Hostname: page-component-78c5997874-dh8gc Total loading time: 0 Render date: 2024-11-17T14:55:42.487Z Has data issue: false hasContentIssue false
  • English
  • Français

The Role of Social Capital in the Industrialization of the Food System

Published online by Cambridge University Press:  15 September 2016

Lindon J. Robison ,
A. Allan Schmid  and
Peter J. Barry
Lindon J. Robison
Affiliation:
Department of Agricultural Economics, Michigan State University, East Lansing
A. Allan Schmid
Affiliation:
Department of Agricultural Economics, Michigan State University, East Lansing
Peter J. Barry
Affiliation:
Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign
Get access

Abstract

Selfishness of preferences alone will not support the coordination necessary for the industrialization of the food system. Social capital relationships of mutual sympathy (caring) yield socio-emotional goods that are important in the more personal business world of evolving incomplete contracts and alliances involving input suppliers, processors, and labor. Relationships are also critical when consumers are buying image as well as physical products. Management and policy alternatives constitute investment in social capital that can affect opportunism, risk, loyalty, and trust.

Keywords

contractsfood systemindustrializationloyaltyopportunismrisksocial capitalsocio-emotional goodstrust
Type
Invited Presentations
Information
Agricultural and Resource Economics Review , Volume 31 , Issue 1 , April 2002 , pp. 15 - 24
Copyright
Copyright © 2002 Northeastern Agricultural and Resource Economics Association 

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Arrow, K. J. (1999). “Observations on Social Capital.” In Dasgupta, P. and Serageldin, I. (eds.), Social Capital: A Multifaceted Perspective (pp. 3–5). Washington, DC: The World Bank.Google Scholar
Bertrand, M., and Mullainathan, S. (2001). “Do People Mean What They Say? Implications for Subjective Survey Data.” American Economic Review 91, 67–72.CrossRefGoogle Scholar
Boulding, K. (1973). The Economy of Love and Fear. Belmont, CA: Wadsworth.Google Scholar
Frank, R. H. (1987). Choosing the Right Pond: Human Behavior and the Quest for Status. New York: Oxford University Press.Google Scholar
Fukuyama, F. (1995). Trust. New York: The Free Press.Google Scholar
Hanson, S. D., Robison, L. J., and Siles, M. E. (1996, January/February). “Impacts of Relationships on Customer Retention in the Banking Industry.” Agribusiness: An International Journal 12(1), 27–36.3.0.CO;2-R>CrossRefGoogle Scholar
Hennessy, D., and Lawrence, J. (1999, Spring/Summer). “Contractual Relations, Control, and Quality in the Hog Sector.” Review of Agricultural Economics 21, 52–67.Google Scholar
Henrich, J., Boyd, R., Bowles, S., Camerer, C., Fehr, E., Gintis, H., and McElreath, R. (2001). “In Search of Homo Economicus: Behavioral Experiments in 15 Small-Scale Societies.” American Economic Review 91, 73–78.CrossRefGoogle Scholar
Hirschman, A. (1970). Exit Voice and Loyalty. Cambridge, MA: Harvard University Press.Google Scholar
Kumar, N. (1996, November/December). “The Power of Trust in Manufacturer-Retailer Relationships.” Harvard Business Review 74, 93–106.Google Scholar
Martin, L. L. (1997, December). “Production Contracts, Risk Shifting, and Relative Performance Payments in the Pork Industry.” Journal of Agricultural and Applied Economics 29(2), 267–278.CrossRefGoogle Scholar
Maslow, A. H. (1962). Toward a Psychology of Being. Princeton, NJ: D. Van Nostrand Co.CrossRefGoogle Scholar
Peterson, H. C., Robison, L., and Siles, M. (1999). “The Social Capital Foundations of Trust in Global Agri-Food System Transactions.” Staff Paper No. 99–19, Department of Agricultural Economics, Michigan State University, East Lansing.Google Scholar
Putnam, R. D. (2000). Bowling Alone. New York: Simon & Schuster.Google Scholar
Reardon, T., and Berdegué, J. (2000, November 27–28). “Growth of Chains in Latin America” Report of the International Workshop on Concentration in the Processing and Retail Segments of the Agrifood System in Latin America. Red Internaccional de Metodologia de Investigation de Systemas de Produccion, Santiago de Chile.Google Scholar
Robison, L. J., and Hanson, S. D. (1995, July). “Social Capital and Economic Cooperation.” Journal of Agricultural and Applied Economics 27(1), 43–58.CrossRefGoogle Scholar
Robison, L. J., Myers, R. J., and Siles, M. E., (forthcoming). “Social Capital and the Terms of Trade for Farmland.” Review of Agricultural Economics.Google Scholar
Robison, L. J., and Schmid, A. A. (1989). “Interpersonal Relationships and Preferences: Evidences and Implications.” In Frantz, R. and Singh, H. (eds.), Handbook of Behavioral Economics, Vol. 2 (pp. 347–360). Greenwich, CT: JAIPress.Google Scholar
Robison, L. J., Schmid, A. A., and Siles, M. E., (forthcoming). “Is Social Capital Really Capital?” Review of Social Economy.Google Scholar
Schmid, A. A. (forthcoming). “Using Motive to Distinguish Social Capital from Its Outputs .” Journal of Economic Issues.Google Scholar
Schmid, A. A., and Robison, L. J. (1995, July). “Applications of Social Capital Theory.” Journal of Agricultural and Applied Economics 27(1), 59–66.CrossRefGoogle Scholar
Siles, M. E., Robison, L. J., and Hanson, S. D. (1994). “Socioeconomics and the Probability of Loan Approval.” Review of Agricultural Economics 16, 405–414.CrossRefGoogle Scholar
Siles, M. E., Robison, L. J., Johnson, B., Linne, G., and Beveridge, D. (2000). “Farmland Exchanges: Selection of Trading Partners, Terms of Trade, and Social Capital.” Journal of the American Society of Farm Managers and Rural Appraisers, 127–140.Google Scholar
Smith, A. (1966; first published 1759). The Theory of Moral Sentiments. Reprints of Economic Classics. New York: Augustus M. Kelley, Publishers.Google Scholar
Solow, R. M. (1999). “Notes on Social Capital and Economic Performance.” In Dasgupta, P. and Serageldin, I. (eds.), Social Capital: A Multifaceted Perspective (pp. 6–10). Washington, DC: The World Bank.Google Scholar
Williamson, O. (1985). The Economic Institutions of Capitalism. New York: The Free Press.Google Scholar
Wilson, P. N., and Kennedy, A. M. (1999). “Trustworthiness as an Economic Asset.” International Food and Agribusiness Management Review 2, 179–193.CrossRefGoogle Scholar
Woolcock, M. (1998). “Social Capital and Economic Development: Towards a Theoretical Synthesis and Policy Framework.” Theory and Society 27, 151–208.CrossRefGoogle Scholar