Abstract

The relationship between rural producers and sugarcane plants is buoyed by three kinds of agreements: offtake agreement, rural partnership, and land lease agreement. This study focuses on the analyses of land lease and partnership agreements view under the prism of the Transaction Cost Theory. The basic hypothesis is that the transaction costs determine the preference for a certain kind of agreement. For the analyses, confidential data of 1,180 agreements of different plants were used. The results confirm the hypotheses declared.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.