Economics & Econometrics · Life Sciences Management & Policy

Advanced Seminar Economics, Policy & Econometrics: Current Topics in Value Chain Economics

WI0012506 ECTSEnglishwinter/summerMaster60 contact h

Content

The module deals with the economic performance, efficiency, sustainability and fairness of food value chains from an applied perspective. Key topics of the module may thereby include: Coordination of supply chains (business relationships among different actors in supply chains: role of contracts, hybrid organizations, producer organizations etc. Role of small-size farms and farmers in local and global supply chains Market and bargaining power, (un)fair business practices Role of food labels and certification Current trends and their economic implications. Examples are the increasing relevance of regional/local products; healthy products; dietary trends. European- level and national-level policies affecting agro-food value chains.

Learning outcomes

After successful completion of this module, students will have in-depth knowledge on how to conceptualize, plan and conduct a research project in food (and related) value chain and their governance. Moreover, students will be able to i) identify and structure a research topic, ii) procure and screen relevant literature, iii) develop a study instrument; iv) write a scientific research report, iv) present their findings in front of their peers as well as v) entering and moderating a scientific discussion on their topic. The module thereby prepares students for the scientific analyses conducted in their master theses

Examination

Grading will be based on a project with presentation in form of teamwork. The results of the project are summarized in a written report (12-15 pages, 50% of the grade) and reported in an oral presentation (20 min., 50% of the grade) with subsequent discussion.

Prerequisites

Knowledge in microeconomics

Teaching & learning methods

The module is a seminar and provides students with in-depth knowledge in the economics of value chains, with an emphasis on agro-food value chains. The seminar starts with a series of introductory lectures surrounding one or more selected state-of-the-art and policy-relevant topics. Priorities are given to topical topics for which the interest and involvement of external institutions (e.g., the European Union’s Joint Research Centre) can be insured. Activities are typically carried out in parallel in coordination with other universities and students will have the opportunity to collaborate and exchange with students from those universities. Guided by the instructor(s) through the entire process, students will work alone and/or in groups to plan and carry out a topic- specific research project (e.g., development of a survey instrument, collection of data/information). Activities will include also literature search and scientific writing of a project report.
Media & reading list
PowerPoint presentations, economic textbooks, scientific articles Allain, M. L., & Chambolle, C. (2005). Loss-leaders banning laws as vertical restraints. Journal of Agricultural & Food Industrial Organization, 3(1). Bonnet, C., & Dubois, P. (2010). Inference on vertical contracts between manufacturers and retailers allowing for nonlinear pricing and resale price maintenance. The RAND Journal of Economics, 41(1), 139-164. Chauve, P., Parera, A., & Renckens, A. (2014). Agriculture, Food and Competition Law: Moving the Borders. Journal of European Competition Law & Practice, 5(5), 304-313. European Parliament (2009) Fair revenues for farmers: A better functioning food supply chain in Europe, Resolution (2009/2237(INI)) Maertens, M., & Swinnen, J. F. (2008). Standards as barriers and catalysts for trade, growth and poverty reduction. Journal of International Agricultural Trade and Development, 4(1), 47-61. Maglaras, G., Bourlakis, M., & Fotopoulos, C. (2015). Power-imbalanced relationships in the dyadic food chain: An empirical investigation of retailers' commercial practices with suppliers. Industrial Marketing Management, 48, 187-201. Menapace, Luisa, and GianCarlo Moschini. "Quality certification by geographical indications, trademarks and firm reputation." European Review of Agricultural Economics 39.4 (2012): 539-566. Ola, Oreoluwa, and Luisa Menapace. "A meta-analysis understanding smallholder entry into high- value markets." World Development 135 (2020): 105079. Ola, Oreoluwa, and Luisa Menapace. "Revisiting constraints to smallholder participation in high# value markets: A best#worst scaling approach." Agricultural Economics (2020).Ronnen, U. (1991). Minimum quality standards, fixed costs, and competition. The RAND Journal of economics, 490-504. Russo, C., Perito, M. A., & Di Fonzo, A. (2014). Using private food safety standards to manage complexity: a moral hazard perspective. Agricultural Economics Review, 15(389-2016-23512), 113-127. Russo, C., Perito, M. A., & Di Fonzo, A. (2017). 8. The apparent paradox of unadvertised private food safety standards1. It's a jungle out there–the strange animals of economic organization in agri-food value chains, 161. Saitone, T. L. (2012). Are Minimum Quality Standards Imposed by Federal Marketing Orders Acting as Nontariff Trade Barriers?. Agribusiness, 28(4), 483-504. Sexton R. (2017). Unfair Trading Practices in the Food Supply Chain: Defining the problem and the policy issues. In Marcantonio, F. Di and P. Ciaian (Editors), Unfair trading practices in the food supply chain: A literature review on methodologies, impacts and regulatory aspects, European Commission, Joint Research Centre. Vaqué, L. G. (2014). Unfair Practices in the Food Supply Chain: A Cause for Concern in the European Union's Internal Market which Requires an Effective Harmonising Solution. European Food and Feed Law Review, 9(5), 293-301. Von Schlippenbach, V., & Teichmann, I. (2012). The strategic use of private quality standards in food supply chains. American Journal of Agricultural Economics, 94(5), 1189-1201.

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