An Investigation of Factors that Influence the Survival of Contracts in the DOCa Rioja Wine Industry

Marta Fernández Olmos

Applied Economic Perspectives and Policy, 2010, vol. 32, issue 2, 298-318

Abstract: This study applied a multi-theoretical perspective to explore factors that determine the duration of continuing supply relationships between grape processors and growers. Our empirical study employed hazard rate models with time-varying covariates, using data from supply contracts between wineries and growers in the DOCa Rioja wine industry. We found evidence that rates of contract termination: (1) decrease with the level of site-specificity in the processor-grower relationship; (2) increase with the existence of market uncertainty; (3) decrease with the existence of monitoring; and (4) increase (rather than decrease) over time. Copyright 2010, Oxford University Press.

Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://hdl.handle.net/10.1093/aepp/ppp011 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:apecpp:v:32:y:2010:i:2:p:298-318

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

Applied Economic Perspectives and Policy is currently edited by Timothy Park, Tomislav Vukina and Ian Sheldon

More articles in Applied Economic Perspectives and Policy from Agricultural and Applied Economics Association Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK. Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().