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Efficiency of Farms and Agrarian Organizations

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  • Hrabrin Bashev

Abstract

This paper incorporates achievements of the New Institutional Economics and suggests a framework for assessing efficiency of farms and agrarian organizations. The new approach includes: study of farm and agrarian organizations as governing rather than production structure; assessment of comparative efficiency of alternative market, contract, internal, and hybrid modes of governance; analysis of level of transaction costs and their institutional, behavioral, dimensional, technological and natural factors; determination of criteria of farm efficiency and its effective boundaries; specification of economic role of government and needs for public interventions in agrarian sector; assessment of comparative efficiency of alternative forms of public involvement in agrarian sector.

Suggested Citation

  • Hrabrin Bashev, 2012. "Efficiency of Farms and Agrarian Organizations," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 46-77,78-10.
    • Handle: RePEc:bas:econth:y:2012:i:4:p:46-77,78-104
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    Citations

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    Cited by:

    1. Bachev, Hrabrin, 2022. "A framework for assessing the governance efficiency of agricultural farms," MPRA Paper 113696, University Library of Munich, Germany.
    2. Hrabrin Bachev & Nina Koteva, 2021. "The competitiveness of agricultural holdings in Bulgaria," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 3-26,27-48.
    3. Bachev, Hrabrin & Koteva, Nina & Ivanov, Bojidar & Mitova, Dilyana & Boevski, Ivan & Terziev, Dimitar & Dimova, Nadejda & Dimitrova, Reneta & Marinov, Petar & Zvyatkova, Daniela & Sarov, Angel & Koste, 2021. "Холистичен Подход За Дефиниране, Оценяване И Подобряване На Конкурентоспособността На Земеделските Стопанства В България [A holistic framework for defining, evaluating, and improving the competitiv," MPRA Paper 111498, University Library of Munich, Germany.
    4. Hrabrin Bachev, 2020. "Defining, analyzing and improving the governance of agroecosystem services," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 3-30,31-55.
    5. Bachev, Hrabrin, 2022. "Управленчески Форми За Снабдяване На Агро-Екосистемни Услуги От Земеделските Стопанства В България [Governance modes for the supply of agro-ecosystem services by agricultural farms in Bulgaria]," MPRA Paper 112847, University Library of Munich, Germany.
    6. Hrabrin Bachev, 2017. "Assessment of sustainability of agricultural farms of Natural Persons in Bulgaria," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 34-61,62-86.
    7. Hrabrin Bachev, 2018. "The impact of the institutional environment on agrarian sustainability in Bulgaria," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 3-32,33-60.

    More about this item

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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