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Ownership Structure in Agrifood Chains: The Marketing Cooperative

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Author Info
 Hendrikse, George W J
Bijman, Jos
Abstract

Globalization, technological developments, and consumer concerns press farmers and food producers to enhance product innovation and to seek more efficient production and distribution structures. These changes in agrifood markets shift the relative importance of the investments by different chain partners. It may therefore be necessary to change the allocation of ownership of essential assets to induce agents to make those investments that generate the chain optimum. This article analyzes the impact of ownership structure on investments in a three-tier supply chain from an incomplete contracting perspective. Circumstances are determined in which a marketing cooperative is the unique first-best ownership structure. Copyright 2002 by American Agricultural Economics Association

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Article provided by American Agricultural Economics Association in its journal American Journal of Agricultural Economics.

Volume (Year): 84 (2002)
Issue (Month): 1 (February)
Pages: 104-19
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Handle: RePEc:bla:ajagec:v:84:y:2002:i:1:p:104-19

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  1. Hanf, Jon H. & Pieniadz, Agata, 2007. "Chain Quality Management In Co-Operatives," 47th Annual Conference, Weihenstephan, Germany, September 26-28, 2007 7604, German Association of Agricultural Economists (GEWISOLA). [Downloadable!]
  2. Hendrikse, G.W.J. & Veerman, C.P., 2003. "On The Future of Co-operatives," Research Paper ERS-2003-007-ORG Revision, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni. [Downloadable!]
  3. John Miranowski & Helen H. Jensen & S. Patricia Batres-Marquez & Ariun Ishdorj, 2004. "Product Differentiation and Segregation in Agricultural Systems: Non-Genetically Modified and Specialty Corn and Soybean Crops in Iowa," Center for Agricultural and Rural Development (CARD) Publications 04-wp354, Center for Agricultural and Rural Development (CARD) at Iowa State University. [Downloadable!]
    Other versions:
  4. Claude Ménard & Peter G. Klein, 2004. "Organizational Issues in the Agrifood Sector: Toward a Comparative Approach," Industrial Organization 0401005, EconWPA. [Downloadable!]
    Other versions:
  5. Hu, Y. & Huang, Z. & Hendrikse, G.W.J. & Xu, X., 2005. "Organization and Strategy of Farmer Specialized Cooperatives in China," Research Paper ERS-2005-059-ORG Revision, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni. [Downloadable!]
  6. Bijman, W.J.J. & Hendrikse, G.W.J., 2003. "Co-operatives in chains: institutional restructuring in the Dutch fruit and vegetables industry," Research Paper ERS-2003-089-ORG Revision, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni. [Downloadable!]
  7. Barton, David G., 2004. "A Comparison of Traditional and Newly Emerging Forms of Cooperative Capitalization," 2004 Annual Meeting, November 2-3 31794, NCERA-194 Research on Cooperatives. [Downloadable!]
  8. Hendrikse, G.W.J., 2003. "Governance of Chains and Networks: A Research Agenda," Research Paper ERS-2003-018-ORG Revision, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni. [Downloadable!]
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