OPPOSITION TO CONTRACT PRODUCTION: SELF-SELECTION, STATUS, AND STRANDED ASSETS

Production contract tournaments induce self-selection among producers. Self-selection for pork differs from broiler production resulting in a predictably different political response by incumbent producers to contract innovation. The higher capital and status of incumbent pork producers than poultry producers account for much of the difference.


Issue Date:
1998
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/21012
Total Pages:
10
JEL Codes:
J41 Contracts; Specific Human Capital; J43 Agricultural Labor Markets; L22 Firm Organization; Markets vs. Hierarchies
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-04-26

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