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The Impact of Social Capital on Agricultural Income Among Corporate Farms in the Czech Republic

Author

Listed:
  • Wolz, Axel
  • Fritzsch, Jana
  • Reinsberg, Klaus

Abstract

In the Czech Republic, agricultural production is still dominated by corporate farms. However, not all of them had been equally successful, economically. In general, a varying adoption of production factors is identified as being of influence. Whether their ability to collaborate with other farms is an additional factor which has been discussed under the concept of social capital since quite some time will be analysed in this paper. Based on the findings of a survey among a sample of 166 corporate farms by adopting factor and multiple regression analysis it can be deduced that social capital is indeed a significant factor determining the level of agricultural income.

Suggested Citation

  • Wolz, Axel & Fritzsch, Jana & Reinsberg, Klaus, 2005. "The Impact of Social Capital on Agricultural Income Among Corporate Farms in the Czech Republic," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24695, European Association of Agricultural Economists.
  • Handle: RePEc:ags:eaae05:24695
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    File URL: http://purl.umn.edu/24695
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    More about this item

    Keywords

    corporate farms; social capital; cross sectional models; Czech Republic; Agribusiness; Institutional and Behavioral Economics; C31; P32; Q12; Z13;

    JEL classification:

    • C31 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
    • P32 - Economic Systems - - Socialist Institutions and Their Transitions - - - Collectives; Communes; Agricultural Institutions
    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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