Vertical Linkages in Agri-foods Supply Chains in Canada and the United States

📖 The Scoop

This report describes the nature of vertical linkages in agriculture, ranging from spot markets to vertical integration, and discusses factors leading to increased vertical co-ordination. It then reviews the applied & theoretical literature relating to vertical co-ordination, including transaction cost economics, strategic management theory, and convention theory. A conceptual framework is also developed for examining the forces behind closer vertical relations. The framework has four components: environmental drivers, product & transaction characteristics, and vertical co-ordination mechanisms. The framework is applied to the United States corn & soybean sectors to reveal the importance of technological change. Finally, the report examines the implications of closer vertical linkages for pricing, government policy, and markets.

Genre: Business & Economics / General (fancy, right?)