Market Intermediaries (market + intermediary)

Distribution by Scientific Domains


Selected Abstracts


EXPLORING MARKET-BASED DEVELOPMENT: MARKET INTERMEDIARIES AND FARMERS IN CALAKMUL, MEXICO,

GEOGRAPHICAL REVIEW, Issue 1 2005
ERIC KEYS
ABSTRACT. Market intermediaries play important roles in the development of tropical-forest frontiers but are often overlooked in the assessment of land-change dynamics. Consistent with research beyond land-change studies, intermediaries are found to be a pivotal element in land-use and land-cover change in southeastern Mexico. They have stimulated commercial chili cultivation in this development frontier, providing transportation and other services to smallholders who could otherwise not enter the chili market. This role comes at the cost of a near monopoly on chili marketing. The various roles played by these intermediaries, or coyotes, the means by which they operate, and the consequences for smallholders and land use are detailed for the Calakmul Municipality, Campeche, Mexico. [source]


Distribution of gains from research and promotion in the presence of market power

AGRIBUSINESS : AN INTERNATIONAL JOURNAL, Issue 3 2003
Michael K. Wohlgenant
This article evaluates how marginal returns to producers from promotion and research are affected when market intermediaries have market power in the retail market. Using an equilibrium displacement model, the relative importance of market power is evaluated for a "typical" food-processing industry, and the empirical analysis focuses on how much profits from advertising, off-farm research, and farm research are affected by a one dollar increase in check-off funds, assuming equal efficiency in funds spent at each level of the marketing channel. The empirical analysis systematically considers alternative values of the underlying structural parameters of the model using Monte Carlo simulations to generate confidence intervals of marginal returns from each alternative use of the funds. Important findings are that the results with market power are indistinguishable from those obtained under pure competition and the results are most affected by input substitutability. [EconLit citations: L660]. © 2003 Wiley Periodicals, Inc. Agribusiness 19: 301,314, 2003. [source]


Contractual governance, business groups and transition

THE ECONOMICS OF TRANSITION, Issue 2 2002
Raja Kali
We suggest a unified framework to explain the following stylized pattern in the development of contractual governance and industrial organization. Contractual governance in many emerging economies is characterized by relational contracting. Coincident with relational contracts are large, diversified organizations , often referred to as business groups. As institutions and market intermediaries develop, a process of transition from relational contracting to arms-length explicit contracting takes place. During this phase relational and explicit contracts complement each other. Business groups initially expand in size, scope and increase the strength of ties. As development proceeds, a threshold is crossed after which business groups begin to unravel. This process of transition in contractual governance is often accompanied by a period of rapid growth, which eventually comes to a stop. JEL classification: L22, L14, O17. [source]


The Business of Temporary Staffing: A Developing Research Agenda

GEOGRAPHY COMPASS (ELECTRONIC), Issue 8 2010
Neil M. Coe
This paper offers a critical review of the existing literatures on temporary staffing. It argues that while research on both client firm rationales and the experiences and characteristics of temporary agency workers are relatively well advanced, work that explores the temporary staffing industry and its own strategies and expansionary logics is still in its infancy. This is a significant oversight given the increasingly widespread influence of this particular form of labour market intermediary. Grounded in recent work in economic geography, the paper maps a future research agenda. [source]