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Strategic Choice Along The Vertical Coordination Continuum

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  • Peterson, H. Christopher
  • Wysocki, Allen F.

Abstract

Fundamental changes are underway in the U.S. agri-food system, changes that are altering traditional marketing relationships. Parts of the food system are becoming tightly integrated, such as the poultry subsector and, increasingly, the pork subsector. The tightening of vertical linkages has been characterized by movement from open markets to various forms of managed coordination, e.g. contracting, strategic alliances, and single ownership of multiple market stages. 1998 AAEA Symposium

Suggested Citation

  • Peterson, H. Christopher & Wysocki, Allen F., 1998. "Strategic Choice Along The Vertical Coordination Continuum," Staff Paper Series 11651, Michigan State University, Department of Agricultural, Food, and Resource Economics.
  • Handle: RePEc:ags:midasp:11651
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    References listed on IDEAS

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    1. Barry, Peter J., 1995. "Industrialization of U.S. Agriculture: Policy, Research, and Education Needs," Agricultural and Resource Economics Review, Cambridge University Press, vol. 24(01), pages 128-135, April.
    2. Thomas L. Sporleder, 1992. "Managerial Economics of Vertically Coordinated Agricultural Firms," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 74(5), pages 1226-1231.
    3. Dennis R. Henderson, 1994. "Measuring and Assessing Vertical Ties in the Agro-food System," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 42(4), pages 549-560, December.
    4. Williamson, Oliver E, 1973. "Markets and Hierarchies: Some Elementary Considerations," American Economic Review, American Economic Association, vol. 63(2), pages 316-325, May.
    5. Martin, Larry & Westgren, Randall & Schrader, Lee & Cousineau, Linda & Le Roc'h, Nathalie & Paguaga, Roger & Amanor-Boadu, Vincent, 1993. "Alternative Business Linkages: The Case of the Poultry Industry," Working Papers 244123, Agriculture and Agri-Food Canada.
    6. Joskow, Paul L, 1987. "Contract Duration and Relationship-Specific Investments: Empirical Evidence from Coal Markets," American Economic Review, American Economic Association, vol. 77(1), pages 168-185, March.
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    Keywords

    Industrial Organization;

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