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Institutions, exchange and firm growth: evidence from Bulgarian agriculture

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  • Kristine Van Herck
  • Nivelin Noev
  • Johan F.M. Swinnen

Abstract

The transition from a centrally planned to a more market-oriented economy provides a natural experiment on the role of institutions and exchange in economic development, and more specifically on firm growth. This paper uses survey data from Bulgaria to analyse the impact of exchange problems and institutional innovations on farm growth. Late payments have a negative influence on farm growth, while contracting with interlinked programmes has a positive effect on farm growth. , Oxford University Press.

Suggested Citation

  • Kristine Van Herck & Nivelin Noev & Johan F.M. Swinnen, 2012. "Institutions, exchange and firm growth: evidence from Bulgarian agriculture," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 39(1), pages 29-50, February.
  • Handle: RePEc:oup:erevae:v:39:y:2012:i:1:p:29-50
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    Cited by:

    1. Squicciarini, Mara P. & Vandeplas, Anneleen & Janssen, Emma & Swinnen, Jo, 2017. "Supply chains and economic development: Insights from the Indian dairy sector," Food Policy, Elsevier, vol. 68(C), pages 128-142.
    2. Vandeplas, Anneleen, 2011. "Multinationals or Cooperatives: Does it Matter to Farmers? - A Study of the Dairy Sector in Punjab (India)," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 115545, European Association of Agricultural Economists.
    3. Swinnen Johan & Vandeplas Anneleen, 2012. "Rich Consumers and Poor Producers: Quality and Rent Distribution in Global Value Chains," Journal of Globalization and Development, De Gruyter, vol. 2(2), pages 1-30, January.
    4. Curtiss, Jarmila, 2012. "Determinants of Financial Capital Use: Review of theories and implications for rural businesses," Factor Markets Working Papers 123, Centre for European Policy Studies.
    5. Bobojonov, Ihtiyor & Teuber, Ramona & Oshakbayev, Dauren & Glauben, Thomas, 2015. "Agrifood sector transformation and its implications on development of small farmers in Kazakhstan," 2015 Conference, August 9-14, 2015, Milan, Italy 211357, International Association of Agricultural Economists.
    6. Van Herck, Kristine & Swinnen, Johan F.M. & Deconinck, Koen, 2012. "How the East Was Won: Supply Chain Restructuring in the Eastern European Beer Market," Journal of International Agricultural Trade and Development, Journal of International Agricultural Trade and Development, vol. 61(4).
    7. Ferto, Imre, 2012. "Contract enforcement in Hungarian agri-food chain: the case of small and medium enterprises," 86th Annual Conference, April 16-18, 2012, Warwick University, Coventry, UK 134956, Agricultural Economics Society.
    8. Johan Swinnen & Kristine Van Herck, 2012. "Food Security: Challenges and Opportunities for Eastern Europe and Central Asia," Asian Journal of Agriculture and Development, Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA), vol. 9(1), pages 37-52, June.
    9. Jan Fałkowski & Agata Malak-Rawlikowska & Dominika Milczarek-Andrzejewska, 2013. "Determinants and Consequences of Participating in a Restructured Supply Chain: the Experience of the Dairy Sector in Poland," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 34.
    10. Tuna, Emelj & Karantininis, Konstantinos & Surry, Yves, 2014. "To contract or not in the food sector of transition economies? Evidence from the dairy sector in FYROM," 2014 International Congress, August 26-29, 2014, Ljubljana, Slovenia 182860, European Association of Agricultural Economists.
    11. Curtiss, Jarmila, 2012. "Determinants of Financial Capital Use: Review of theories and implications for rural businesses," Working Papers 122846, Factor Markets, Centre for European Policy Studies.

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