000163912 001__ 163912
000163912 005__ 20250206162432.0
000163912 0247_ $$2doi$$a10.22004/ag.econ.163912
000163912 037__ $$a886-2016-64668
000163912 037__ $$a886-2016-64878
000163912 041__ $$aeng
000163912 245__ $$aThe Impact of Market Imperfections on Heterogeneous Firm Output, Productivity, and Profit
000163912 260__ $$c2011
000163912 269__ $$a2011
000163912 300__ $$a24
000163912 336__ $$aJournal Article
000163912 520__ $$aThe present paper studies the impact of market imperfections on
heterogeneous firm output, productivity, and profit in the presence of food
price volatility. Using a unique firm-level panel data set for about 20,000
agricultural producers in Central and Eastern Europe (CEE), we estimate the
impact of food price shocks on small- and medium-sized individual farms
(IF) and large corporate farms (CF). Our empirical findings suggest that, in
relative terms, the rising food prices might reduce the output, productivity,
and profit of individual farms compared to large corporate farms. Simulation
results show that, depending on the relative price changes in input and
output markets, the output response of individual farms is between 6% and
18% lower than the output response of corporate farms.
000163912 546__ $$aEnglish
000163912 650__ $$aDemand and Price Analysis
000163912 650__ $$aFood Consumption/Nutrition/Food Safety
000163912 650__ $$aProduction Economics
000163912 6531_ $$amarket imperfections
000163912 6531_ $$acredit constraint
000163912 6531_ $$afood price shock
000163912 6531_ $$afood policy
000163912 6531_ $$aheterogeneous firms
000163912 6531_ $$aindividual farms
000163912 6531_ $$acorporate farms
000163912 6531_ $$aCEE
000163912 700__ $$aCiaian, Pavel
000163912 700__ $$aKancs, d'Artis
000163912 773__ $$q49$$o72$$tJournal of Rural Cooperation$$j39$$k01$$d2011
000163912 8564_ $$9924c581b-aab3-42a2-b7dd-d25546816caf$$s295952$$uhttps://ageconsearch.umn.edu/record/163912/files/Ciaian%20jrc39-1_2011_.pdf
000163912 887__ $$ahttp://purl.umn.edu/163912
000163912 909CO $$ooai:ageconsearch.umn.edu:163912$$pGLOBAL_SET
000163912 912__ $$nSubmitted by Elizabeth Hilber (hilb0033@umn.edu) on 2014-02-13T20:13:34Z
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  Previous issue date: 2011
000163912 913__ $$aLicense granted by Elizabeth Hilber (hilb0033@umn.edu) on 2014-02-13T20:09:58Z (GMT):

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000163912 980__ $$a886
000163912 982__ $$gJournal of Rural Cooperation>Volume 39, Number 1, 2011