Journal Article

EU harmonisation of regulations and mark-ups in the Dutch food industry

M. Vancauteren

in European Review of Agricultural Economics

Volume 40, issue 1, pages 163-189
Published in print February 2013 | ISSN: 0165-1587
Published online May 2012 | e-ISSN: 1464-3618 | DOI: https://dx.doi.org/10.1093/erae/jbs009
EU harmonisation of regulations and mark-ups in the Dutch food industry

More Like This

Show all results sharing these subjects:

  • International Trade
  • Production and Organizations
  • Single Equation Models; Single Variables
  • Market Structure, Firm Strategy, and Market Performance

GO

Show Summary Details

Preview

This paper studies the effect of EU harmonisation of food regulations on time-varying, firm-heterogeneous mark-ups using data on Dutch food-processing firms during 1992–2005. EU product standard harmonisation is measured using data at the 8-digit combined nomenclature product level. EU harmonisation generates short- and long-run pro-competitive effects: on average, an increase of 50 per cent in the sales-weighted coverage ratio of EU harmonisation leads to a decrease in mark-ups of 7 per cent after 1 year and by 11.5 per cent in the long-run. By taking account of firm heterogeneity, I show that this pro-competitive effect is more pronounced for (i) small firms, (ii) more concentrated firms, (iii) single-product firms, (iv) firms belonging to food sub-sectors which are less affected by EU harmonisation and (v) during the first half of the sample period.

Keywords: technical barriers to trade; EU harmonisation; mark-ups; firm-level data; C23; D24; F15; L11

Journal Article.  10487 words.  Illustrated.

Subjects: International Trade ; Production and Organizations ; Single Equation Models; Single Variables ; Market Structure, Firm Strategy, and Market Performance

Full text: subscription required

How to subscribe Recommend to my Librarian

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content. subscribe or login to access all content.