VERTICAL COORDINATION: A TRANSACTIONS COST APPROACH

Stuart D. Frank and Dennis R. Henderson

No 270876, 1990 Annual meeting, August 5-8, Vancouver, Canada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Vertical coordination has been shown to be superior to vertical integration as an element of industrial structure. In this paper, the effects of transaction costs on vertical coordination are investigated. The results confirm the theoretical expectation that transaction costs are the primary motivation for vertical coordination.

Keywords: Agricultural and Food Policy; Industrial Organization (search for similar items in EconPapers)
Pages: 21
Date: 1990-08-05
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea90:270876

DOI: 10.22004/ag.econ.270876

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