CONTRACT STRUCTURE, LEARNING-BY-DOING AND THE VIABILITY OF NEW AGRICULTURAL INDUSTRIES

Conrad J. Choiniere

No 19665, 2002 Annual meeting, July 28-31, Long Beach, CA from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The paper examines contracts in new agricultural industries that exhibit learning-by-doing. A dynamic model analyzes a contract's effect on production decisions, as well as investments in processing capacity and learning. The results of the model are applied qualitatively to the biomass electricity industry.

Keywords: Agribusiness (search for similar items in EconPapers)
Pages: 24
Date: 2002
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea02:19665

DOI: 10.22004/ag.econ.19665

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