Contract Farming as an Institution for Integrating Rural Smallholders in Markets for Livestock Products in Developing Countries: (I) Framework and Applications

dc.date2023-04-27T12:04:20Z
dc.date2023-04-27T12:04:20Z
dc.date2008
dc.date2019-05-30T18:15:07.0000000Z
dc.date.accessioned2026-06-27T22:32:33Z
dc.descriptionThis report provides an overview of the theoretical underpinnings of the emergence of contract arrangements versus reliance on spot markets. Transaction costs economics is the dominant school of thought in the literature on contracts, particularly with respect to the rationale of firms to vertically integrate instead of engaging in direct exchange in the open market. Vertical integration and other forms of exchange organisation are traced to the objective of economic agents to reduce transaction costs in an environment where market imperfections predominate and economic agents behave opportunistically.
dc.format12p.
dc.formatapplication/pdf
dc.identifierhttps://openknowledge.fao.org/handle/20.500.14283/bp268e
dc.identifierhttp://www.fao.org/3/a-bp268e.pdf
dc.identifier.urihttp://hdl.handle.net/123456789/255790
dc.languageEnglish
dc.publisherFAO ;
dc.relationPro-Poor Livestock Policy Initiative (PPLPI) Research Report
dc.rightsFAO
dc.titleContract Farming as an Institution for Integrating Rural Smallholders in Markets for Livestock Products in Developing Countries: (I) Framework and Applications
dc.titleContract Farming as an Institution for Integrating Rural Smallholders in Markets for Livestock Products in Developing Countries: (I) Framework and Applications
dc.titlePro-Poor Livestock Policy Initiative: A Living from Livestock
dc.typeDocument

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