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Agribusiness Firm Reactions to Regulations: The Case of Investments in Traceability Systems 31
Heyder, Matthias; Hollmann-Hespos, Thorsten; Theuvsen, Ludwig.
Markets for agricultural and food products are characterized by high information asymmetries since producers, processors and retailers are in most cases much better informed about the quality of their products than consumers (Henson/Traill 1993). Often consumers are only at (prohibitively) high costs or not at all able to control important quality criterions such as food safety, nutritional value or region of origin. Such credence attributes can result in market failure due to a lack of credible information in the market (Akerlof 1970). As a result, attempts to protect consumers against food hazards, product adulteration and deception have gained much relevance in food supply chains (Deimel et al. 2008). Besides the more or less voluntary private...
Tipo: Conference Paper or Presentation Palavras-chave: Agribusiness; Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety; Research and Development/Tech Change/Emerging Technologies; Risk and Uncertainty.
Ano: 2009 URL: http://purl.umn.edu/59118
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Agribusiness Firm Reactions to Regulations: The Case of Investments in Traceability Systems 31
Heyder, Matthias; Hollmann-Hespos, Thorsten; Theuvsen, Ludwig.
The regulatory framework of food production has changed a lot in recent years. As a result, traceability of food products as become mandatory in the European Union, nonetheless leaving room for more advanced solutions. This study answers the question what exactly determines firms’ investments in traceability systems by first developing a theoretical framework—the so‐called Tracking and Tracing Systems Investment Model—and then analyzing empirical data from the German food industry that provide in‐depth insights into companies’ investment behaviour. Altogether, 234 companies representing more than fifteen different sub‐sectors of the food‐processing industry participated in an online survey. The results show that German food firms can be divided into four...
Tipo: Journal Article Palavras-chave: Investment behaviour; Traceability; Tracking and tracing; Agribusiness; Food industry; Agribusiness; Food Consumption/Nutrition/Food Safety; Research Methods/ Statistical Methods.
Ano: 2010 URL: http://purl.umn.edu/97230
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