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Voluntary Traceability and Transaction Costs: An Empirical Analysis in the Italian Meat Processing Supply Chain

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  • Banterle, Alessandro
  • Stranieri, Stefanella
  • Baldi, Lucia

Abstract

This paper analyses voluntary traceability effects on the coordination of the food supply chain from the transaction cost perspective. The analysis concerns Italian firms and makes particular reference to the meat sector. A survey was conducted by questionnaire to assess the changes in key transaction factors and costs after the introduction of traceability. The results underline an increase in the degree of human, material and site asset specificity, and reveal a reduction in the degree of uncertainty in transactions. Growth in some transaction costs related to monitoring is also observed. Factorial and cluster analysis were used to underline the different organisational solutions of the firms.

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File URL: http://purl.umn.edu/7722
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Bibliographic Info

Paper provided by European Association of Agricultural Economists in its series 99th Seminar, February 8-10, 2006, Bonn, Germany with number 7722.

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Date of creation: 2006
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Handle: RePEc:ags:eaae99:7722

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Keywords: traceability; trust; transaction cost; vertical relationships; meat chain; Agribusiness; Livestock Production/Industries;

References

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  1. A. Meltzer & Peter Ordeshook & Thomas Romer, 1983. "Introduction," Public Choice, Springer, Springer, vol. 41(1), pages 1-5, January.
  2. Williamson, Oliver E, 1979. "Transaction-Cost Economics: The Governance of Contractural Relations," Journal of Law and Economics, University of Chicago Press, vol. 22(2), pages 233-61, October.
  3. Akerlof, George A, 1970. "The Market for 'Lemons': Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 84(3), pages 488-500, August.
  4. Jill E. Hobbs, 2004. "Information asymmetry and the role of traceability systems," Agribusiness, John Wiley & Sons, Ltd., vol. 20(4), pages 397-415.
  5. A. P. Thirlwall, 1983. "Introduction," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 5(3), pages 341-344, April.
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Cited by:
  1. Banterle, Alessandro & Stranieri, Stefanella, 2008. "The consequences of voluntary traceability system for supply chain relationships. An application of transaction cost economics," Food Policy, Elsevier, Elsevier, vol. 33(6), pages 560-569, December.
  2. Souza Monteiro, Diogo M. & Caswell, Julie A., 2009. "Traceability adoption at the farm level: An empirical analysis of the Portuguese pear industry," Food Policy, Elsevier, Elsevier, vol. 34(1), pages 94-101, February.
  3. Alessandro Banterle & Stefanella Stranieri, 2008. "Information, labelling, and vertical coordination: an analysis of the Italian meat supply networks," Agribusiness, John Wiley & Sons, Ltd., vol. 24(3), pages 320-331.
  4. Stranieri, Stefanella & Banterle, Alessandro, 2006. "Firms' strategies and voluntary traceability: an empirical analysis in Italian food chains," 98th Seminar, June 29-July 2, 2006, Chania, Crete, Greece 10091, European Association of Agricultural Economists.

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