Risk and Contract Relationships
AbstractThe current structure of the German agri-food-sector is deduced from an increasing (international) competition and its division into small and medium business units particularly on the producers’ side. The roots of this development lie in a more a hundred year’s history of a productive branch that was intensively shaped by co-operatives. Nowadays this cooperative structure competes with networks and capital market-oriented firms that raise the question of the today’s role of cooperatives (see Kühl/ Hanf, 2004) In the following sections different approaches evaluating possible strategic paths of the actors within the production chain in the agri-food-sector will be presented. As a consequence risk issues agricultural economists have to address will be differentiated. Just (2003, p. 135) claims that “for the most part, longer-term risk issues have been examined only in the agricultural finance literature”. We support his statement when we estimate general valuation models – especially to judge the sustainability of cooperatives – as too much referring to the past and try to integrate more future oriented methods as in the case of due diligence.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by International European Forum on System Dynamics and Innovation in Food Networks in its series 2009 International European Forum, February 15-20, 2009, Innsbruck-Igls, Austria with number 59182.
Date of creation: Oct 2009
Date of revision:
Contact details of provider:
Web page: http://www.fooddynamics.org/
Agribusiness; Agricultural and Food Policy; Farm Management; Food Consumption/Nutrition/Food Safety; Research and Development/Tech Change/Emerging Technologies; Risk and Uncertainty;
This paper has been announced in the following NEP Reports:
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Just, Richard E., 2003. "Risk research in agricultural economics: opportunities and challenges for the next twenty-five years," Agricultural Systems, Elsevier, vol. 75(2-3), pages 123-159.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).
If references are entirely missing, you can add them using this form.