Assessing the market power of millers and wholesalers in the Bangladesh rice sector

dc.creatorRahman, M.C.
dc.creatorPede, Valerien O.
dc.creatorBalie, J.
dc.creatorPabuayon, I.M.
dc.creatorYorobe, J.M.
dc.creatorMohanty, Samarendu
dc.date2021-05-24
dc.date2020-09-02T18:03:29Z
dc.date2020-09-02T18:03:29Z
dc.date.accessioned2026-06-27T04:08:17Z
dc.descriptionPurpose: Because of the increasing differential between farm and retail prices, the study proposes to investigate the extent of market power in the rice value chain of Bangladesh using advanced econometric techniques. Design/ methodology/ approach: Using a Stochastic Frontier Estimation approach on cross-sectional data, the study examines the price spread along the rice value chain to determine whether millers and wholesalers exercise market power. Findings: Empirical results reveal that, on average, rice millers and wholesalers charge 33 and 29% above the marginal cost, respectively. This study confirms the non-competitive behavior of the rice market with wholesalers and millers wielding substantial market power. Research limitations/ implications: A limitation of the study is that it does not include the retailers who also play a major role in the Bangladesh rice value chain. This is left for future study. Originality/ value: This study combines primary and secondary data collected on the Bangladesh rice sector to examine the market power of two major players along the value chain, millers and wholesalers, using an advanced econometrics approach.
dc.identifierhttps://hdl.handle.net/10568/109176
dc.identifier.urihttp://hdl.handle.net/123456789/22765
dc.languageen
dc.publisherEmerald Publishing Limited
dc.rightsLimited Access
dc.sourceRahman, M.C.; Pede, V.; Balie, J.; Pabuayon, I.M.; Yorobe, J.M.; Mohanty, S. (2020). Assessing the market power of millers and wholesalers in the Bangladesh rice sector. Journal of Agribusiness in Developing and Emerging Economies. ISSN 2044-0839. Published Online 21Jul2020
dc.subjectrice
dc.subjectvalue chains
dc.subjectmarketing margins
dc.subjectstochastic models
dc.subjectdevelopment
dc.subjectagricultural
dc.subjectbiological sciences
dc.subjectdevelopment economics
dc.subjecteconometrics
dc.titleAssessing the market power of millers and wholesalers in the Bangladesh rice sector
dc.typeJournal Article

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