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Please use this identifier to cite or link to this item: http://hdl.handle.net/1942/14590

Title: EU harmonisation of regulations and mark-ups in the Dutch food industry
Authors: VANCAUTEREN, Mark
Issue Date: 2013
Publisher: OXFORD UNIV PRESS
Citation: EUROPEAN REVIEW OF AGRICULTURAL ECONOMICS, 40 (1), p. 163-189
Abstract: 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 19922005. 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.
Notes: Vancauteren, M (reprint author), Hasselt Univ, Dept Quantitat Methods, B-3590 Diepenbeek, Belgium. mark.vancauteren@uhasselt.be
URI: http://hdl.handle.net/1942/14590
DOI: 10.1093/erae/jbs009
ISI #: 000312884100008
ISSN: 0165-1587
Category: A1
Type: Journal Contribution
Validation: ecoom, 2014
Appears in Collections: Research publications

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