The economics of the food system revolution

A revolution in food systems—food supply chains upstream from farms, to the food industry in the midstream segments of processing and wholesale and in the downstream segment of retail, then on to consumers—has been under way in the United States for more than a century and in developing countries fo...

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Detalles Bibliográficos
Autores principales: Reardon, Thomas, Timmer, Peter C.
Formato: Journal Article
Lenguaje:Inglés
Publicado: Annual Reviews 2012
Materias:
Acceso en línea:https://hdl.handle.net/10568/153127
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author Reardon, Thomas
Timmer, Peter C.
author_browse Reardon, Thomas
Timmer, Peter C.
author_facet Reardon, Thomas
Timmer, Peter C.
author_sort Reardon, Thomas
collection Repository of Agricultural Research Outputs (CGSpace)
description A revolution in food systems—food supply chains upstream from farms, to the food industry in the midstream segments of processing and wholesale and in the downstream segment of retail, then on to consumers—has been under way in the United States for more than a century and in developing countries for more than three decades. The transformation includes extensive consolidation, very rapid institutional and organizational change, and progressive modernization of the procurement system. In this article we examine the economics of these system-wide changes. We argue that the steps of conceptualizing and empirically researching this transformation—its patterns and trends, determinants, and impacts on farms and processing small and micro enterprises—are still in their infancy because of (a) remaining limitations on data suitable for formal modeling and hypothesis testing and (b) the sheer complexity of food system–related decisions that need to be modeled and understood. With the rapid accumulation of high-quality data now under way, conceptual and theoretical progress is also likely to be rapid.
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spelling CGSpace1531272024-11-15T08:52:11Z The economics of the food system revolution Reardon, Thomas Timmer, Peter C. food industry supermarkets wholesalers technology developing countries supply chains vertical coordination A revolution in food systems—food supply chains upstream from farms, to the food industry in the midstream segments of processing and wholesale and in the downstream segment of retail, then on to consumers—has been under way in the United States for more than a century and in developing countries for more than three decades. The transformation includes extensive consolidation, very rapid institutional and organizational change, and progressive modernization of the procurement system. In this article we examine the economics of these system-wide changes. We argue that the steps of conceptualizing and empirically researching this transformation—its patterns and trends, determinants, and impacts on farms and processing small and micro enterprises—are still in their infancy because of (a) remaining limitations on data suitable for formal modeling and hypothesis testing and (b) the sheer complexity of food system–related decisions that need to be modeled and understood. With the rapid accumulation of high-quality data now under way, conceptual and theoretical progress is also likely to be rapid. 2012-08 2024-10-01T13:55:40Z 2024-10-01T13:55:40Z Journal Article https://hdl.handle.net/10568/153127 en Limited Access Annual Reviews Reardon, Thomas; Timmer, Peter C. 2012. The economics of the food system revolution. Annual Review of Resource Economics 4: 225-264
spellingShingle food industry
supermarkets
wholesalers
technology
developing countries
supply chains
vertical coordination
Reardon, Thomas
Timmer, Peter C.
The economics of the food system revolution
title The economics of the food system revolution
title_full The economics of the food system revolution
title_fullStr The economics of the food system revolution
title_full_unstemmed The economics of the food system revolution
title_short The economics of the food system revolution
title_sort economics of the food system revolution
topic food industry
supermarkets
wholesalers
technology
developing countries
supply chains
vertical coordination
url https://hdl.handle.net/10568/153127
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