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Registros recuperados: 40 | |
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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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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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Richetti, Alceu; Santos, Antonio Carlos dos. |
Through this present piece of work we aim at analysing the integrated system of chicken production in Minas Gerais, in accordance to the Economy in Transaction Costs, seeking especifically to describing the transaction features, administration forms as well as contractual relations. Transactions in the poultry breeding business include a high degree of specificity of actives which undepend on the breeders’ category, whether small or big, besides plenty of uncertainty, quite often , mainly when working in the integrated system via contracts. Such contracts, although they may vary in shape, take certain technical indexes into considerarion, when it comes to rewarding the integrated breeders. The chief advantages in taking part in the integration system are... |
Tipo: Journal Article |
Palavras-chave: Transaction costs; Vertical integration; Butcher’s chicken.. |
Ano: 2000 |
URL: http://purl.umn.edu/43354 |
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Szabo, Gabor G.. |
Farmers’ problems and co-ordination of agricultural activities cannot be solved simply by EU and/or government support, or by private market co-ordination institutions. Emerging producer groups and co-operatives seem vital in achieving bargaining power. Theoretically, and according to Western European (Dutch, Danish etc.) and US practical experience, one of the major important private institutions that can strengthen producers and help co-ordinate (agricultural) chains is the co-operative entity. To fulfill the basic co-operative aims and to compete in a more market-oriented environment (e.g. more liberal agricultural policies, opening European and world market, etc.) they will initiate new marketing strategies. To implement such new marketing strategies,... |
Tipo: Journal Article |
Palavras-chave: Co-operation; Co-operative identity; Co-operative principles; Strategy; Marketing; Co-ordination; Vertical integration; Agriculture; Farm Management; Marketing. |
Ano: 2007 |
URL: http://purl.umn.edu/107648 |
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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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Singley, Rodger; Wachenheim, Cheryl J.. |
In recent years, the U.S. beef industry has lost a significant portion of its historically dominant market share, due both to changes in consumer preferences and to an increase in the price of beef relative to pork and poultry. Changes within the beef industry to improve its competitive position have been slow and relatively unsuccessful. Challenges faced by the industry include a fragmented marketing channel and mistrust among its many participants, lack of specificity in product quality evaluation, and a lengthy and complex production cycle. Future success in maintaining or gaining market share will depend upon the availability of timely information, including forecasts of consumer demand, and the development of incentives to encourage effective... |
Tipo: Journal Article |
Palavras-chave: Beef branding; Coordination; Industry structure; Marketing channel; Vertical integration; Industrial Organization. |
Ano: 1999 |
URL: http://purl.umn.edu/14680 |
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Sykuta, Michael E.; Klein, Peter G.; James, Harvey S., Jr.. |
The rise of contract farming and vertical integration is one of the most important changes in modern agriculture. Yet the adoption and diffusion of these new forms of organization has varied widely across regions, commodities, or farm types, however. Transaction cost theories and the like are not fully effective at explaining the variation of adoption rates of different organizational forms, in part because of their inherent static nature. In order to explain the adoption, diffusion and evolution of organizational form, a more dynamic framework is required. This paper lays out such a framework for understanding the evolution of organizational practices in U.S. agriculture by drawing on existing theories of economic organization, the diffusion of... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Contracting; Vertical integration; Organizational innovation; Diffusion; Institutional and Behavioral Economics; L14; L22; Q13; O33. |
Ano: 2005 |
URL: http://purl.umn.edu/19390 |
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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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Vieira, Luciana Marques. |
This article aims to explore the vertical integration decision of a beef processor from an integrated approach operations strategy and transaction costs economic theory. In this research, vertical integration as a structural decision of operations strategy determined by the occurrence of transaction costs. The paper presents one case study carried out in one beef Processor Company which illustrates the main theoretical assumptions. The results suggest that transaction costs economics helps to identify key points of major strategic decisions on vertical integration due to its behavioural perspective, reducing the effect of uncertainty and asset specificity of this decision. At the end of the paper, future research is suggested. |
Tipo: Journal Article |
Palavras-chave: Vertical integration; Operations strategy; Transaction costs economics; Agribusiness; Agricultural Finance; Industrial Organization. |
Ano: 2008 |
URL: http://purl.umn.edu/61471 |
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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 (apparently) fails to attract non-farm or "private" investment? We hypothesize that farm capital is high cost, relative to that provided by private entrepreneurs (or in other words, that there is a degree of asset fixity in farm capital) but that it engenders greater organizational commitment-which is particularly important when expected market returns are low-on the part of producers. This commitment arises from the indirect incentive properties associated with at-risk capital. We... |
Tipo: Working or Discussion Paper |
Palavras-chave: Cooperative; Corporate financing; Moral hazard; Vertical integration; Agribusiness. |
Ano: 2003 |
URL: http://purl.umn.edu/18478 |
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Mishra, Ashok K.; Erickson, Kenneth W.; Harris, James Michael; Hallahan, Charles B.; Uematsu, Hiroki. |
This study examines the determinants of income diversification of farm households in the United States. Farm households allocate their time between farm and off-farm activities to help stabilized household income (consumption). What characterizes those households who engage in off-farm activities? Is there any pattern over time? Using 1999, 2003 and 2007 farm-level data from the USDA’s Agricultural Resource Management Survey (ARMS), this study estimates intensity of off-farm income (or income diversification). The results show that older operators, full owners, and small farms have higher intensity of off-farm income in total household income. In contrast, dairy farms, vertically coordinated farms and farms located in the Southern and Pacific regions have... |
Tipo: Journal Article |
Palavras-chave: Tobit; Income diversification; Vertical integration; Tenure; Farm households; Agricultural Finance; Consumer/Household Economics; D1; J2; Q12. |
Ano: 2010 |
URL: http://purl.umn.edu/61632 |
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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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