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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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| Ferto, Imre; Fogarasi, Jozsef. |
| The literature on the agricultural transformation in Central an Eastern European countries usually neglect the investigation of organisational forms in agriculture. This paper is the first to analyse the choice of organisation forms in transition agriculture employing transaction cost theory. The analysis is based on Hungarian FADN data in 2003. In general, our results do not support the theoretical predictions on the choice of farm organisation, but confirm the differences in capital level and farm area observed in different farm organisations. The divergence between theory and empirics shed light on the importance of path dependency in explaining of farm organisations. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Transition agriculture; Farm organisation; Family farm; Farm Management. |
| Ano: 2005 |
URL: http://purl.umn.edu/24420 |
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