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The Choice of Farm Organisation. A Hungarian Case

Imre Fertő and József Fogarasi

No 24420, 94th Seminar, April 9-10, 2005, Ashford, UK from European Association of Agricultural Economists

Abstract: The literature on the agricultural transformation in Central an Eastern European countries usually neglect the investigation of organisational forms in agriculture. This paper is the first to analyse the choice of organisation 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 organisation, but confirm the differences in capital level and farm area observed in different farm organisations. The divergence between theory and empirics shed light on the importance of path dependency in explaining of farm organisations.

Keywords: Farm; Management (search for similar items in EconPapers)
Pages: 11
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:ags:eaae94:24420

DOI: 10.22004/ag.econ.24420

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