Institutions, reform policies, and productivity growth in agriculture: evidence from former communist countries.
Rizov, Marian (2008) Institutions, reform policies, and productivity growth in agriculture: evidence from former communist countries. NJAS Wageningen Journal of Life Sciences, 55 (4). pp. 307-323. ISSN 1573-5214
Full text is not in this repository.
There are important differences among former communist countries in performance of their agricultural sectors that are commonly attributed to variation in inherent institutions and reform policy choices. In this paper the link between institutions, reforms and (labour) productivity growth in agriculture is analysed within an augmented neo-classical growth model framework derived from a production function. For the empirical analysis panel data over the transition period (1990–2001) were used that cover 15 former communist countries, applying a GMM-IV estimator. Estimation results strongly support the view that the shift to individual land use, measuring farm restructuring, as well as the overall economic reforms, supported by democratic institutions, have positively contributed to the (labour) productivity growth in former communist countries' agriculture.
|Research Areas:||A. Middlesex University Schools and Centres > Business School > Economics|
|Citations on ISI Web of Science:||2|
|Deposited On:||20 Feb 2009 13:37|
|Last Modified:||24 Nov 2014 14:00|
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