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Registros recuperados: 5
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Third-Party Facilitation of Investments in Private Enforcement Capital: Evidence from Armenian Dairy Industry AgEcon
Shanoyan, Aleksan; Gow, Hamish R.; Peterson, H. Christopher; Ross, Brent.
Globalization and the changing structure of agri-food procurement channels have forced governments and international development community to shift their efforts towards linking farmers to markets through high value added contractual marketing relationships. A critical pre-condition for establishing economically sustainable value chain linkages is the presence of effective contract enforcement mechanisms. In many countries both public and private contract enforcement is poor resulting in high hold-up risk and underinvestment into relationships. This creates an immense challenge for donors and policy makers in facilitating sustainable relationships along the supply chain. This study explores the key elements in the design and implementation of assistance...
Tipo: Conference Paper or Presentation Palavras-chave: Market linkages; Contract enforcement; Dairy; Armenia; Agribusiness; International Development.
Ano: 2010 URL: http://purl.umn.edu/61410
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On the Distribution of Net Benefits from Sustainability Initiatives in Agri-Food Supply Chains AgEcon
Ross, Brent; Amanor-Boadu, Vincent; Ross, Kara L..
Sustainability initiatives are frequently imposed on upstream supply chain members by their more powerful downstream partners. This paper assesses the challenges of estimating costs and benefits for participants and the difficulties associated with identifying their locations and effects in the supply chain. The paper argues that the success and endurance of agri-food supply chains that purport to pursue sustainability objectives depend critically on the distribution of the associated costs and benefits. It calls on supply chain leaders to give careful consideration to the distribution of net benefits across the chain to ensure that opportunism and moral hazard are minimized.
Tipo: Conference Paper or Presentation Palavras-chave: Sustainability; Strategy; Food; Agribusiness; Agricultural and Food Policy.
Ano: 2010 URL: http://purl.umn.edu/61529
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Governance Issues in the Principal-Agent Framework: Producing Cellulosic Ethanol in Michigan AgEcon
Pandey, Vivek; Shanoyan, Aleksan; Ross, Brent.
This article analyzes the incentives and compensation problems faced by cellulosic ethanol producer and logging firms and the consequent impact on the organization of the wood based cellulosic ethanol industry in the US. The success of this relationship is central to setting up the biofuel industry in Michigan and in the US at large. The theoretical results indicate that specification contract under the principal-agent framework is of limited utility due to’ metering’ problem when the principal contracts with multiple agents for the supply of feedstock.. Alternative arrangements including JVs have the potential to provide close to first best solutions.
Tipo: Conference Paper or Presentation Palavras-chave: Principal-Agent; Cellulosic Ethanol; Michigan; Multiple agents; Asymmetric Information; Agribusiness; Institutional and Behavioral Economics; Resource /Energy Economics and Policy; D82; D86; L23; L24; Q42.
Ano: 2010 URL: http://purl.umn.edu/61362
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Developing a framework for assisting entrepreneurs: A case study of the Michigan State University Product Center for Agriculture and Natural Resources AgEcon
Lovgren, Adam; Peterson, H. Christopher; Ross, Brent.
Tipo: Conference Paper or Presentation Palavras-chave: Agribusiness; Teaching/Communication/Extension/Profession.
Ano: 2011 URL: http://purl.umn.edu/103995
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TO TELL THE TRUTH ON FARM SUBSIDIES AgEcon
Mussell, Al; Ross, Brent.
There has been a lot of public discussion about farm incomes in Canada and the role of agricultural subsidies. Lawrence Solomon of the Urban Enterprise Institute has been at the forefront of these discussions. His argument is that as a result of exorbitant subsidies, the government is sponsoring the industrialization of agriculture, which threatens the family farm at untold environmental costs. This is a surprising line of reasoning, given that the more common argument is that subsidies misallocate resources in such a way that smaller, less efficient farms can persist when they otherwise couldn'’t, and that subsidies cause farmers to more intensely farm an acre of land. In fact, it is primarily the small farm advocates that argue for more subsidies. In...
Tipo: Working or Discussion Paper Palavras-chave: Agricultural and Food Policy.
Ano: 2001 URL: http://purl.umn.edu/18140
Registros recuperados: 5
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