Skip to main content

Markets

  • Chapter
  • First Online:
A New Paradigm for Greek Agriculture
  • 312 Accesses

Abstract

Farmers in Greece are faced with highly concentrated markets upstream and downstream. Land prices are still high relative to neighbouring Balkan countries. The credit market suffers from high interest rates, mainly due to the dire conditions of the bank sector, and the privatization of the Agricultural Bank of Greece. The farm inputs industry is highly oligopolistic and captures a large share of agricultural rents. The retail sector is able to charge high margins in agri-food products. Farm cooperatives are very weak, being highly leveraged and suffering from severe issues of mismanagement and corruption.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Institutional subscriptions

References

  • CIAA. 2011. Data and Trends in the European Food and Drink Industry. http://www.fooddrinkeurope.eu.

  • Fulton, M.E., and Hueth, B. 2009. Cooperative Conversions, Failures and Restructurings: Case Studies and Lessons from U.S. and Canadian Agriculture. Saskatoon, Sask: Center for the Study of Cooperatives, University of Saskatchewan.

    Google Scholar 

  • Giraud-Heraud, E., C. Grazia, and A. Hammoudi. 2009. Agrifood Safety Standards, Market Power, and Consumer Misperceptions. Journal of Food Products 16 (1): 92–128.

    Google Scholar 

  • Henry, Hagen. 2012. Guidelines for Cooperative Legislation. Geneva: International Labour Organization.

    Google Scholar 

  • Iliopoulos, C. 2013. Support for Farmers’ Cooperatives: Country Report Greece European Commission. http://ec.europa.eu/agriculture/external-studies/support-farmers-coop_en.htm.

  • Iliopoulos, C., and V. Valentinov. 2012. Opportunism in Agricultural Cooperatives in Greece. Outlook on Agriculture 41 (1): 15–19.

    Google Scholar 

  • Kaditi, E. 2012. Analysis of the Greek Food Chain. Athens: Centre of Planning and Economic Research (ΚΕΠΕ).

    Google Scholar 

  • Karantininis, K., and D. Zylbersztajn. 2007. The global farmer: typology, institutions and organisation. Journal on Chain and Network Science 7 (1): 71–83.

    Google Scholar 

  • Netherlands Embassy in Athens Greece. 2012. Developments in the Greek Horticultural Sector.

    Google Scholar 

  • Nilsson, J., G.L.H. Svendson, and G.T. Svendson. 2012. Are Large and Complex Agricultural Cooperatives Losing their Social Capital? Agribusiness 28 (2): 187–204.

    Google Scholar 

  • NYT. 2013. Who Owns This Land? In Greece, Who Knows?

    Google Scholar 

  • Petrick, M., and M. Kloss. 2013. Exposure of EU Farmers to the Financial Crisis. Choices 28 (2).

    Google Scholar 

  • Putnam, R.D. 2001. Bowling Alone: The Collapse and Revival of American Community. New York: Simon and Schuster.

    Google Scholar 

  • Rezitis, Anthony N., and Kalantzi Maria. 2011. A. Investigating market structure of the Greek manufacturing industry: A Hall-Roeger approach. Atlantic Economic Journal 39 (4): 383–400.

    Google Scholar 

  • Rezitis, Anthony N., and Maria A. Kalantzi. 2013. Measuring the Degree of Market Power in the Greek Manufacturing Industry. International Review of Applied Economics 27 (3): 339–359.

    Google Scholar 

  • Skouras, S., and N. Christodoulakis. 2014. Electoral misgovernance cycles: evidence from wildfires and tax evasion in Greece. Public Choice 159 (3–4): 533–559.

    Google Scholar 

  • Swinnen, J.F.M., and L. Knops. 2013. Land, Labour, and Capital Markets in European Agriculture: Diversity Under a Common Policy. Brussels: Centre for European Policy Studies (CEPS).

    Google Scholar 

  • Swinnen, J.F.M., P. Ciaian, and D.A. Kancs. 2008. Study on the Functioning of Land Markets in the EU Member States under the Influence of Measures applied under the Common Agricultural Policy. Unpublished Report to the European Commission. Brussels: Centre for European Policy Studies.

    Google Scholar 

  • USDA. 2012. GAIN Report. Greece: Retail Foods. GR 1209.

    Google Scholar 

  • WEF. 2014. Enhancing Europe’s Competitiveness. Fostering Innovation-driven Entrepreneurship in Europe. World Economic Forum (WEF).

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Kostas Karantininis .

Rights and permissions

Reprints and permissions

Copyright information

© 2017 The Author(s)

About this chapter

Cite this chapter

Karantininis, K. (2017). Markets. In: A New Paradigm for Greek Agriculture. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-59075-2_4

Download citation

  • DOI: https://doi.org/10.1007/978-3-319-59075-2_4

  • Published:

  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-319-59074-5

  • Online ISBN: 978-3-319-59075-2

  • eBook Packages: Economics and FinanceEconomics and Finance (R0)

Publish with us

Policies and ethics