The Choice of Farm Organization. A Hungarian Case

Imre Fertő and József Fogarasi

No 19463, 2005 Annual meeting, July 24-27, Providence, RI from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The literature on the agricultural transformation in Central an Eastern European countries usually neglect the investigation of organizational forms in agriculture. This paper is the first to analyze the choice of organization forms in transition agriculture employing transaction cost theory. The analysis is based on Hungarian FADN data in 2003. In general, our results do not support the theoretical predictions on the choice of farm organization, but confirm the differences in capital level and farm area observed in different farm organizations. The divergence between theory and empirics shed light on the importance of path dependency in explaining of farm organizations.

Keywords: Farm; Management (search for similar items in EconPapers)
Pages: 16
Date: 2005
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea05:19463

DOI: 10.22004/ag.econ.19463

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