A methodological approach to evaluating horizontal and vertical integration in agriculture in Eastern Europe and the Soviet Union

Paul Wiedemann

European Review of Agricultural Economics, 1980, vol. 7, issue 2, 177-184

Abstract: A methodology is outlined for the evaluation of horizontal and vertical integration in socialist agriculture in Eastern Europe and the Soviet Union in terms of a comparison between the volume of production attained after the integration process was carried out and that which would have been attained without further integration. The procedure proposed is based on exponential smoothing forecasting to which adjustments are made for changes in factor inputs via a micro-economic production function. A practical application for Bulgaria is reported. The results of the exponential smoothing plus production function analysis accord with those obtained by traditional evaluation procedures.

Date: 1980
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