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The Legal Environment Facing Economic Agents in Production

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  • Hipp, Janie S.
  • Francis, Harriet F.

Abstract

Agriculture has seen a steady movement toward the increased use of contracts. Agricultural contracts now guide the interrelationships of parties throughout the modern production system, extending well beyond the livestock sector. With this predominance come new issues that require us to reexamine contract theory and the roles of the parties. This review examines legislation, regulations, and recent court rulings in seemingly unrelated areas that have specific relationships to the development of contracts in production agriculture: environmental law and labor law.

Suggested Citation

  • Hipp, Janie S. & Francis, Harriet F., 2005. "The Legal Environment Facing Economic Agents in Production," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 37(2), pages 1-12, August.
    • Handle: RePEc:ags:joaaec:43508
    DOI: 10.22004/ag.econ.43508
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    File URL: https://ageconsearch.umn.edu/record/43508/files/Hipp%20JAAE%20August%202005.pdf
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    Cited by:

    1. Sykuta, Michael, 2005. "Agricultural Organization in an Era of Traceability," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 37(2), pages 365-377, August.

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