Governance Strategies and Welfare Effects: Vertical Integration and Contracts in the Catfish Sector in Vietnam
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Governance Strategies and Welfare Effects : Vertical Integration and Contracts in the Catfish Sector in Vietnam. / Trifkovic, Neda.
Frederiksberg : Department of Food and Resource Economics, University of Copenhagen, 2013.Research output: Working paper › Research
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TY - UNPB
T1 - Governance Strategies and Welfare Effects
T2 - Vertical Integration and Contracts in the Catfish Sector in Vietnam
AU - Trifkovic, Neda
N1 - JEL codes: D02, D31, O17, L14, L24
PY - 2013/11
Y1 - 2013/11
N2 - Using an original dataset from the Vietnamese catfish sector, we study the impact of vertical coordination options on household welfare and the implications of different stages of vertical coordination for the success of the whole sector. The welfare gain from contract farming and employment on processor-owned estate farms is estimated using a maximum simulated likelihood estimator. Our results show positive welfare effects from participating in contract farming, but not from employment on processor-owned estate farms. The results imply that contract farming presents opportunities for economic growth, but additional effort is required to make the contracts more accessible to smallholders.
AB - Using an original dataset from the Vietnamese catfish sector, we study the impact of vertical coordination options on household welfare and the implications of different stages of vertical coordination for the success of the whole sector. The welfare gain from contract farming and employment on processor-owned estate farms is estimated using a maximum simulated likelihood estimator. Our results show positive welfare effects from participating in contract farming, but not from employment on processor-owned estate farms. The results imply that contract farming presents opportunities for economic growth, but additional effort is required to make the contracts more accessible to smallholders.
KW - Faculty of Social Sciences
KW - vertical coordination
KW - catfish
KW - maximum simulated likelihood
KW - agri-food transformation
KW - Vietnam
M3 - Working paper
T3 - IFRO Working Paper
BT - Governance Strategies and Welfare Effects
PB - Department of Food and Resource Economics, University of Copenhagen
CY - Frederiksberg
ER -
ID: 91431741