Library

Records: 278
This paper investigates the issue of economic interaction between the participants of the contract. A typical principal-agent problem, reflected in controversial goals on the way of fulfillment of the common task, is considered on the example of malt-producing company and farms-suppliers of barley. The aim is to find crucial determinants [...]
Organization:
Year: 2006
Contract farming or contract agriculture is a practice by which agro-industrial processors, exporters, domestic suppliers to supermarkets and other interested actors contract primary production with producers. The practice has grown in variety around the world, for many products, in developed and developing countries. Although generally recognized as beneficial to agricultural [...]
Organization: Servicios Internacionales para el Desarrollo Empresarial S.A
Year: 2006
The major thrust of this paper is to show. that the trust and cooperation mechanisms existing in rural communities in developing economies can be a basis for efficient functioning of markets for channeling global demands to producers in hinterlands. The conceptual framework shall be based on recent theoretical developments in [...]
Organization: The Foundation for Advanced Studies in International Development
Year: 2006
In this paper, a brief history of regulation of broiler contracts is presented. The main characteristic of these contracts has been that virtually all regulatory attempts on either federal or state levels have failed. Two possible sources of market failure that may justify regulation are identified: asymmetric bargaining power between [...]
Organization: Department of Agricultural and Resource Economics, North Carolina State University, Manoyontchai Co. Ltd., Bangkok, Thailand
Year: 2006
This article provides an economic explanation regarding why the share of U.S. pork raised on company-owned farms with hired management (integration) is increasing relative to production through independently owned-and-operated contract growers (contracting). The article develops a property rights model that shows how in certain circumstances production contracts do not transfer [...]
Organization: Oregan State University
Year: 2006
Marketing and production contracts covered 39 percent of the value of U.S. agricultural production in 2003, up from 36 percent in 2001 and a substantial increase over estimated values of 28 percent for 1991 and 11 percent in 1969. Large farms are far more likely to contract than small farms; [...]
Organization: USDA
Year: 2006
Contract law issues on European or international level have been studied for several decades in academic circles. Contract law issues and other questions affecting European private law have already been regulated in the past on EC level, especially in the framework of several consumer protection directives. The European Contract Law [...]
Organization: University of Vienna - Faculty of Law
Year: 2006
The study was to help define the applicability, equitability and enforceability of contract farming. It would attempt to identify crops and regions suited for contract farming, components of contracts, credit requirements and suitable institutional arrangements for disbursal and recovery, safeguards to ensure contract performance, measures against non-performance and arbitration procedures [...]
Organization:
Year: 2006
This article examines a self-enforcing contract between a risk-neutral principal and a risk-averse agent who is able to hold up values ex post. It shows that risk aversion and variance can only partly explain the contract's incentive intensity. Ex post bargaining power and outside options will also determine contract choice. [...]
Organization: University of Stavanger, Norway
Year: 2006