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Vertical relationships in the value chain: an analysis based on price information for cod and salmon in Europe

Research output: Book/ReportBook

During the last decades, distribution and processing has become more concentrated in many industries. This is due to innovations in processing, transports, distribution and logistics that increase the efficient scale of operation. The potential scale economies and concentration increase the possibility to exploit market power for those firms with key location in the value chain (Tirole, 1988). On the other hand, the increased scale of production may well lead to concentration to exploit the economies of scale without enabling firms to exploit market power (Paul, 2001). As demonstrated in Guillotreau and Le Grel (2001), this is a highly relevant issue in relation to seafood, as many value chains experience substantial changes that lead to higher concentration of retailers as the share of food that is sold through supermarkets increases.
Original languageEnglish
Place of PublicationBergen, Norway
PublisherInstitute for Research in Economics and Business Administration
Number of pages103
ISBN (Print)8249101715
Publication statusPublished - Jan 2002

Publication series

NameCentre for fisheries economics report
PublisherInstitute for Research in Economics and Business Administration


  • R48_01.pdf

    Final published version, 674 KB, PDF document

Related information

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