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Organizational structure for coal mine in Boyacá

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  • John Rosso Murillo

Abstract

This is a review article that analyze previous research results and contrasts them with the firm theory in order to propose an economic organization structure for Boyacá's mining sector. Results indicate that the present scheme of contracts between producers and intermediaries is inefficient and promotes inequality. The highest benefits proportion is in the intermediation side, despite the risk and effort falls mainly on the producer. Three different forms of sector's organization are presented, as well as pros and cons aspects from each side are analyzed, in the light of the theoretical framework proposed. Most region farmers are smallholders and they are characterized by a high heterogeneity, it is conclude that alliance scheme is more economic and socially efficient in the relationship between producer and market.

Suggested Citation

  • John Rosso Murillo, 2014. "Organizational structure for coal mine in Boyacá," Revista Facultad de Ciencias Económicas, Universidad Militar Nueva Granada, vol. 0(1), pages 169-187, June.
  • Handle: RePEc:col:000180:014097
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    References listed on IDEAS

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