IDEAS home Printed from https://ideas.repec.org/p/ags/aaea03/21941.html
   My bibliography  Save this paper

Vertical Coordination Changes In The Sri Lankan Tea Industry:Transaction, Management, And Production Costs

Author

Listed:
  • Herath, Deepananda P.B.
  • Weersink, Alfons

Abstract

This study examines the effect of changes in production, management, and transaction costs on the change from vertically integrated units to small farmers selling to independent processors in the Sri Lankan tea sector. The results indicate the shift from "make" to "buy" has been affected by the changes in relative costs.

Suggested Citation

  • Herath, Deepananda P.B. & Weersink, Alfons, 2003. "Vertical Coordination Changes In The Sri Lankan Tea Industry:Transaction, Management, And Production Costs," 2003 Annual meeting, July 27-30, Montreal, Canada 21941, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea03:21941
    DOI: 10.22004/ag.econ.21941
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/21941/files/sp03he06.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.21941?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Anonymous, 1953. "International Bank for Reconstruction and Development," International Organization, Cambridge University Press, vol. 7(4), pages 561-565, November.
    2. Hennessy, David A., 1996. "Information Asymmetry As a Reason for Vertical Integration," Staff General Research Papers Archive 10422, Iowa State University, Department of Economics.
    3. David A. Hennessy, 1996. "Information Asymmetry as a Reason for Food Industry Vertical Integration," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(4), pages 1034-1043.
    4. Demsetz, Harold, 1988. "The Theory of the Firm Revisited," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 4(1), pages 141-161, Spring.
    5. Anonymous, 1953. "International Bank for Reconstruction and Development," International Organization, Cambridge University Press, vol. 7(2), pages 267-269, May.
    6. Anonymous, 1953. "International Bank for Reconstruction and Development," International Organization, Cambridge University Press, vol. 7(1), pages 134-137, February.
    7. David A. Hennessy & John D. Lawrence, 1999. "Contractual Relations, Control, and Quality in the Hog Sector," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 21(1), pages 52-67.
    8. Anonymous, 1953. "International Bank for Reconstruction and Development," International Organization, Cambridge University Press, vol. 7(3), pages 410-411, August.
    9. Kislev, Yoav & Peterson, Willis, 1982. "Prices, Technology, and Farm Size," Journal of Political Economy, University of Chicago Press, vol. 90(3), pages 578-595, June.
    10. Blair, Roger D & Kaserman, David L, 1987. "A Note on Bilateral Monopoly and Formula Price Contracts," American Economic Review, American Economic Association, vol. 77(3), pages 460-463, June.
    11. Brian P. Cozzarin & Randall E. Westgren, 2000. "Rent Sharing in Multi-Site Hog Production," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(1), pages 25-37.
    12. Davidson, Russell & MacKinnon, James G., 1993. "Estimation and Inference in Econometrics," OUP Catalogue, Oxford University Press, number 9780195060119.
    13. Yujiro Hayami, 1994. "Peasant and Plantation in Asia," Palgrave Macmillan Books, in: Gerald M. Meier (ed.), From Classical Economics to Development Economics, chapter 8, pages 121-134, Palgrave Macmillan.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Eric Gaisie, 2017. "Living standards in pre-independent Ghana: evidence from household budgets," HHB Working Papers Series 7, The Historical Household Budgets Project.
    2. Michele Alacevich, 2010. "Development Agency or Bank? Vision and Strategy of the World Bank in the 50’s and 60’s," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 1, March.
    3. Steele, J. G. & Ramdin, H. N., 1971. "Soil Resources Of Guyana," 9th Annual Meeting, 1971, Georgetown, Guyana 263363, Caribbean Food Crops Society.
    4. Emanuele Felice & Amedeo Lepore, 2017. "State intervention and economic growth in Southern Italy: the rise and fall of the ‘Cassa per il Mezzogiorno’ (1950–1986)," Business History, Taylor & Francis Journals, vol. 59(3), pages 319-341, April.
    5. Alacevich, Michele, 2008. "The World Bank's early reflections on development : a development institution or a bank?," Policy Research Working Paper Series 4670, The World Bank.
    6. Sanderson, Agnes G., 1963. "British Guiana: Its Agriculture and Trade," Miscellaneous Publications 316469, United States Department of Agriculture, Economic Research Service.
    7. Aurora Gómez-Galvarriato, 2007. "The Political Economy of Protectionism: The Mexican Textile Industry, 1900-1950," NBER Chapters, in: The Decline of Latin American Economies: Growth, Institutions, and Crises, pages 363-406, National Bureau of Economic Research, Inc.
    8. Jay Mandle, 1970. "The decline in mortality in British Guiana, 1911-1960," Demography, Springer;Population Association of America (PAA), vol. 7(3), pages 301-315, August.
    9. Paulson Nicholas D & Katchova Ani L & Lence Sergio H, 2010. "An Empirical Analysis of the Determinants of Marketing Contract Structures for Corn and Soybeans," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 8(1), pages 1-25, May.
    10. Paulson Nicholas D & Katchova Ani L & Lence Sergio H, 2010. "An Empirical Analysis of the Determinants of Marketing Contract Structures for Corn and Soybeans," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 8(1), pages 1-25, May.
    11. McBride, William D. & Key, Nigel D., 2003. "Economic And Structural Relationships In U.S. Hog Production," Agricultural Economic Reports 33971, United States Department of Agriculture, Economic Research Service.
    12. Unterschultz, James R., 2000. "New Instruments For Co-Ordination And Risk Sharing Within The Canadian Beef Industry," Project Report Series 24046, University of Alberta, Department of Resource Economics and Environmental Sociology.
    13. Erkan Rehber, 2000. "Vertical Coordination In The Agro-Food Industry And Contract Farming: A Comparative Study Of Turkey And The Usa," Food Marketing Policy Center Research Reports 052, University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy.
    14. Hongli Feng & David A. Hennessy, 2009. "Production and Abatement Distortions under Noisy Green Taxes," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 11(1), pages 37-53, February.
    15. Resende Filho, Moises de Andrade, 2007. "A Principal-Agent Model for Investigating Traceability Systems Incentives on Food Safety," 105th Seminar, March 8-10, 2007, Bologna, Italy 7897, European Association of Agricultural Economists.
    16. Gaucher, Séverine & Soler, Louis-Georges & Tanguy, Hervé, 2002. "Incitation à la qualité dans la relation vignoble-négoce," Cahiers d'Economie et de Sociologie Rurales (CESR), Institut National de la Recherche Agronomique (INRA), vol. 62.
    17. Martinez, Stephen W., 1999. "Vertical Coordination in the Pork and Broiler Industries: Implications for Pork and Chicken Products," Agricultural Economic Reports 34031, United States Department of Agriculture, Economic Research Service.
    18. Thomas Kopp & Richard J. Sexton, 2021. "Farmers, Traders, and Processors: Buyer Market Power and Double Marginalization in Indonesia," American Journal of Agricultural Economics, John Wiley & Sons, vol. 103(2), pages 543-568, March.
    19. Sukhpal Singh, 2002. "Multi-national corporations and agricultural development: a study of contract farming in the Indian Punjab," Journal of International Development, John Wiley & Sons, Ltd., vol. 14(2), pages 181-194.
    20. Dermot J. Hayes & Lee L. Schulz & Chad E. Hart & Keri L. Jacobs, 2021. "A descriptive analysis of the COVID‐19 impacts on U.S. pork, turkey, and egg markets," Agribusiness, John Wiley & Sons, Ltd., vol. 37(1), pages 122-141, January.

    More about this item

    Keywords

    Agribusiness;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aaea03:21941. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.