Showing 1 - 4 of 4
We examine the interaction of marketing channel members and the influence of these interactions on incentives …, coordination costs, and risk allocation strategies in a food marketing channel. For this purpose we specify a three-stage principal …-agent marketing channel model involving producers, wholesalers, retailers and a futures market. We compare the situation with and …
Persistent link: https://www.econbiz.de/10005797933
A conceptual marketing-finance framework is proposed which links channel contracting in agriculture and the use of …, such as derivatives, to complement marketing channel relationships. Moreover, this study shows how producers and managers … from agribusiness companies can use such financial services as conflict-solving tools in case of incongruent contract …
Persistent link: https://www.econbiz.de/10009326247
A new test of asymmetric price adjustment is proposed on the basis of the super-consistent cointegrating vector estimator in the Johansen (1995) cointegrating procedure. The super-consistency makes the test robust to misspecifications in the short-run model. Application of the test to the price...
Persistent link: https://www.econbiz.de/10009326440
We specify a principal-agent marketing channel involving producers, wholesalers, retailers and a futures market. Our … vertical contracts and, by using annual data, their production horizon. The Dutch ware potato marketing channel and its futures …
Persistent link: https://www.econbiz.de/10004988970