Why Are Companies Disappearing in Transitional Agriculture? Evidence from Lithuania
AbstractIn most transition economies, agricultural reforms have led to the emergence of family farms and household food production and to the decline of corporate farms. This study explores the extent of that trend for the case of Lithuania based on secondary information and primary survey data. The structure of corporate farms and links to the economic environment are explored. Specific hypotheses on the reasons for the profitability crisis in corporate farms are developed and tested. The paper concludes with a critical discussion of current changes in farm structures in the transition economies.
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Bibliographic InfoPaper provided by EconWPA in its series Development and Comp Systems with number 0304001.
Length: 28 pages
Date of creation: 03 Apr 2003
Date of revision:
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transition; agriculture; enterprise restructuring; survey data; ordered probit model;
Find related papers by JEL classification:
- Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
- R20 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - General
- O12 - Economic Development, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
- O18 - Economic Development, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
This paper has been announced in the following NEP Reports:
- NEP-ALL-2003-04-09 (All new papers)
- NEP-DCM-2003-04-09 (Discrete Choice Models)
- NEP-GEO-2003-04-09 (Economic Geography)
- NEP-TRA-2003-04-09 (Transition Economics)
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