Assessment of Sustainability of Bulgarian Farms
AbstractThe New Institutional and Transaction Costs Economics framework is incorporated to transitional Bulgarian agriculture, and level of sustainability of dominating subsistent farming, production cooperatives, small-scare commercial farms, and large agro-firms assessed. New framework for assessing sustainability of farms and for governing of sustainable development is suggested taking into account: role of specific institutional environment, comparative efficiency of various market, private, public and hybrid governing modes, transaction costs and critical factors (frequency, uncertainty, asset specificity, and appropriability) of farm transactions. Analysis of sustainability of different types of Bulgarian farms is made, and further domination of subsistence farming, cooperatives, large agrofirms, and some part of small commercial farms projected.
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Bibliographic InfoPaper provided by European Association of Agricultural Economists in its series 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark with number 24739.
Date of creation: 2005
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- Bachev, Hrabrin, 2008. "Governance of Bulgarian Farming," MPRA Paper 7818, University Library of Munich, Germany.
- Bachev, Hrabrin, 2012. "Competitiveness of Bulgarian Farms in Conditions of EU CAP Implementation," MPRA Paper 41657, University Library of Munich, Germany.
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