 Does individualization help productivity of transition agriculture?Agricultural Economics, 2005, vol. 33, issue 2, 215-227 Abstract: 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. Date: 2005 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:bla:agecon:v:33:y:2005:i:2:p:215-227 Ordering information: This journal article can be ordered from Access Statistics for this article Agricultural Economics is currently edited by W.A. Masters and G.E. Shively More articles in Agricultural Economics from International Association of Agricultural Economists Contact information at EDIRC. |
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