East German Agriculture - Changing to a Market Economy

Istvan Heinrich

No 346248, 9th Congress, Budapest, Hungary, 1993 from International Farm Management Association

Abstract: Following the monetary union of the formerly two Germanys, the relative backwardness of East German agriculture has "produced" losses in most of the sectors. But it is also true that since unification, the transformation of the ownership structure has been much faster than in other Central- and Eastern-European countries. The \ latest data on the Eastern territories shows that 25 percent of the agricultural land is cultivated by small, individual farmers; 44 percent by "new type"-cooperatives, and 31 percent by larger, legal entities. Based on factual data of 1991/92, small, or family farms, who work on average 114 hectares produced 46,000 German Mark gross profit per employee. Partnerships - working on average 328 Ha - generated 55,000 DM gross profit per employee, while bigger companies, legal entities - farming on average 1717 Ha - showed only 23,000 DM gross profit per worker - before taxes.

Keywords: Agricultural; and; Food; Policy (search for similar items in EconPapers)
Pages: 21
Date: 1993
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ifma93:346248

DOI: 10.22004/ag.econ.346248

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