Creativeness and Limitations

196

Secondly, this research chooses key chain agents as study object to make the study easier, but in reality, key chain agents are not able to represent the whole chain. The transaction cost of the chain is different as the transaction cost between two chain agents.

Thirdly, this research has made an effort to make all the measurements of transaction cost and gains to be in line with the ¨mutual¨ concept, but the survey target is processing and slaughtering industries instead of both processing industries and small pig producers. Although all the questionnaires are designed to reflect the mutual situation, the mutual transaction costs and gains could not be represented by the transaction cost and gains stated by processing industries from its one side.

Finally, the Likert-type scale method itself has limitations. For example, the questionnaires depend a lot on the subjective judgments of the interviewee, which makes the model results has deviations.

197

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