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
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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.
|Research Areas:||Middlesex University Schools and Centres > Business School > Economics and International Development|
|Citations on ISI Web of Science:||2|
|Deposited On:||20 Feb 2009 17:17|
|Last Modified:||24 Nov 2014 14:00|
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