scholarly journals Transaction attributes and adoption of hybrid governance in the Brazilian cattle market

2014 ◽  
Vol 14 (3) ◽  
pp. 189-199 ◽  
Author(s):  
M. de Mello Brandão Vinholis ◽  
H. Meirelles de Souza Filho ◽  
M.J. Carrer ◽  
F.R. Chaddad

A transaction cost economics framework was used to test hypotheses on the alignment of transaction attributes and governance structures using data from a sample of 84 beef cattle farms in Brazil. A bivariate logit model was employed. It was found that the adoption of traceability and its certification and highly capital-intensive production systems, used here as proxies for asset specificity, plays a positive role in the choice of hybrid forms of governance.

2019 ◽  
Vol 9 (2) ◽  
pp. 139-158 ◽  
Author(s):  
Hildo Meirelles de Souza Filho ◽  
Bruno Varella Miranda

Purpose The purpose of this paper is to discuss the relationship between the existence of asset specificity and the architecture of the hybrid governance structures adopted by horticultural smallholders from the Brazilian region of Serra Fluminense. Design/methodology/approach This paper uses a negative binomial regression model to analyze 567 transactions carried out by horticultural smallholders from the Brazilian region of Serra Fluminense. Starting from the insights of Oliver Williamson’s transaction cost economics, an indicator is constructed with the goal to capture the degree of intensity of coordination from the adoption of diverse bundles of coordination mechanisms in a governance structure. Findings The results show that higher levels of human and physical asset specificity affect the intensity of coordination of the transactions in the sample, leading to the adoption of hybrid forms with more complex bundles of coordination mechanisms. Research limitations/implications This paper adds to a growing literature that studies the architecture of complex governance structures. However, its empirical conclusions are exploratory. Originality/value The contribution of this paper is twofold. First, quantitative empirical studies that analyze the diversity of hybrid forms in the same industry are relatively rare. This contribution also presents a theoretical discussion that might inform scholars dealing with similar research challenges.


2020 ◽  
Vol 48 (7) ◽  
pp. 1-12
Author(s):  
Ran Xiong ◽  
Ping Wei

Confucian culture has had a deep-rooted influence on Chinese thinking and behavior for more than 2,000 years. With a manually created Confucian culture database and the 2017 China floating population survey, we used empirical analysis to test the relationship between Confucian culture and individual entrepreneurial choice using data obtained from China's floating population. After using the presence and number of Confucian schools and temples, and of chaste women as instrumental variables to counteract problems of endogeneity, we found that Confucian culture had a significant role in promoting individuals' entrepreneurial decision making among China's floating population. The results showed that, compared with those from areas of China not strongly influenced by Confucian culture, individuals from areas that are strongly influenced by Confucian culture were more likely to choose entrepreneurship as their occupation choice. Our findings reveal cultural factors that affect individual entrepreneurial behavior, and also illustrate the positive role of Confucianism as a representative of the typical cultures of the Chinese nation in the 21st century.


2021 ◽  
Vol 11 (9) ◽  
pp. 4209
Author(s):  
Theodore Papatheodorou ◽  
John Giannatsis ◽  
Vassilis Dedoussis

Data Envelopment Analysis (DEA) is an established powerful mathematical programming technique, which has been employed quite extensively for assessing the efficiency/performance of various physical or virtual and simple or complex production systems, as well as of consumer and industrial products and technologies. The purpose of the present study is to investigate whether DEA may be employed for evaluating the technical efficiency/performance of 3D printers, an advanced manufacturing technology of increasing importance for the manufacturing sector. For this purpose, a representative sample of 3D printers based on Fused Deposition Modeling technology is examined. The technical factors/parameters of 3D printers, which are incorporated in the DEA, are investigated and discussed in detail. DEA evaluation results compare favorably with relevant benchmarks from experts, indicating that the suggested DEA technique in conjunction with technical and expert evaluation could be employed for evaluating the performance of a highly technological system, such as the 3D printer.


2021 ◽  
Vol 11 (1) ◽  
Author(s):  
Cynthia Schuck-Paim ◽  
Elsa Negro-Calduch ◽  
Wladimir J. Alonso

AbstractSocietal concern with the welfare of egg laying hens housed in conventional cages is fostering a transition towards cage-free systems in many countries. However, although cage-free facilities enable hens to move freely and express natural behaviours, concerns have also been raised over the possibility that cage-free flocks experience higher mortality, potentially compromising some aspects of their welfare. To investigate this possibility, we conducted a large meta-analysis of laying hen mortality in conventional cages, furnished cages and cage-free aviaries using data from 6040 commercial flocks and 176 million hens from 16 countries. We show that except for conventional cages, mortality gradually drops as experience with each system builds up: since 2000, each year of experience with cage-free aviaries was associated with a 0.35–0.65% average drop in cumulative mortality, with no differences in mortality between caged and cage-free systems in more recent years. As management knowledge evolves and genetics are optimized, new producers transitioning to cage-free housing may experience even faster rates of decline. Our results speak against the notion that mortality is inherently higher in cage-free production and illustrate the importance of considering the degree of maturity of production systems in any investigations of farm animal health, behaviour and welfare.


