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Unpacking Agrarian and Agri-business Contracts

Listed author(s):
  • Hrabrin I. BACHEV

    ()

    (Institute of Agricultural Economics, Sofia, Bulgaria.)

Analysis of contracts and contractual relations are among the most topical issues in modern management theories and practices. This paper incorporates the interdisciplinary New Institutional and Transaction Costs Economics (combining Economics, Organization, Law, Sociology, Behavioral and Political Sciences) and suggests a holistic framework for analysis of contracts in farming and agri-business sector. First, it specifies type and importance of different mechanisms of governance of agrarian and agri-business activity. Second, it defines the essence, and classifies types and features of agrarian and agri-business contracts. Next, it identifies technological, institutional, behavioral, dimensional, and transaction costs factors for contractual choice, and specifies effective modes for contractual arrangements in agriculture and agri-business. Finally, it determines the effective boundaries and sustainability of farming and agri-business organizations.

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File URL: http://www.kspjournals.org/index.php/JEL/article/download/911/1005
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File URL: http://www.kspjournals.org/index.php/JEL/article/view/911
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Article provided by KSP Journals in its journal Journal of Economics Library.

Volume (Year): 3 (2016)
Issue (Month): 3 (September)
Pages: 524-547

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Handle: RePEc:ksp:journ5:v:3:y:2016:i:3:p:524-547
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  1. Eswaran, Mukesh & Kotwal, Ashok, 1985. "A Theory of Contractual Structure in Agriculture," American Economic Review, American Economic Association, vol. 75(3), pages 352-367, June.
  2. Hrabrin BACHEV, 2010. "Framework For Analisis Of Agrarian Contracts," Management Research and Practice, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 2(1), pages 39-66, March.
  3. Hrabrin Bachev, 2013. "Risk Management in the Agri-food Sector," Contemporary Economics, University of Finance and Management in Warsaw, vol. 7(1), March.
  4. Hrabrin Bachev, 2009. "Mechanisms Of Governance Of Sustainble Development," Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, vol. 4(2(8)_ Sum).
  5. Michael Sykuta, 2010. "Concentration, Contracting and Competition: Problems In Using The Packers & Stockyards Act To Supplement Antitrust," Antitrust Chronicle, Competition Policy International, vol. 4.
  6. Martinez, Stephen W., 2002. "A Comparison of Vertical Coordination in the U.S. Poultry, Egg, and Pork Industries," Agricultural Information Bulletins 33773, United States Department of Agriculture, Economic Research Service.
  7. Hrabrin Bachev, 2005. "Framework For Assessing Sustainability Of Farms," Microeconomics 0511003, EconWPA.
  8. Hongdong Guo & Robert W Jolly & Jianhua Zhu, 2007. "Contract Farming in China: Perspectives of Farm Households and Agribusiness Firms," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 49(2), pages 285-312, June.
  9. John Wilson, 1986. "The Political Economy of Contract Farming," Review of Radical Political Economics, Union for Radical Political Economics, vol. 18(4), pages 47-70, December.
  10. Swain, Braja Bandhu, 2008. "The role of contract farming in agricultural development in globalise world: an institutional economics analysis," MPRA Paper 18683, University Library of Munich, Germany, revised 14 Sep 2009.
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