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Registros recuperados: 84 | |
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Lanzona, Leonardo; Evenson, Robert E.. |
The paper aims to measure transaction costs and its effects on labor market participation and on wage earnings. The observed differences between buying and selling prices of rice across households are used to calculate transaction costs indices for villages which are incorporated into the standard labor market participation and Mincer wage equations. The estimates indicate that transaction costs may be a source of the income differentials between (a) the landed and the landless, (b) the rural and the urban areas, and (c) the males and the females. Furthermore, biases can be noted in the regression coefficients of estimates that do not control for transaction costs. |
Tipo: Working or Discussion Paper |
Palavras-chave: Transaction costs; Labor market participation; Philippines; Labor and Human Capital. |
Ano: 1997 |
URL: http://purl.umn.edu/28465 |
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Dengu, T.; Lyne, Michael C.. |
This study tests the hypothesis that an efficient rental market for cropland is a significant determinant of agricultural investment in the communal areas of KwaZulu-Natal. An efficient rental market creates an opportunity cost for under-utilisation, which tends to transfer resources to more effective users. The efficiency of a rental market is compromised by the presence of transaction costs that reduce returns for both lessees and lessors. Transaction costs include risk arising from a possible breach of the rental contract. Potential losses caused by a breach of contract can be reduced by introducing a credible third-party to witness the contract. Likewise, moral hazard can be reduced by contracting with trusted persons. Data from household surveys... |
Tipo: Journal Article |
Palavras-chave: Customary institutions; Insecure land tenure; Rental market; Transaction costs; Moral hazard; Crop production; Land Economics/Use. |
Ano: 2007 |
URL: http://purl.umn.edu/8012 |
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Penn, Jerrod; Matopoulos, Aristides; House, Lisa. |
The goal of this research is to investigate consumer response to out-of-stock product in the produce category. We do this by comparing results from a survey conducted in Greece and the United States to previous research on consumer response to out-of-stock situations for other perishable and non-perishable products. We further examined the underlying economic reasoning as well as the cultural and physical differences between the United States and Greece as explanations of different reactions. Out of Stock produce response proved different in produce than in other perishables and non-perishables. There is some evidence that produce does follow previous the suggested economic reasoning from the previous research, especially within transaction costs. Finally,... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Out-of-stock; Grocery; Perishables; Opportunity cost; Transaction costs; Agribusiness. |
Ano: 2010 |
URL: http://purl.umn.edu/56487 |
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Randela, Rendani; Alemu, Zerihun Gudeta; Groenewald, Jan A.. |
This paper uses data collected from 177 small-scale farming households in Mpumalanga in an effort to identify factors that significantly influence the degree of commercialisation or market participation. A logistic regression model was applied within the transaction costs framework. Results support the hypothesis that transactions costs rank among the main determinants of commercialisation. The following variables were statistically significant: age, ability to speak/understand English, region, ownership of transport, access to market information, distance to market, dependency ratio, trust, land size and ownership of livestock. Increases in the latter four have negative effects on commercialisation. The negative relationship between land size and... |
Tipo: Journal Article |
Palavras-chave: Market participation; Household commercialisation; Logistic regression; Transaction costs. |
Ano: 2008 |
URL: http://purl.umn.edu/47656 |
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Krieger, Stephanie; Schiefer, Gerhard. |
Quality management is of paramount importance in all stages of the Agri-Food production and process chain. The approach of quality management has been changed in the past years due to the effects of globalization, numerous deficits in food safety and the legislative such as the new European regulation 178/2002 concerning food safeties. A trend, which can be shown, is the development of several quality systems and norms in response to this challenge. Therefore programmes will be developed and improved in the Agri-Food-industry further on. There are general quality systems, which are applied in different countries and sectors, country and product specific standards and programmes, which were developed by retail initiatives. This paper will give an insight... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Quality management systems; Cost; Benefit; Transaction costs; Economic of scales; Agribusiness. |
Ano: 2005 |
URL: http://purl.umn.edu/24710 |
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Martinez, Stephen W.; Zering, Kelly D.. |
This study addresses changes in the organization of the U.S. pork industry, most notably marketing contracts between packers and producers, by exploring their function in addressing pork quality concerns. A number of developments brought quality concerns to the forefront. These include health concerns and corresponding preferences for lean pork, a decline in other quality attributes, heightened concerns over food safety and related regulatory programs, and expansion into global markets. Organizational arrangements can facilitate industry efforts to address pork quality needs by reducing measuring costs, controlling quality attributes that are difficult to measure, facilitating adaptations to changing quality standards, and reducing transaction costs... |
Tipo: Report |
Palavras-chave: Contracts; Transaction costs; Measuring technology; Measuring costs; Pork; Quality; Leanness; Safety; Carcass pricing; Vertical integration; Livestock Production/Industries; Marketing. |
Ano: 2004 |
URL: http://purl.umn.edu/33973 |
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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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Busse, Matthias. |
As the process of globalisation of the world economy progresses, the degree of international competition among enterprises increases as well. Yet not all industries or branches are affected to the same extent by this development. One of the most important factors which determine the degree of globalisation of an industry is the level of transaction costs. Whereas low transaction costs tend to result in globalised markets, high transaction costs induce segmented markets. Because they may also indicate the degree of potential competition, transaction costs can be of great importance for competition authorities in the case of corporate mergers and acquisitions. Heterogeneous consumer preferences and product differentiation, as two additional determinants of... |
Tipo: Working or Discussion Paper |
Palavras-chave: Transaction costs; Potential competition; Competition policy; International Relations/Trade; F00; F13; D23. |
Ano: 2002 |
URL: http://purl.umn.edu/26168 |
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Fowlie, Meredith; Perloff, Jeffrey M.. |
According to the Coase theorem, if property rights to pollute are clearly established and emissions markets nearly eliminate transaction costs, the market equilibrium will be independent of how the permits are initially allocated across firms. Using panel data from Southern California's RECLAIM program, we find that initial allocations are a statistically significant determinant of firm-level emissions. This relationship between allocation and emissions is stronger among firms with relatively high transaction costs. Thus, care must be exercised in the initial allocation of permits to ensure efficiency. |
Tipo: Working or Discussion Paper |
Palavras-chave: Emissions trading; Transaction costs; Environmental Economics and Policy. |
Ano: 2004 |
URL: http://purl.umn.edu/25116 |
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Registros recuperados: 84 | |
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