Three Essays on The Problem of Hold-up in Broiler Industry
| dc.contributor.advisor | Tomislav Vukina, Committee Chair | en_US |
| dc.contributor.advisor | Armando Levy, Committee Member | en_US |
| dc.contributor.advisor | Walter Thurman, Committee Member | en_US |
| dc.contributor.advisor | David Flath, Committee Member | en_US |
| dc.contributor.author | Leegomonchai, Porametr | en_US |
| dc.date.accessioned | 2010-04-02T19:12:12Z | |
| dc.date.available | 2010-04-02T19:12:12Z | |
| dc.date.issued | 2003-04-21 | en_US |
| dc.degree.discipline | Economics | en_US |
| dc.degree.level | dissertation | en_US |
| dc.degree.name | PhD | en_US |
| dc.description.abstract | This study examines the existence of the hold-up problem in the broiler industry. Under production contracts, broiler growers may be subject to market failures, and thus, may be held up by opportunistic broiler processors. We found no evidence that processors discriminate among growers by distributing inputs of varying quality in the sequences of repeated short-term contracts. We also found that market power does not affect the decision in the grower's relationship-specific investment which indicates that there is no manifestation of the hold-up problem from growers who rationally anticipate it. Hence, market failures are not significant. Furthermore, by using the interest group theory of regulation, we confirm that the broiler industry operates efficiently. Further regulation to protect growers is not needed in the broiler industry. | en_US |
| dc.identifier.other | etd-04212003-120616 | en_US |
| dc.identifier.uri | http://www.lib.ncsu.edu/resolver/1840.16/5353 | |
| dc.rights | I hereby certify that, if appropriate, I have obtained and attached hereto a written permission statement from the owner(s) of each third party copyrighted matter to be included in my thesis, dissertation, or project report, allowing distribution as specified below. I certify that the version I submitted is the same as that approved by my advisory committee. I hereby grant to NC State University or its agents the non-exclusive license to archive and make accessible, under the conditions specified below, my thesis, dissertation, or project report in whole or in part in all forms of media, now or hereafter known. I retain all other ownership rights to the copyright of the thesis, dissertation or project report. I also retain the right to use in future works (such as articles or books) all or part of this thesis, dissertation, or project report. | en_US |
| dc.subject | Hold-up | en_US |
| dc.subject | Broiler Contracts | en_US |
| dc.subject | Broiler Industry | en_US |
| dc.title | Three Essays on The Problem of Hold-up in Broiler Industry | en_US |
Files
Original bundle
1 - 1 of 1
