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| Rizov, Marian. |
| This paper examines the production mode choices of rural households with an emphasis on the role of human capital in the agricultural transformation process. Farm restructuring in Central and Eastern Europe has resulted in a broad range of farm types, such as co-operatives, partnerships, individual farms and combinations of those. The fact that resources are allocated into different production organization modes is attributed to the utility maximization strategy of heterogeneous agents deriving income from uncertain sources in the face of absent or imperfect factor markets. Empirical results from a multinomial logit model estimated with data from two-year nation-wide survey of Romanian farm households support the hypothesis that the outcome of the... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Human capital; Production organization; Agricultural transition; Romania; Production Economics. |
| Ano: 2002 |
URL: http://purl.umn.edu/24925 |
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| Petrick, Martin; Carter, Michael R.. |
| Agricultural transition in the former Soviet Union has, surprisingly for many observers, not led to a widespread adoption of individual farming. This article attempts to understand some previously neglected forces behind this outcome. It develops a theoretical model of farm restructuring in which managers exploit the preferences of workers for conformity within a social reference group to cement their own power. The model provides a rationale for the persistent support among workers and managers to the status-quo organisation, despite the availability of a more efficient individual farming option. Based on empirical evidence, we argue that managers have an incentive to keep horizons of workers limited by sheltering them from pro-reform influences. Polar... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Agricultural transition; Former Soviet Union; Social interaction effects; Farm restructuring.; Farm Management. |
| Ano: 2007 |
URL: http://purl.umn.edu/7788 |
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