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Institutions, reform policies, and productivity growth in agriculture: Evidence from former communist countries

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  • Rizov, Marian

Abstract

There are important differences among former communist countries in performance of their agricultural sectors that are commonly attributed to variation in inherent institutions and reform policy choices. In this paper the link between institutions, reforms and (labour) productivity growth in agriculture is analysed within an augmented neo-classical growth model framework derived from a production function. For the empirical analysis panel data over the transition period (1990–2001) were used that cover 15 former communist countries, applying a GMM-IV estimator. Estimation results strongly support the view that the shift to individual land use, measuring farm restructuring, as well as the overall economic reforms, supported by democratic institutions, have positively contributed to the (labour) productivity growth in former communist countries’ agriculture.

Suggested Citation

  • Rizov, Marian, 2008. "Institutions, reform policies, and productivity growth in agriculture: Evidence from former communist countries," EconStor Open Access Articles, ZBW - Leibniz Information Centre for Economics, pages 307-323.
  • Handle: RePEc:zbw:espost:193910
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    References listed on IDEAS

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    More about this item

    Keywords

    Institutions; Reform policies; agriculture; productivity; growth; transition;

    JEL classification:

    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy
    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment

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