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Grower Heterogeneity and Governance: Authority, Access, and Countervailing Power

  • Hendrikse, George W.J.
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    The increasing differentiation on the supply side of agricultural and horticultural markets has resulted in many governance structure changes between growers and wholesalers. For example, marketing cooperatives are restructured, heterogeneous associations split up in various one-product associations, growers integrate forward into wholesaling, and so on. These developments are analysed with an incomplete contracting model addressing horizontal as well as vertical relationships in a multilateral setting. The interactions between authority, access, and countervailing power in the choice of governance structure are highlighted.

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    File URL: http://purl.umn.edu/20046
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    Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2004 Annual meeting, August 1-4, Denver, CO with number 20046.

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    Date of creation: 2004
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    Handle: RePEc:ags:aaea04:20046
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    1. Simon Johnson & John McMillan & Christopher Woodruff, 2002. "Property Rights and Finance," American Economic Review, American Economic Association, vol. 92(5), pages 1335-1356, December.
    2. Oliver Hart & Sanford Grossman, 1985. "The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration," Working papers 372, Massachusetts Institute of Technology (MIT), Department of Economics.
    3. Raghuram G. Rajan & Luigi Zingales, 1998. "Power In A Theory Of The Firm," The Quarterly Journal of Economics, MIT Press, vol. 113(2), pages 387-432, May.
    4. Oliver Hart & John Moore, 1988. "Property Rights and the Nature of the Firm," Working papers 495, Massachusetts Institute of Technology (MIT), Department of Economics.
    5. Hart, Oliver & Moore, John, 1996. "The Governance of Exchanges: Members' Cooperatives versus Outside Ownership," Oxford Review of Economic Policy, Oxford University Press, vol. 12(4), pages 53-69, Winter.
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