Decline of Corporate Enterprises in Transitional Agriculture: Evidence from Lithuania

Dirk J Bezemer (), Donatas Stanikunas and Romualdas Zemeckis
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Dirk J Bezemer: Department of Economics, University of Groningen, The Netherlands.
Donatas Stanikunas: Lithuania Institute of Agrarian Economics, V.Kudirkos 18, LT-2600, Vilnius, Lithuania
Romualdas Zemeckis: Lithuania Institute of Agrarian Economics, V.Kudirkos 18, LT-2600, Vilnius, Lithuania

Comparative Economic Studies, 2006, vol. 48, issue 1, 156-182

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 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. Comparative Economic Studies (2006) 48, 156–182. doi:10.1057/palgrave.ces.8100146

Date: 2006
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