Methodology


Methodology

PENSA focus is in the study of agribusiness systems particularly the coordination of the agents involved in the production, processing and distribution of products originating in agriculture and livestock.

PENSA developed a methodology for the study of agribusinesse´s systems and organizations based on three conceptual frameworks: the Structure of the market segments, transaction costs and institutional environment analysis.

The New Institutional Economics approach to agribusiness coordination considers the internal structure of the firm, its vertical and horizontal relationships as the institutional structure of production. The theory of industrial organization, on the other hand, allows the analysis of industries, strategic groups and market structure.

The applicability of these theoretical bases consists of a powerful tool that allows analysis focused on private strategies and public policies.