vertical coordination

THE ROLE OF AGRIBUSINESS IN STIMULATING ON-FARM INVESTMENTS – CASE-STUDY OF THE ARMENIAN DAIRY SECTOR

by Liesbeth Dries, Matthew Gorton, John White, Vardan Urutyan, Gagik Sardaryan This paper analyses the impact on investments of contractual arrangements between farms and agribusiness in the Armenian dairy sector. Our empirical evidence is based on a unique survey of 300 Armenian dairy farms. The dairy sector is of particular…