Endogenous production organization during market liberalization: farm level evidence from Romania
Rizov, Marian (2003) Endogenous production organization during market liberalization: farm level evidence from Romania. Economic Systems, 27 (2). pp. 171-187. ISSN 0939-3625
Full text is not in this repository.
This item is available in the Library Catalogue
This paper analyzes the production organization structure of farm sectors in a transition country (TC) where a number of organization modes emerged. Under imperfect markets rural households make optimal organization mode choices by adjusting their physical resources according to the non-tradable managerial input that they allocate in farming. Empirical results for Romania strongly support the hypothesis that the optimal organization mode choice is influenced by household’s human and physical capital endowments as well as by the market environment. Policies providing access to capital and secure property rights would facilitate shift to individual farming modes and efficient resource reallocation.
|Research Areas:||A. > Business School > Economics|
|Deposited On:||19 Feb 2009 16:31|
|Last Modified:||23 Sep 2015 13:27|
Repository staff only: item control page
Full text downloads (NB count will be zero if no full text documents are attached to the record)
Downloads per month over the past year