 Transaction cost analysis of outsourcing farm administration by Belgian farmersT Vernimmen, Wim Verbeke and G van Huylenbroeck European Review of Agricultural Economics, 2000, vol. 27, issue 3, 325-345 Abstract: Modern farming is characterised by an increasing amount of regulation and hence of farm administration. This paper reports an empirical investigation of farmers' decisions regarding administrative tasks, and in particular the decision to outsource (part of) this administration. The theoretical framework is based on transaction cost economics, adapted and interpreted here to deal with services. The empirical analysis applies a probit model estimated using cross-section farm survey data. Results indicate significant differences in outsourcing related to characteristics such as farmers' age, farm size and institutional environment, as well as to factors such as the complexity, uncertainty and time requirements of the administration concerned. Copyright 2000, Oxford University Press. Date: 2000 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:oup:erevae:v:27:y:2000:i:3:p:325-345 Ordering information: This journal article can be ordered from Access Statistics for this article European Review of Agricultural Economics is currently edited by Timothy Richards, Salvatore Di Falco, Céline Nauges and Vincenzina Caputo More articles in European Review of Agricultural Economics from Oxford University Press and the European Agricultural and Applied Economics Publications Foundation Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK. Contact information at EDIRC. |
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