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Registros recuperados: 20 | |
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Lyne, Michael C.; Collins, Ray. |
Agricultural cooperatives are often viewed as appropriate vehicles to facilitate vertical coordination with, or horizontal integration between, small farmers who would otherwise be excluded from value-adding opportunities and discerning markets. In South Africa, renewed interest in development-oriented cooperatives saw the introduction of a new Cooperatives Act in 2005, along with support measures dedicated to ‘emerging’ cooperatives. This paper contends that the architects of the new Act discounted important trends in international legislation that would have made development-oriented cooperatives more versatile and given their members better access to capital and expertise through equity partnerships with private agribusiness firms. It is concluded that... |
Tipo: Journal Article |
Palavras-chave: Agricultural cooperatives; Small farmers; New institutional economics; Strategic partnerships; Land reform beneficiaries. |
Ano: 2008 |
URL: http://purl.umn.edu/37551 |
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Ortmann, Gerald F.; King, Robert P.. |
The objective of this research is to investigate whether agricultural cooperatives can facilitate smallholder farmer access to input and product markets. Farmers in two case study communal areas of KwaZulu-Natal face high transaction costs as reflected primarily in their low levels of education and literacy, lack of market information, insecure property rights, poor road and communication infrastructure, and long distances to markets. Analysis of the reasons why cooperatives were originally established in various parts of the world suggests that most of the causes (such as poverty, market failure and high transaction costs) also apply to the study farmers, as do the seven international principles of cooperation. Smallholder farmers in both case study... |
Tipo: Journal Article |
Palavras-chave: Agricultural cooperatives; Small-scale farmers; High-value crops; Transaction costs; South Africa; Agribusiness. |
Ano: 2007 |
URL: http://purl.umn.edu/10124 |
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Henehan, Brian M.; Schmit, Todd M.. |
Since the inception of Pro-Fac Cooperative (PF) in 1960, the cooperative has undergone significant structural and organizational changes. The PF case presents a unique opportunity to examine the changes in the processed fruit and vegetable industry and the strategies adopted by a producer-owned cooperative to best represent member interests in the face of the industry structural changes over the past fifty years. PF is an agricultural cooperative that markets crops primarily grown by its member-growers, including fruits (cherries, apples, blueberries, and peaches), vegetables (snap beans, beets, peas, sweet corn, carrots, cabbage, squash, asparagus and potatoes), and popcorn. Members are located principally in the states of New York, Delaware,... |
Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural cooperatives; Fruit and vegetable processing; Private equity firms; Boards of directors; Financing.; Agribusiness; Community/Rural/Urban Development; Crop Production/Industries. |
Ano: 2009 |
URL: http://purl.umn.edu/48924 |
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Rebelo, Joao; Caldas, Jose Vaz; Matulich, Scott C.. |
Leverage is one of the most important financial factors to the survival and viability of agricultural cooperatives (e.g., wine cooperatives) during a period of intense competition. Leverage is influenced both by the behavior of managers and cooperative members. An empirical study for the Douro Demarcated Region Wine Cooperatives (DDRWC) supports the hypothesis that managers have a positive influence in the determination of the equity/total assets ratio and that individualistic behavior of cooperative members has a negative influence in the value of this ratio. This paper suggests that there may be value in reconsidering cooperatives in the context of a so-called Mediterranean model. |
Tipo: Journal Article |
Palavras-chave: Agribusiness; Agricultural cooperatives; Governance; Behavior and leverage. |
Ano: 2008 |
URL: http://purl.umn.edu/101052 |
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Nganya, P.; Lyne, Michael C.; Ferrer, Stuart R.D.. |
The new Cooperatives Act 14 of 2005 was promulgated in August 2005 to promote the development of sustainable cooperatives in South Africa and their use as a vehicle to develop small enterprises. This paper uses the new institutional economics (NIE) to highlight problems created by the Act. Case studies were done of three producer groups in KwaZulu-Natal that formally registered as cooperatives after August 2005. It is clear that the cooperative model was adopted because it was seen as a precondition for government support. All of these cooperatives displayed symptoms of institutional problems and two of them had mitigated these problems by shedding their poorest members and creating their own rules to reward investors with capital gains. The first of these... |
