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The Impact Of Market, Private, Collective And Hybrid Modes Of Governance On Agrarian Sustainability In Bulgaria

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  • Hrabrin BACHEV

    (Institute of Agricultural Economics)

Abstract

The specific governance systems in different countries, regions, sectors, etc., are a factor which largely (pre)determines the rate and type of socioeconomic development. Despite its tremendous theoretical and practical significance, little empirical research has been conducted in Bulgaria, and south Eastern countries in general, of the dominant governance structures in agriculture and their impact on agrarian sustainability. The aim of this study is to adapt the interdisciplinary New institutional economics and to assess the impact which the different modes of governance (market, private, collective, public and hybrid) have upon agrarian sustainability at the current stage of development of our country. The study first presents the methodology of the research. Next, typical governance modes are identified that are employed by Bulgarian farms of different legal type, size, production specialization, environmental position and geographical location, the impact of those governance modes on agrarian sustainability in its economic, social and environmental aspects. In conclusion, recommendations are made about conducting further research and improving public policies and private governance strategies. Agricultural producers employ various combinations of efficient market, private, collective and hybrid modes of governance in their activity and relationships. The factors and modes which contribute the most to raising agrarian sustainability at this stage are: managers’ confidence and initiatives; economic resources and innovation potential; a short-term profit and gains strategy; price level and dynamics; EU payments per area, and informal agreements. The research of the relationship between governance structures and agrarian sustainability should continue further to improve its representativeness and enlarge the scope of the specific modes of governance which farms of different types employ, to assess the impact of institutions upon agrarian sustainability and the effect of governance at different hierarchical levels. The latter, however, requires employing a new type of micro and macro data and close cooperation between different stakeholders.

Suggested Citation

  • Hrabrin BACHEV, 2018. "The Impact Of Market, Private, Collective And Hybrid Modes Of Governance On Agrarian Sustainability In Bulgaria," Economics 21, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 2 Year 20, pages 124-165.
  • Handle: RePEc:dat:econ21:y:2018:i:2:p:124-165
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    File URL: http://hdl.handle.net/10610/4027
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    References listed on IDEAS

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    1. Hrabrin Bachev, 2011. "Needs, Modes and Efficiency of Economic Organizations and Public Interventions in Agriculture," Review of Economics & Finance, Better Advances Press, Canada, vol. 1, pages 89-103, June.
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    More about this item

    Keywords

    agrarian governance; sustainability; market; private; collective; hybrid modes;

    JEL classification:

    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
    • L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation

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