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Registros recuperados: 40 | |
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Hueth, Brent; Marcoul, Philippe; Ginder, Roger G.. |
Cooperative formation in agriculture sometimes occurs in response to the exit of a private firm and typically requires substantial equity investment by participating farmers. What economic rationale can explain why farmers are willing to contribute capital to an activity that fails to attract non-farm, or "private" investment? We hypothesize that doing so is a costly mechanism for increasing the maximum penalty farmers face in the case of business failure. For a given market environment, exposing farmers to this risk increases the amount of surplus that can be used to repay lenders, thus expanding the set of market environments in which financing is available. We show how equity investment of this sort can be an efficient organizational response to a... |
Tipo: Working or Discussion Paper |
Palavras-chave: Cooperative; Corporate finance; Moral hazard; Vertical integration; Agribusiness; Marketing. |
Ano: 2004 |
URL: http://purl.umn.edu/18610 |
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Harl, Neil E.. |
Dramatic increases in concentration in the seed business, coupled with aggressive efforts to vertically integrate the agricultural sector and to institute contract-based production of commodities, have raised questions about the economic position of producers. Disparate positions of market power by highly concentrated input suppliers on the one hand (particularly seed suppliers because of control over germ plasm and a monopoly position over seed varieties through plant patents or plant variety protection certificates), and producers in nearly perfect competition on the other, suggest that the revenue division from production is likely to be redefined in favor of the party with the greater market and economic power. Possible solutions include aggressive... |
Tipo: Journal Article |
Palavras-chave: Agriculture; Antitrust; Barriers to entry; Collective action; Concentration; Contract; Seed; Vertical integration; Farm Management; Industrial Organization. |
Ano: 2000 |
URL: http://purl.umn.edu/14701 |
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Ahearn, Mary Clare; Korb, Penelope J.; Banker, David E.. |
This paper examines the industrialization process of U.S. agriculture by examining the trends in the number of farms, the concentration of production during the last decade, and the dynamics of farm survivability, entry, and exit underlying aggregate statistics. We next examine vertical coordination as part of the industrialization process and highlight contracting in the poultry industry. The analysis provides evidence that production is continuing to be concentrated on a smaller number of farms at a relatively rapid rate, in spite of the stability in the number of farms. Although contracting clearly dominates the broiler industry, it is less prevalent in egg and turkey production, where other forms of vertical coordination are likely established. |
Tipo: Journal Article |
Palavras-chave: Broilers; Contracting; Eggs; Industrialization; Poultry; Structural change; Turkeys; Vertical integration; D23; D40; L11; L14 L22; L23; Q12. |
Ano: 2005 |
URL: http://purl.umn.edu/43511 |
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Nagy-Kovacs, Erika; Wachtler, Istvan. |
Vizsgáltuk, melyek azok a feladatok, amelyek megoldása a szőlő-bor termékpályán javíthatják a gazdálkodók helyzetét, versenyképességét. Legfontosabb megállapításunk, hogy a versenyképesség fokozásában jelenleg az üzemi méret növelése, az integráció (gépkörök, pinceszövetkezetek), az alkalmazott technológia korszerűsítése kiemelten fontos feladat. Integrátor lehet pinceszövetkezet, vagy tőkeerős feldolgozó vállalkozás, amely szerződéses kapcsolatban áll a termelőkkel. A gazdák nagy része még nem ismerte fel az integráció nyújtotta előnyöket és lehetőségeket. Az ismeretek, a bizalom és ebből adódóan az összefogás hiánya kedvezőtlenül befolyásolja a Mátrai Borvidék helyzetét. A gazdasági kooperációk különböző formái azonban megtalálhatók. A hosszú távú... |
Tipo: Journal Article |
Palavras-chave: Szőlő-bor termékpálya; Vertikális együttműködés; Érdwekazonosság vine production chain; Vertical integration; Agribusiness; Agricultural and Food Policy; Crop Production/Industries. |
Ano: 2005 |
URL: http://purl.umn.edu/54857 |
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Martinez, Stephen W.. |
Recent changes in structure of the U.S. pork industry reflect, in many ways, past changes in the broiler industry. Production contracts and vertical integration in the broiler industry facilitated rapid adoption of new technology, improved quality control, assured market outlets for broilers, and provided a steady flow of broilers for processing. Affordable, high-quality chicken products have contributed to continual increases in U.S. chicken consumption, which has surpassed pork and beef on a per capita basis. Incentives for contracting and vertical integration in the pork industry may yield comparable results. If so, these arrangements might be expected to result in larger supplies of higher quality pork products at economical prices. |
Tipo: Report |
Palavras-chave: Vertical coordination; Vertical integration; Contracts; Transaction costs; Technology; Chicken; Pork; Livestock Production/Industries. |
Ano: 1999 |
URL: http://purl.umn.edu/34031 |
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Goodwin, Harold L., Jr.. |
The poultry industry is the most vertically integrated of U.S. agriculture and food production and is rapidly progressing toward being one of the most concentrated. In 2002, the top 15 broiler states accounted for 94.4% of U.S. production. From 1982-2002, the top four broiler firms had a fivefold increase in Ready-to-Cook (R-T-C) pounds, a tripling of plants and four-and eight-firm concentration ratio increases of 27.9% to 48.2% and 44.1% to 66.6%. In a broad sense, chicken became more affordable, appealing, and available; total R-T-C pounds increased from 234 to 663 million pounds between 1982 and 2002. |
Tipo: Journal Article |
Palavras-chave: Broilers; Concentration; Poultry pricing; Poultry production; Vertical integration; L11; L22; M11; Q13; R30. |
Ano: 2005 |
URL: http://purl.umn.edu/43510 |
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Harwood, Joy L.; Heifner, Richard G.; Coble, Keith H.; Perry, Janet E.; Somwaru, Agapi. |
The risks confronted by grain and cotton farmers are of particular interest, given the changing role of the Government after passage of the 1996 Farm Act. With the shift toward less government intervention in the post-1996 Farm Act environment, a more sophisticated understanding of risk and risk management is important to help producers make better decisions in risky situations and to assist policymakers in assessing the effectiveness of different types of risk protection tools. In response, this report provides a rigorous, yet accessible, description of risk and risk management tools and strategies at the farm level. It also provides never-before-published data on farmers' assessments of the risks they face, their use of alternative risk management... |
Tipo: Report |
Palavras-chave: Crop insurance; Diversification; Futures contracts; Leasing; Leveraging; Liquidity; Livestock insurance; Marketing contracts; Options contracts; Production contracts; Revenue insurance; Risk; Vertical integration; Farm Management; Risk and Uncertainty. |
Ano: 1999 |
URL: http://purl.umn.edu/34081 |
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Brennan, Timothy J.. |
Following recent telecommunications mergers, local (mostly municipal and county) governments and the federal government are fighting over who should determine whether cable television systems must make their facilities available to unaffiliated providers of high-speed ("broadband") Internet service. This intergovernmental dispute is only the latest in a series of such clashes regarding competition and communications policy. A brief review of the policy suggests that substantively, local open-access requirements are not yet warranted. However, the economics of federalism, primarily that the relevant markets are local, indicates that local governments should have the right to choose these policies, perhaps erroneously. Federal preemption could prevent... |
Tipo: Working or Discussion Paper |
Palavras-chave: Federalism; Internet; Regulation; Vertical integration; Research and Development/Tech Change/Emerging Technologies; H1; L5; L1. |
Ano: 2001 |
URL: http://purl.umn.edu/10823 |
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Registros recuperados: 40 | |
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