Implicit contracts as a method of vertical co-ordination in the New Zealand meat industry : a thesis submitted in partial fulfilment of the requirements for the degree of Master of Agricultual Economics
dc.contributor.author | Wylaars, M. Jozefa | |
dc.date.accessioned | 2018-01-11T21:38:40Z | |
dc.date.available | 2018-01-11T21:38:40Z | |
dc.date.issued | 1994 | |
dc.description.abstract | A framework is developed using Williamson's seminal discussion of contractual arrangements and governance choice. The New Zealand Meat industry is the subject of this study in that contractual arrangements exist along-side more conventional trading relationships. The main body of the paper is devoted to; the review of other empirical studies of vertical co-ordination and; the collection and primary analysis of data. Primary results show the form and extent of vertical co-ordination in a small non-random sample. While the neo-classical contract to supply stock is used, many producers and processors operate and co-ordinate with a relational, implicit contract in which the producer deals almost exclusively with one company and develops a long term and 'important relationship' with an agent. Several regressions on measures of co-ordination, included in the appendices, while far from robust, show interesting patterns related to the transaction cost hypothesis. | en_US |
dc.identifier.uri | http://hdl.handle.net/10179/12549 | |
dc.language.iso | en | en_US |
dc.publisher | Massey University | en_US |
dc.rights | The Author | en_US |
dc.subject | Agricultural industries | en_US |
dc.subject | Vertical integration | en_US |
dc.subject | Meat industry trade | en_US |
dc.subject | Marketing, Vertical | en_US |
dc.title | Implicit contracts as a method of vertical co-ordination in the New Zealand meat industry : a thesis submitted in partial fulfilment of the requirements for the degree of Master of Agricultual Economics | en_US |
dc.type | Thesis | en_US |
massey.contributor.author | Wylaars, M. Jozefa | |
thesis.degree.discipline | Agribusiness | en_US |
thesis.degree.grantor | Massey University | en_US |
thesis.degree.level | Masters | en_US |
thesis.degree.name | Master of Agricultural Economics (M. Agr. Econ.) | en_US |
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