Does individualization help the productivity of transition agriculture?
Rizov, Marian (2005) Does individualization help the productivity of transition agriculture? Agricultural Economics, 33 (2). pp. 215-227. ISSN 0169-5150
Full text is not in this repository.
This item is available in the Library Catalogue
There are large differences across transition countries with respect to agricultural-sector performance and corresponding scope of farm restructuring and shift to individual farming. In this article we analyze the impact of individualization on productivity growth within an augmented neoclassical growth model framework. This approach allows us to circumvent criticisms on the grounds of lack of theoretical and objective criteria for inclusion of explanatory variables. Furthermore, in the empirical analysis using a panel data covering 15 transition countries over the period 1990–2001 and applying a generalized method of moments with instrumental variable estimator we are able to control for the impact of various factors and the potential endogeneity of variables. Our estimation results are robust and support the view that the shift to individual farming, as well as the overall economic reforms, has positively contributed to the productivity growth in agriculture during the first decade of transition.
|Research Areas:||Business School > Economics and International Development|
|Citations on ISI Web of Science:||3|
|Deposited On:||19 Feb 2009 17:10|
|Last Modified:||03 Mar 2014 08:54|
Repository staff and depositor 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