Tipo: Journal Article |
Palavras-chave: Agricultural cooperatives; Cooperatives Act; New institutional economics; Case study; Institutional and Behavioral Economics. |
Ano: 2010 |
URL: http://purl.umn.edu/61996 |
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Russo, Carlo; Sabbatini, Massimo. |
Recent studies have questioned the competitiveness of agricultural cooperatives in an industrialized food system, based on empirical results and economic theory. New organizational institutions have been proposed to overcome the cooperative main weaknesses (the so called new generation cooperatives). In this paper, we provide a simple model based on a financial approach to address the issue of cooperative competitiveness and to assess the investment efficiency of both traditional and new generation cooperatives. The main conclusions of the analysis are: i) cooperatives (both traditional and new generation ones) may have incentive to adopt projects that do not maximize the Net Present Value of the firm ii) the institutions of new generation cooperatives are... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Agricultural cooperatives; Investment efficiency; Agribusiness; Agricultural Finance; Q13; Q14. |
Ano: 2005 |
URL: http://purl.umn.edu/24455 |
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Schmitz, Troy G.. |
Agricultural sales cooperative unions (ASCUs) in Turkey are heavily influenced by both domestic and international government policies. Both export taxes and import tariffs are used as policy tools to regulate cotton markets. Domestic price support programs, water subsidies, fertilizer subsidies, and credit subsidies have also been used as domestic policy tools. These types of subsidies are not uncommon among developing countries. This paper provides empirical estimates of the degree of economic inefficiency associated with government intervention in Turkish cotton markets. A two-region partial equilibrium model of cotton exports and imports is developed under the "small country assumption" to obtain empirical estimates of the deadweight welfare loss... |
Tipo: Journal Article |
Palavras-chave: Export tax; Tariff; Agricultural policy; Turkey; Cotton; Agricultural cooperatives; Welfare; State trading enterprises; International Relations/Trade. |
Ano: 2002 |
URL: http://purl.umn.edu/15510 |
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Hall, John H.; Geyser, J.M.. |
This article examines the use of Economic Value Added (EVA) as a performance measure that South African wine co-operatives can use to determine whether value has been created for members. A detailed explanation of EVA is given, and the components of EVA are calculated. The EVA's of a number of co-operatives have been calculated and analysed. In addition the EVA of specific types of co-operatives indicate that the fruit and vegetable sector is a constant value creator. It is clear that in order to create value, the rate of return on invested capital must be greater than the cost of capital. Certain co-operatives and types of co-operatives provided the blue print for this. |
Tipo: Working or Discussion Paper |
Palavras-chave: Economic value added; Agricultural cooperatives; Value; Economic model; Agribusiness. |
Ano: 2003 |
URL: http://purl.umn.edu/18058 |
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Cook, Michael L.; Plunkett, Brad. |
This paper introduces and defines the concept of collective entrepreneurship. A review of the defensive single-level rent-seeking objective of traditional agricultural cooperatives is introduced followed by an analysis of recent studies documenting a shift in the objective functions of producers jointly integrating toward more multiple-level rent-seeking entities. This process of shifting from market failure-ameliorating collective action mechanisms toward rent-seeking group action organizations is labeled collective entrepreneurship. The justification for introducing this concept is based on the Olsonian premise that rational, self-interested individuals will not act to achieve their common or group interests without coercion or selective incentives. |
Tipo: Journal Article |
Palavras-chave: Agricultural cooperatives; Entrepreneurship; Agribusiness; Community/Rural/Urban Development; Labor and Human Capital; D23; D72; Q13. |
Ano: 2006 |
URL: http://purl.umn.edu/43777 |
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Registros recuperados: 20 | |
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