Risk and Contract Relationships
The 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.
|Date of creation:||Oct 2009|
|Contact details of provider:|| Web page: http://www.fooddynamics.org/|
References listed on IDEAS
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.
When requesting a correction, please mention this item's handle: RePEc:ags:iefi09:59182. See general information about how to correct material in RePEc.
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.