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Institutions, exchange and firm growth: evidence from Bulgarian agriculture

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  • Kristine Van Herck
  • Nivelin Noev
  • Johan F.M. Swinnen

Abstract

The transition from a centrally planned to a more market-oriented economy provides a natural experiment on the role of institutions and exchange in economic development, and more specifically on firm growth. This paper uses survey data from Bulgaria to analyse the impact of exchange problems and institutional innovations on farm growth. Late payments have a negative influence on farm growth, while contracting with interlinked programmes has a positive effect on farm growth. , Oxford University Press.

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File URL: http://hdl.handle.net/10.1093/erae/jbr033
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Bibliographic Info

Article provided by Foundation for the European Review of Agricultural Economics in its journal European Review of Agricultural Economics.

Volume (Year): 39 (2012)
Issue (Month): 1 (February)
Pages: 29-50

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Handle: RePEc:oup:erevae:v:39:y:2012:i:1:p:29-50

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Cited by:
  1. Vandeplas, Anneleen, 2011. "Multinationals or Cooperatives: Does it Matter to Farmers? - A Study of the Dairy Sector in Punjab (India)," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 115545, European Association of Agricultural Economists.
  2. Ferto, Imre, 2012. "Contract enforcement in Hungarian agri-food chain: the case of small and medium enterprises," 86th Annual Conference, April 16-18, 2012, Warwick University, Coventry, UK 134956, Agricultural Economics Society.
  3. Curtiss, Jarmila, 2012. "Determinants of Financial Capital Use: Review of theories and implications for rural businesses," Factor Markets Working Papers 123, Centre for European Policy Studies.

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