2010 ◽  
Vol 450 ◽  
pp. 365-368
Author(s):  
James C. Chen ◽  
Chia Wen Chen ◽  
Kou Huang Chen ◽  
Chien Hsin Lin

Wafer fabrication is a capital intensive industry. A 12-inch wafer fabrication plant needs a typical investment of US$ 3 billion, and the equipment cost constitutes about two-thirds to three-quarters of the total production costs. Therefore, capacity planning is crucial to the investment and performance of wafer fabrication plants. Several formulae are presented to calculate the required number of machines with sequential, parallel, and batch processing characteristics, respectively. An AutoSched AP simulation model using data from real foundry fabrication plants is used in a case study to evaluate the performance of the proposed formulae. Simulation results indicate that the proposed formulae can quickly and accurately calculate the required number of cluster tools leading to the required monthly output rate.


1997 ◽  
Vol 26 (3) ◽  
pp. 165-171
Author(s):  
John Hill ◽  
Carol Asby ◽  
Ian Sturgess

This paper considers what animal welfare is and the importance of animal welfare to the consumer. It also considers how different production systems are perceived in terms of kindness to animals, and outlines a method of assessing the costs of animal welfare by analysing the costs of intensive egg and broiler production and comparing them with costs of free-range production by using data from the UK. The extra costs associated with free-range production are due to higher labour, feed, building and equipment costs.


Animals ◽  
2021 ◽  
Vol 11 (12) ◽  
pp. 3394
Author(s):  
Ivo Medeiros ◽  
Aitor Fernandez-Novo ◽  
Susana Astiz ◽  
João Simões

The intensification of bovine milk production in the Azores has led farmers to increase farm size and specialization in grasslands, implementing confined and semi-confined production systems. Fixed milking parlours (FMP) have progressively gained more popularity, at the expense of conventional mobile milking systems (MMS). The present study aimed to evaluate the associations between production and health management in dairy cattle farms, with FMP or MMS, in grasslands (São Miguel, Azores), according to the farmers’ perspective. A total of 102 questions about production and health management were surveyed in 105 farms with >30 dairy cows each. Farms with FMP were associated (p ≤ 0.05) with larger herd size, better facilities, and specialized management, however, the adoption of preventive and biosecurity measures should be improved by these farmers. MMS farms implemented a lower level of disease prevention or control programs, less frequent transhumance, and showed a wider vocation to dual-purpose (milk and cross beef) than FMP farms. In conclusion, MMS and FMP farms tried to optimize yield and economic viability in different ways using grasslands. Several biosecurity and health prevention constraints were identified for improvement.


1997 ◽  
Vol 8 (3) ◽  
pp. 167-176
Author(s):  
Mike Adams

The concept of asset specificity is an important feature of the transaction-cost economics literature. This literature predicts that asset specificity – which embraces physical assets, specialist human capital and intangibles such as brands – fosters greater certainty in complicated transactions of long duration. The business of life insurance is a classical example of complex and long-term exchange between the owners and managers of the firm and its customers. This note thus examines the concept of asset specificity and considers its relevance to the life insurance industry. To stimulate further research four hypotheses are put forward.


1995 ◽  
Vol 16 (4) ◽  
pp. 605-623 ◽  
Author(s):  
Niels Noorderhaven

The deconstruction method was used to analyze a seminal text in transaction cost economics, viz., Oliver Williamson's Economic Institutions of Capitalism. This deconstructive reading revealed that the assumption of opportunism that gives rise to the problem of economic organization as formulated by William son also tends to undermine the proposed solution to this problem. The plausi bility of unified governance as a solution to the problem of opportunism in transaction relations with asset specificity is shown to hinge on the temporary deferment of the assumption of opportunism. Thus, transaction cost economics finds itself in an impasse of thought: actors have to be assumed to be both opportunistic and not-opportunistic if the logic of the theory is to be main tained.


2016 ◽  
Vol 17 (1) ◽  
pp. 16-27 ◽  
Author(s):  
Silvia Alonso ◽  
Ian Dohoo ◽  
Johanna Lindahl ◽  
Cristobal Verdugo ◽  
Isaiah Akuku ◽  
...  

AbstractA meta-analysis was performed to derive prevalence estimates for Brucella spp., Mycobacterium spp. and Trypanosoma spp. in cattle in Tanzania using data derived from a systematic review of zoonotic hazards in cattle production systems. Articles published before 2012 reporting prevalence and considered at least moderate in quality were included in the analysis. Results showed high heterogeneity between studies, with wide ranges in the reported prevalence: Brucella (0.3–60.8%), Mycobacterium (0.1–13.2%) and Trypanosoma (0.82–33.3%). Overall meta-analytic mean prevalence estimates were 8.2% (95% CI 6.5–10.2), 1.28% (95% CI 0.35–4.58) and 10.3% (95% CI 6.20–16.70) respectively, for Brucella spp., Mycobacterium spp. and Trypanosoma spp. Time and region were predictors of variability of Brucella spp. prevalence, while diagnostic test was a strong predictor of Mycobacterium spp. prevalence, with higher prevalence estimates given by skin tests compared with post-mortem inspection. None of the studied factors were associated with prevalence of Trypanosoma spp. The small sample sizes, range of study locations, study designs and diagnostics used, contributed to high variability among prevalence estimates. Larger and more robust prevalence studies are needed to adequately support risk assessment and management of animal and public health threats.


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