Data/hora: 12/06/2024 17:02:35

Provedor de dados: | 31
País: | United States
Título: | Investment, and Contract Hold-Ups in Transition: Evidence from Hungary
Autores: | Gow,   Hamish R.; Swinnen,   Johan F.M.
Data: | 2006-05-25
Ano: | 2002
Palavras-chave: | Contracting; Hold-ups; Firm investment; Transition; Agricultural Finance.
Resumo: | This paper analyses empirically the effect of "hold-ups" on capital investment in farms using a sample of 318 Hungarian enterprises, surveyed over 1997. A negative relationship arises between capital investment and the incidence of hold-up behaviour. This relationship is affected by farm's wealth and liquidity position, the quality of legal enforcement of contracts, by whether farms have contracted sales to foreign processors, and whether they are established as successors to pre-reform organisations rather than start-up businesses.
Tipo: | Conference Paper or Presentation
Idioma: | Inglês

Identificador:

21620

http://purl.umn.edu/24853

Editor: | AgEcon Search

Relação:

European Association of Agricultural Economists&gt;2002 International Congress, August 28-31, 2002, Zaragoza, Spain

Contributed Paper

Formato:

16

application/pdf