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Registros recuperados: 51 | |
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Richter, Susan M.. |
The economic literature has highlighted how in the absence of income insurance risk averse households may voluntarily withdraw from credit markets, since contract terms may transfer too much risk to the household (Boucher, Carter, and Guirkinger, 2007). Therefore, households may forgo activities with higher expected income in favor of activities with less income variability across states of nature (Morduch, 1995). Recent literature has also evaluated how remittances provide households with insurance against income shocks (Yang and Choi, 2007; Rosenzweig and Stark, 1989) and how remittances may help households bypass financial intermediaries (Woodruff and Zenteno, 2001; Taylor, Rozelle, and de Brauw, 2003). There has been minimal attention, however, on how... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Financial Economics; Health Economics and Policy; F22; F24; L14; O1; 015. |
Ano: 2008 |
URL: http://purl.umn.edu/6261 |
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Mondelli, Mario P.; Zylbersztajn, Decio. |
What are the determinants of the commercial channel choice in the beef producers-processors transactions? The question refers to the coordination and production control problem associated to changes in consumer’s awareness of specific attributes in food products. Two contractual arrangements coexist in this transaction: direct-contracting and broker-induced transactions Transaction Cost Economic offers helpful insights to understand the reason for the development and adaptations of different contractual arrangement moved by transaction cost economizing perspective. The empirical analysis is focused in the Uruguayan beef agro-industrial system. Analysis integrates (i) institutional and organizational changes in the beef industry; (ii) based on the analysis... |
Tipo: Journal Article |
Palavras-chave: Vertical Coordination; Beef System; Contractual arrangement; Transaction Cost Economics; Agribusiness; D23; L14; Q13. |
Ano: 2008 |
URL: http://purl.umn.edu/61237 |
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Mykhaylenko, Maryna; Schaft, Franziska. |
This contribution aims to analyze the main factors determining the initiation of vertical coordination between processing enterprises and milk producers in Ukraine. In this regard special attention is paid to the role of uncertainty, asset specificity and resource availability. Furthermore, the impact of vertical coordination on quality improvement, trust development and strategic advantages achieved is analyzed. The survey results indicate that uncertainty is a major driver for the processing level to initiate vertical coordination schemes. Although vertical coordination appears to have positive impacts on both supplier groups, corporate farms tend to benefit more from vertical coordination schemes than semi-subsistence farms. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Vertical coordination; Transaction costs; Ukraine; Community/Rural/Urban Development; L14; Q12. |
Ano: 2010 |
URL: http://purl.umn.edu/94901 |
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Albano, Gian Luigi; Cesi, Berardino. |
When procurement contracts are awarded through competitive tendering participating firms commit ex ante to fulfil a set of contractual duties. However, selected contractors may find profitable to renege ex post on their promises by opportunistically delivering lower quality standards. In order to deter ex post moral hazard, buyers may use different strategies depending on the extent to which quality dimensions are contractible, that is, verifiable by contracting parties and by courts. We consider a stylized repeated procurement framework in which a buyer awards a contract over time to two firms with different efficiency levels. If the contractor does not deliver the agreed level of performance the buyer may handicap the same firm in future competitive... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Repeated Procurement; Handicapping; Relational Contracts; Stick and Carrot Strategy; Political Economy; C73; D82; D44; H57; K12; L14. |
Ano: 2008 |
URL: http://purl.umn.edu/6370 |
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Persitz, Dotan. |
The heterogeneous connections model is a generalization of the homogeneous connections model of Jackson and Wolinsky (1996) in which the intrinsic value of each connection is set by a discrete, positive and symmetric function that depends solely on the types of the two end agents. Core periphery networks are defined as networks in which the agents' set can be partitioned into two subsets, one in which the members are completely connected among themselves and the other where there are no internal links. A two-type society is defined as "power based" if both types of agents prefer to connect to one of the types over the other, controlling for path length. An exhaustive analysis shows that core periphery networks, in which the "preferred" types are in the... |
Tipo: Working or Discussion Paper |
Palavras-chave: Network Formation; Heterogeneity; Pairwise Stability; Institutional and Behavioral Economics; D85; L14. |
Ano: 2009 |
URL: http://purl.umn.edu/52338 |
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Sykuta, Michael E.. |
From production to retail, information systems have become increasingly important in the agrifood system. Retailers use information systems to improve inventory management and increase efficiency in production and logistics. Innovations in agribiotechnology and food safety issues highlighted by incidences related to Starlink corn and “mad cow disease” have raised consumer concerns about their food products. In addition to food safety concerns, consumers are increasingly willing to pay premiums for nonobservable quality characteristics in their food products. This paper outlines a framework for evaluating the implications of traceability for the organization of the agricultural system and highlights potential organizational responses to traceability... |
Tipo: Journal Article |
Palavras-chave: Agrifood system; Contracting; Organizational economics; Traceability; L14; L22; L23; Q13. |
Ano: 2005 |
URL: http://purl.umn.edu/43512 |
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Hunnicutt, Lynn; Bailey, DeeVon; Crook, Michelle. |
Concentration in beef packing has risen dramatically in the past 25 years. We develop measures used to describe feedlot-packer relations: (1) a statistic based on the proportion of its sales a feedlot makes to a given packer, and (2) a measure of the switching behavior of feedlots. The measures are calculated using a confidential data set from the USDA Grain Inspection, Packers, and Stockyards Administration. Relationships are found to be both exclusive and stable. Causes for this rigidity are then examined using regression analysis. Transaction costs are shown to help explain why this market differs from a perfectly competitive one. |
Tipo: Journal Article |
Palavras-chave: Beef packing; Market relationships; Transaction costs; Q13; L14; L66. |
Ano: 2004 |
URL: http://purl.umn.edu/43453 |
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Szabo, Gabor G.. |
The "concept of the co-operative identity" (consisting from the definition, aims and functions of cooperatives and the so-termed co-operative principles) serves as a general theoretical background for the economic analysis of agricultural co-operation. The development of Dutch dairy co-operatives is used as a case study example, which suitably illustrates and represents the processes taking place in the European Union. Some suggestions for further research on the co-operative identity according to each country and different branches and sectors in order to see the substance of co-operation from different economic and non-economic aspects are proposed. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Agriculture; Co-operative; Identity; Principles; Strategy; Agribusiness; Q13; L14; L22. |
Ano: 2005 |
URL: http://purl.umn.edu/24453 |
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Registros recuperados: 51 | |
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