Abstract
The importance of family farms in Central and Eastern European agriculture during the transition has been more limited than was initially expected. In this paper a framework is developed in order to analyse the behaviour of family farms and corporate farms in the presence of risk, given the typical post-socialist environment. Management incentives, ownership structure, financial transfers and consumption-production linkages are shown to have the potential to limit the size of family farms relative to corporate farms. The hypotheses are tested with survey data from the Czech Republic. It appears plausible that risk limits the extent of structural change in transitional agriculture.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
