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The Impact on Farmers of Privatizing Parastatal Agricultural Monopsonies
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Paul Makdissi
Published/Copyright:
September 7, 2005
International Financial Institutions have advocated the privatization of integrated agricultural monopsonies in developing countries with the hope that competition between private firms under a contract farming system would reduce inefficiencies in production and enable farmers to obtain a higher share of world commodity prices. Using a very simple theoretical model, this paper shows however that the impact of privatization and contract farming may not be positive for all farmers.
Published Online: 2005-9-7
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
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Articles in the same Issue
- Article
- On Cyclical Industry Evolution in Agricultural Biotechnology R&D
- Losing Under Contract: Transaction-Cost Externalities and Spot Market Disintegration
- Railcar Auctions for Grain Shipments: A Strategic Analysis
- Dethroning Economic Kings: The Packers and Stockyards Act of 1921 and its Modern Awakening
- Demand Screening with Slotting Allowances and Failure Fees
- A Simple Test of Oligopsony Behavior with an Application to Rice Milling
- The Impact on Farmers of Privatizing Parastatal Agricultural Monopsonies
- Ownership Structure and Endogenous Quality Choice: Cooperatives versus Investor-Owned Firms
- Private Label Products as Experience Goods
