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Registros recuperados: 11 | |
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Davidova, Sophia; Latruffe, Laure; Ratinger, Tomas. |
The paper analyses the relationship between the financial structure of the different institutional units in the Czech Republic and their performance, by testing several theoretical hypotheses. It employs Data Envelopment Analysis to estimate separately corporate and individual farms' technical efficiency, and investigates the effect of indebtedness on efficiency in a second stage, accounting for potential endogeneity. No substantial differences were detected between individual and corporate farms. For both groups higher long-term indebtedness negatively affects farm performance (agency theory and adjustment hypothesis), while the latter is used for appraising loan applications (credit evaluation). Case studies to banks and farms confirmed these findings. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Corporate farms; Credit; Czech Republic; Individual farms; Technical efficiency; Agribusiness. |
Ano: 2005 |
URL: http://purl.umn.edu/24421 |
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Latruffe, Laure; Davidova, Sophia; Blaas, Gejza. |
The newly emergent landowners in the 1990s left their land in the corporate farms due to the low level of farm profitability and the high risk in the general economic environment. The accession to the EU and the introduction of the CAP Single Area Payment (SAP) could induce incentives to landowners to withdraw their land if they are not satisfied with the level of rent. The negotiations between the corporate farm managers and the landowners concerning the rent level have been conceptualised as a simple two-player one-shot game. Overall conclusion is that although the SAP might induce more landowners to ask for a rent increase, it is unlikely that they will massively withdraw their land from the corporate farms. However, financially constrained farms might... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Corporate farms; Land rent; Single farm payment; Slovakia; Agricultural and Food Policy; Farm Management. |
Ano: 2007 |
URL: http://purl.umn.edu/7799 |
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Wolz, Axel; Fritzsch, Jana; Pencakova, Jitka. |
With the change of the political regime in Central and Eastern Europe, both managers of corporate farms and newly established private farmers had to adjust to the rules of the market economy. Among both groups, some are economically more successful than others. In general, a varying adoption of production factors is identified as being of influence. Whether their ability to collaborate with other farms is an additional factor which has been discussed under the concept of social capital since quite some time will be analyzed in this paper. Based on the findings of a survey among a sample of 62 farms in the Czech Republic it can be shown by adopting factor and multiple regression analysis that social capital is indeed a significant factor determining the... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Corporate farms; Private farms; Social capital; Cross sectional models; Czech Republic; Farm Management. |
Ano: 2006 |
URL: http://purl.umn.edu/14956 |
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Wolz, Axel; Fritzsch, Jana; Pencakova, Jitka. |
The change of the political regime from the socialist central planning system to a market economy and pluralistic society required the reorganisation not only of agricultural production, but also of the organisations in their support. In the Czech Republic, agricultural production is characterised by a dualistic structure in these days, i.e. private farmers on the one side and corporate farms on the other. However, among both groups some had been economically more successful than others. In general, a varying adoption of production factors, i.e. land, labour and capital is identified as being of influence. Whether their ability to collaborate with other farms is an additional factor, which has been discussed under the concept of social capital since quite... |
Tipo: Working or Discussion Paper |
Palavras-chave: Corporate farms; Private farms; Social capital; Cross sectional models; Czech Republic; Landwirtschaftliche Großbetriebe; Familienbetriebe; Sozialkapital; Tschechische Republik; Agribusiness; Community/Rural/Urban Development; Farm Management; Industrial Organization; Institutional and Behavioral Economics; International Development; Political Economy; C31; P32; Q12; Z13. |
Ano: 2006 |
URL: http://purl.umn.edu/91965 |
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Registros recuperados: 11 | |
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