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Strategic Interactions, Risks and Coordination Costs in Food Marketing Channels: The Mediating Role of Futures Markets

Kuwornu, John K.M.; Kuiper, W. Erno; Pennings, Joost M.E.; … - European Association of Agricultural Economists - EAAE - 2006

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 new econometric test for asymmetric price adjustment by cointegration vector restrictions with an application to the U.S. and Dutch pork chains

Kuiper, W. Erno; Pennings, Joost M.E.; Verhees, Frans J.H.M. - European Association of Agricultural Economists - EAAE - 2011

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

Risk Management Using Futures Contracts: The Impact of Spot Market Contracts and Production Horizons on the Optimal Hedge Ratio

Kuwornu, John K.M.; Kuiper, W. Erno; Pennings, Joost M.E.; … - European Association of Agricultural Economists - EAAE - 2006

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

Promoting Floriculture Using VAT Regulation

Bunte, Frank H.J.; Lugt, J. van der; Kuiper, W. Erno - European Association of Agricultural Economists - EAAE - 2008

In twelve EU countries, the lower VAT-tariff is applied to flowers and plants in order to promote the production and employment in floriculture. This paper assesses whether the VAT-regulation for flowers and plants achieves the goals set – promoting consumer demand and production and...

Persistent link: https://www.econbiz.de/10005039388