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A Study on Institutional Market and Natural Environment Impact on Agrarian Sustainability in Bulgaria

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  • Hrabrin BACHEV

    () (Institute of Agricultural Economics Bulgaria)

  • Dimitar TERZIEV

    () (University of National and World Economy Bulgaria)

Abstract

The specific system of governance is a critical factor which to a great extent pre determines the type and speed of development in different countries industries regions communities etc This article tries to fill the gap and assesses the impact of institutional environment on agrarian sustainability in Bulgaria The interdisciplinary New Institutional Economics framework is applied and assessment made on specific effects of major components of the external institutional environment on agrarian sustainability level in different administrative geographical and ecological regions subsectors of agriculture and farms of various juridical type and size Our study has found out that individual elements of external institutional market and natural environment affect quite unequally farms of different types individual subsectors of agriculture and specific ecological and geographical regions This type of studies is to be expended and their precision and representation increased The latter however requires a close cooperation between all interested parties and participation of the farmers agrarian organizations local and central authorities interest groups research institutes and experts etc

Suggested Citation

  • Hrabrin BACHEV & Dimitar TERZIEV, 2018. "A Study on Institutional Market and Natural Environment Impact on Agrarian Sustainability in Bulgaria," Journal of Advanced Research in Management, ASERS Publishing, vol. 9(3), pages 452-478.
  • Handle: RePEc:srs:jemt00:v:9:y:2018:i:3:p:452-478
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    Cited by:

    1. Bachev, Hrabrin & Ivanov, Bodjidar & Toteva, Dessislava, 2019. "Sustainability of agro-ecosystems in Bulgaria," MPRA Paper 93320, University Library of Munich, Germany.

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