Analysis of farmers’ market power in the value chain of Arabica coffee in Lam Dong Province, Vietnam
The market that operates effectively will contribute to actors’ profit and welfare in the coffee value chain conversely if the market is affected by imperfect problems. Suppose the value chain lacks market news, short-term storage, information for product and processing, quality check, and marke...
Đã lưu trong:
| Những tác giả chính: | , , |
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| Định dạng: | Journal article |
| Ngôn ngữ: | Vietnamese |
| Được phát hành: |
HCMCOUJS-Economics and Business Administration
2022
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| Những chủ đề: | |
| Truy cập trực tuyến: | http://scholar.dlu.edu.vn/handle/123456789/773 |
| Các nhãn: |
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| Thư viện lưu trữ: | Thư viện Trường Đại học Đà Lạt |
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| Tóm tắt: | The market that operates effectively will contribute to actors’
profit and welfare in the coffee value chain conversely if the market
is affected by imperfect problems. Suppose the value chain lacks
market news, short-term storage, information for product and
processing, quality check, and market power. In that case, implied
chain actors’ profit and welfare will not be reached. A new method
can estimate market power by Lerner index through the stochastic
cost frontier once the inputs data price is unavailable and the
existence or non-existence of constant returns to scale. So this
approach is applied to evaluate farmers’ market power in the value
chain of Arabica coffee in Lam Dong Province, Vietnam. Primary
data were collected through interviews with 200 farmers Da Lat,
Lac Duong, Lam Ha, and Don Duong of Lam Dong Province. The
estimated results of the market power and Lerner rate are 0.001.
This index indicates that the local coffee market is perfect
competition. So the coffee growers do not have market power. The
RTS index of 0.56 (less than one) illustrates that farmers’ Return
To Scale (RTS) is decreased. Therefore, coffee farmers should link
together to establish cooperative that increases market power in
price negotiation and coffee consumption. |
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