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| Jongeneel, Roelof A.; Slangen, Louis H.G.. |
| Although still the family farm is the dominant farm type there are changes in the legal mode of organization. Applying the new institutional economics and economic organisation theory the different organisation modes are explained, mainly in terms of control and income rights. Important factors are (limited) liability, risk-bearing costs, transaction costs, and residual control and income rights. This is subsequently applied to Dutch agriculture, taking into account its special characteristics. In an empirical follow-up, based on a sample of all the farmers in the Netherlands, the farmers attitudes and the farm advisory network are analysed. Finally, farm types are explained using bivariate logit analysis, taking into account attitudinal, advisory-network... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Farm organization; Ownership and management; Liability; Risk; Residual control and income rights; Attitudes; Advisory network; Industrial Organization. |
| Ano: 2005 |
URL: http://purl.umn.edu/24441 |
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| Jongeneel, Roelof A.; Polman, Nico B.P.; Slangen, Louis H.G.. |
| Although the family farm remains the dominant organisational form for farms there are changes in the legal mode of organisation. Applying the new institutional economics and economic organisation theory the different organisation modes are explained, mainly in terms of control and income rights. Important factors are (limited) liability, risk-bearing costs, transaction costs, and residual control and income rights. In an empirical follow-up, based on a sample among 3100 farmers in the Netherlands, the impact of farmers' attitudes, farm advisory network, and structural variables on organisation choice are analysed. Especially the financial advisors appear to play a significant role in the choice of organisation mode. Other factors are age, branche... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Farm organisation; Ownership and management; Liability; Risk; Residual control and income rights; Attitudes; Advisory network; Farm Management; Industrial Organization; Q12. |
| Ano: 2005 |
URL: http://purl.umn.edu/24526 |
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