The connection between the form of ownership and the activeness of the capital assets renewal in agriculture

Abstract

The debate about what type of property — state, private, cooperative — is more efficient for production has not ceased since the late 80s - early 90s of the last century. Apparently, it cannot be solved outside the context of the industry, management, the size of the enterprise, and some other signs of production. In agriculture, the private ownership on main means of production is not uniquely preferable to stimulate their renewal over the state and cooperative without certain (explicit or hidden) preferences by the state. It, like other forms of ownership, is preferable only for a certain size, type, and industry, as well as prevailing social relations, which directly or indirectly provide various kinds of preferences to business entities with a private form of ownership. The article attempts to resolve this issue not theoretically, as it is done in most works, but on the basis of empirical data in the context of capital assets renewal and technical and technological modernization in agriculture.