Why Are Companies Disappearing in Transitional Agriculture? Evidence from Lithuania

Dirk Bezemer (), Donatas Stanikunas and Romualdas Zemeckis
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Donatas Stanikunas: Lithuanian Institute of Agrarian Economics
Romualdas Zemeckis: Lithuanian Institute of Agrarian Economics

Development and Comp Systems from EconWPA

Abstract: In most transition economies, agricultural reforms have led to the emergence of family farms and household food production and to the decline of corporate farms. This study explores the extent of that trend for the case of Lithuania based on secondary information and primary survey data. The structure of corporate farms and links to the economic environment are explored. Specific hypotheses on the reasons for the profitability crisis in corporate farms are developed and tested. The paper concludes with a critical discussion of current changes in farm structures in the transition economies.

Keywords: transition; agriculture; enterprise restructuring; survey data; ordered probit model (search for similar items in EconPapers)
JEL-codes: Q12 R20 O12 O18 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dcm, nep-geo and nep-tra
Date: 2003-04-03
Note: Type of Document - WordPerfect; prepared on Dell PC; pages: 28. thanks for posting!

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