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Framework for Analisis and Improvement of Agrarian Dynamics

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  • Bachev, Hrabrin

Abstract

In this paper we incorporate interdisciplinary New Institutional and Transaction Costs Economics (combining Economics, Organization, Law, Sociology, Behavioral and Political Sciences), and suggest a framework for analyzing and improvement of governance of socio-economics dynamic of agriculture. This new approach take into account: the role of specific institutional environment (formal and informal “rules of the game”, distribution of various rights between individuals, and systems of enforcement of rights and rules; behavioral characteristics of agents (preferences, bounded rationality, tendency for opportunism, risk aversion, trust); costs of governance and critical factors of transactions (uncertainty, frequency, asset specificity, and appropriability); comparative efficiency of market, private, public and hybrid modes of governance; efficiency of alternative modes for public intervention; complementarities between different modes; needs for multilateral and multilevel governance; technological and ecological factors.

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File URL: http://mpra.ub.uni-muenchen.de/19356/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 19349.

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Date of creation: Nov 2009
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Handle: RePEc:pra:mprapa:19349

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Keywords: governance of socio-economic dynamics and sustainable development; market; private; public and hybrid modes of governance; agrarian development;

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  1. Bachev, Hrabrin, 2009. "Governing of Agro-Ecosystem Services," MPRA Paper 15492, University Library of Munich, Germany.
  2. Bachev, Hrabrin Ianouchev & Nanseki, T., 2008. "Risk Governance in Bulgarian Dairy Farming," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 44136, European Association of Agricultural Economists.
  3. Hrabrin Bachev, 2005. "Efficiecy Of Agrarian Organisations," Microeconomics 0511002, EconWPA.
  4. Demsetz, Harold, 1969. "Information and Efficiency: Another Viewpoint," Journal of Law and Economics, University of Chicago Press, vol. 12(1), pages 1-22, April.
  5. Bachev, Hrabrin, 2008. "Governing of agrarian sustainability," MPRA Paper 7772, University Library of Munich, Germany.
  6. Hrabrin Bachev, 2005. "Framework For Assessing Sustainability Of Farms," Microeconomics 0511003, EconWPA.
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