An essay on the agricultural production organization in former communist countries

Rizov, Marian (2003) An essay on the agricultural production organization in former communist countries. The Social Science Journal, 40 (4). pp. 665-672. ISSN 0362-3319

Full content URL: http://dx.doi.org/10.1016/S0362-3319(03)00078-8

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An essay on the agricultural production organization in former communist countries

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Abstract

This paper reviews and interprets existing information and transaction costs theories of firm organization
and entrepreneur’s role in order to provide a consistent explanation of the farm-sector dynamics in
former communist countries. Important determinants of farm restructuring are economic factors, such
as relative productivity of existing human and physical capital in different organizations, risk, terms
of trade, transition specific distortions, and factor intensity of agricultural production. To a large extent,
however, the phenomenon of various new enterprises being established represents not just general
economic and policy conditions but also a diverse population of economic agents.

Keywords:Agricultural transformation, farm restructuring, production organisation, Human Capital, constraints
Subjects:L Social studies > L120 Microeconomics
L Social studies > L110 Applied Economics
L Social studies > L113 Economic Policy
L Social studies > L170 Economic Systems
Divisions:Lincoln International Business School
ID Code:19560
Deposited On:20 Nov 2015 10:16

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