The Economics of Dot.coms and E-commerce in the Agrifood Sector

Frank Beurskens

Review of Agricultural Economics, 2003, vol. 25, issue 1, 22-25

Abstract: The Internet, as a distributed information system, has the capability to reinforce the current structure of the U.S. agricultural and food system, and/or to facilitate shifts in the pattern of structural change. E-commerce can act as a coordinating mechanism that will strengthen the tendencies toward growth in firm size and agribusiness consolidation. On the other hand, the Internet could foster greater numbers of smaller, entrepreneurial firms. In reviewing the factors that support both types of effect, I conclude that we have yet to see which one influence outweighs the other. Copyright 2003, Oxford University Press.

Date: 2003
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