Seven Fundamental Economic Characteristics

This analysis focuses on defining and describing the unique economic characteristics of agrifood supply chains. The analysis includes seven specific economic characteristics of agrifood supply chains that distinguish them from other industrial manufacturing and service supply chains. The seven characteristics are: 1) risk emanating from the biological nature of agrifood supply chains, 2) the role of buffer stocks within the supply chain, 3) the scientific foundation of innovation in production agriculture having shifted from chemistry to biology, 4) cyberspace and information technology influences on agrifood supply chains, 5) the prevalent market structure at the farm gate remains oligopsony, 6) relative market power shifts in agrifood supply chains away from food manufacturers downstream to food retailers, and 7) globalization of agriculture and agri-food supply chains.


Editor(s):
IFAMR, IFAMA
Issue Date:
Dec 31 2011
Publication Type:
Journal Article
DOI and Other Identifiers:
ISSN #: 1559-2448 (Other)
PURL Identifier:
http://purl.umn.edu/119969
Published in:
International Food and Agribusiness Management Review, Volume 14, Issue 5
Page range:
27-52
Total Pages:
15
JEL Codes:
Q130
Note:
The IFAMR is published by the International Food and Agribusiness Management Association. IFAMA. www.ifama.org
Series Statement:
Volume 14
Issue 5




 Record created 2017-04-01, last modified 2017-08-26

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