A framework to facilitate institutional arrangements for smallholder supply in developing countries: An agribusiness perspective

The industrialization of agriculture and the potential problem of small-scale farmer marginalization calls for a fresh approach to the design of agribusiness supply chain arrangements in developing countries. The objective of the paper is to contribute to a better understanding of institutional arrangements that can promote stable smallholder agribusiness contracting arrangements in a developing country context. A case study approach, incorporating a transaction cost framework, is used to test whether trust can significantly change the contract characteristics of supply. The results suggest that although the presence of trust can influence the contract characteristics of a supply arrangement, it may not be significant because of other factors in a developing country context. Bearing this in mind, a number of institutional arrangements are recommended in order to promote more stable contract conditions.     

Bankruptcy behavior in the NFL: does the overtime structure change the strategy of the game?

Companies in financial distress have an incentive to take on high-risk/high-reward projects, known as ??bankruptcy behavior.?? This paper investigates the activity of bankruptcy behavior outside of the corporate setting by analyzing the effects of the overtime structure in the NFL relative to College Football. In overtime, the first team to score in the NFL wins. In college football, however, both teams in overtime get a chance to score and the winner is decided when one team outscores the other. This structure causes different strategies for the NFL teams approaching overtime relative to college football teams. Using the variance in scoring throughout the game, I find evidence that NFL teams take on more risk late in the game to avoid overtime, or act as if they have bankruptcy behavior.     

Kommentar zu Millers Beitrag

Ohne ZusammenfassungKurt Markert ist Vorsitzender einer Beschlußabteilung im Bundeskartellamt, (D-1000 Berlin 61, Mehringdamm 129) und Honorarprofessor für Wirtschaftsrecht an der Freien Universität Berlin.     

Elefantenhochzeit in Österreich — ÖGK und ÖGPuK fusionieren

Ohne Zusammenfassung     

Clothing,chips and competitive advantage: The impact of microelectronics on trade and production in the garment industry

This paper presents the results of a research project which examined the impact of microelectronics on the nature of production and the patterns of international trade in the clothing industry. Empirical evidence is given on the effects of microelectronics-related innovations currently being used by clothing manufacturers in the developed countries. Radical innovations have been introduced in the ‘pre-assembly’ stage which have revolutionized this phase of production. In contrast, the introduction of microelectronics into assembly technology is still limited. As a result, the clothing industry remains reliant on labor-intensive techniques that place it at a competitive disadvantage compared to low-wage developing countries. Hence, the determinants of international competitive advantage in the industry remain largely unaltered. However, due to increasing concentration and major new R&D efforts in the public and private sector, it is argued that the preconditions are being laid for a fundamental structural and technological transformation of the industry in the North, which could have very important implications for the competitive position of Third World clothing exporters. Emphasis is also placed upon the continued restraining effects of protectionist barriers imposed by the main importing nations and on the differential impact of this on the ability of newer entrants to achieve rapid and sustained export growth.     

A cross-national comparison and taxonomy of DEA-based hospital efficiency studies

This paper provides the first taxonomy of hospital efficiency studies that uses data envelopment analysis (DEA) and related techniques. We provide a systematic review of 79 such studies published from 1984–2004 that represent 12 countries. Only studies written in English are considered. A cross-national comparison reveals significant differences with respect to important study characteristics such as type of DEA model selected and choice of input and output categories. Compared with US studies, European efforts are more likely to measure allocative rather than technical efficiency, use longitudinal data, and use fewer observations. We take a longitudinal perspective that illustrates the life cycle of this research, as well as its diffusion across disciplines. Our taxonomy can be used by policy makers and researchers to review past, and assemble new, DEA models.