The Interbranch organizations in the cap reform: Institutional nature, opportunities and limits
Alessandro Pacciani and
ECONOMIA AGRO-ALIMENTARE, 2019, vol. 21, issue 2, 315-334
The objective of this study is to address the following research question: how could the Interbranch organizations (IBOs) support the implementation of the new cap regulatory approach sustaining the design and the implementation of private orderings in Agro-industry value chains? Our method is based on two steps. First we delineate a conceptual framework based on recent achievements of Transaction Cost Economics. This step is based on the illustration of a three institutional layers architecture which includes macro-, meso- and microinstitutional levels. The next step is to focus on the case study of IBOs and is dedicated to analysis of such arrangements in terms of meso- institutions. The study provides two basic results. First is pointed out that the cap reform calls for the identification of appropriate meso-institutional level. Secondly it is suggested that the efficiency of the micro-institutional level is increased by the integration of the scope of the meso-institutional level.
JEL-codes: Q13 L1 L2 (search for similar items in EconPapers)
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