Konferenzbeitrag

Contractual relationships in the Hungarian milk sector

In this paper we present an empirical analysis of farmers' contracting choice in the Hungarian milk sector using 2005 milk producer survey data, employing transaction cost economics. We focus on analysing some key determinants of farmers' contracting choices: type of contracts, duration, number of contractors, incentives provided in the contract and business history of farmers and buyers. Some of the main results include the importance and effect of farm size, quantity of milk delivered, planned short and long run or contract related investment on farm, the possibility of farmer to influence prices on the contracting choices.

Language
Englisch

Bibliographic citation
Series: IAMO Forum 2010, Halle (Saale), June 16 - 18, 2010: Institutions in Transition - Challenges for New Modes of Governance

Classification
Wirtschaft
Subject
transaction costs
contracts
milk products
Hungary

Event
Geistige Schöpfung
(who)
Zoltán Bakucs, Lajos
Fertő, Imre
Szabó, Gábor G.
Event
Veröffentlichung
(who)
Leibniz Institute of Agricultural Development in Central and Eastern Europe (IAMO)
(where)
Halle (Saale)
(when)
2010

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Konferenzbeitrag

Associated

  • Zoltán Bakucs, Lajos
  • Fertő, Imre
  • Szabó, Gábor G.
  • Leibniz Institute of Agricultural Development in Central and Eastern Europe (IAMO)

Time of origin

  • 2010

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