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Mario Mondelli 2 ; Decio Zylbersztajn 3. What are the determinants of the commercial channel choice in the beef producers-processors transactions? The question refers to the coordination and production control problem associated to changes in consumer's awareness of specific attributes in food products. Two contractual arrangements coexist in this transaction: direct-contracting and broker-induced transactions Transaction Cost Economic offers helpful insights to understand the reason for the development and adaptations of different contractual arrangement moved by transaction cost economizing perspective. The empirical analysis is focused in the Uruguayan beef agro-industrial system. Analysis integrates i institutional and organizational changes in the beef industry; ii based on the analysis of the transaction dimensions frequency, asset specificity and uncertainty we address hypothesis of the determinants of the contractual arrangement in the beef producers-processors transaction; and iii we run a statistical test of the hypotheses based on a logit model.
Are currency depreciation processes expansionary or contractionary in Brazil? An assessment of the effect of private sector foreign exchange mismatch. E-mail: fepsouza ie. This paper deals with the evolution of the currency mismatch in the Brazilian economy in the last two decades, with the aim of assessing the vulnerability of the economy to an exchange rate devaluation, through the balance sheet effect.
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