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Assessment Of Sustainability Of Bulgarian Farms

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  • Hrabrin Bachev

    (Institute of Agricultural Economics, Sofia, Bulgaria)

Abstract

The 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 agro-firms, and some part of small commercial farms projected.

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File URL: http://128.118.178.162/eps/dev/papers/0511/0511007.pdf
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Bibliographic Info

Paper provided by EconWPA in its series Development and Comp Systems with number 0511007.

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Date of creation: 06 Nov 2005
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Handle: RePEc:wpa:wuwpdc:0511007

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Web page: http://128.118.178.162

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Keywords: assessment of sustainability of farms; governing of agrarian sustainability; sustainability of Bulgarian farms;

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Cited by:
  1. Bachev, Hrabrin, 2008. "Governance of Bulgarian Farming," MPRA Paper 7818, University Library of Munich, Germany.
  2. 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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