Determinantes dos arranjos contratuais1: O caso da transação produtor-processador de carne bovina no Uruguai

What are the determinants of the commercial channel choice in the beef producers-processors transactions? The question refers to the coordination and production control problem associated to changes in consumer’s awareness of specific attributes in food products. Two contractual arrangements coexist in this transaction: direct-contracting and broker-induced transactions Transaction Cost Economic offers helpful insights to understand the reason for the development and adaptations of different contractual arrangement moved by transaction cost economizing perspective. The empirical analysis is focused in the Uruguayan beef agro-industrial system. Analysis integrates (i) institutional and organizational changes in the beef industry; (ii) based on the analysis of the transaction dimensions (frequency, asset specificity and uncertainty) we address hypothesis of the determinants of the contractual arrangement in the beef producers-processors transaction; and (iii) we run a statistical test of the hypotheses based on a logit model. We used a panel data with producers-processors transaction from Uruguayan Agricultural Bureau (77,000 transactions). We confirm the hypotheses of the determinants of the contractual arrangement choice. The probability of a transaction being aligned with the direct contractual arrangement increase in transaction with higher asset specificity (i.e., young steer), lower distance between the producer and the processor, and with higher frequency of transaction.

Issue Date:
Sep 30 2008
Publication Type:
Journal Article
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PURL Identifier:
Published in:
Brazilian Journal of Rural Economy and Sociology (Revista de Economia e Sociologia Rural-RESR), Volume 46, Number 3
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Total Pages:
JEL Codes:
D23; L14; Q13
Series Statement:
Volume 46
Number 03

 Record created 2017-04-01, last modified 2018-01-22

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