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Structural Social Capital And Economic Performance: Findings Of Empirical Farm Data In The Czech Republic


  • Wolz, Axel
  • Fritzsch, Jana
  • Pencakova, Jitka


With the change of the political regime in Central and Eastern Europe, both managers of corporate farms and newly established private farmers had to adjust to the rules of the market economy. Among both groups, some are economically more successful than others. 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 analyzed in this paper. Based on the findings of a survey among a sample of 62 farms in the Czech Republic it can be shown by adopting factor and multiple regression analysis that social capital is indeed a significant factor determining the level of agricultural income.

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  • Wolz, Axel & Fritzsch, Jana & Pencakova, Jitka, 2006. "Structural Social Capital And Economic Performance: Findings Of Empirical Farm Data In The Czech Republic," 46th Annual Conference, Giessen, Germany, October 4-6, 2006 14956, German Association of Agricultural Economists (GEWISOLA).
  • Handle: RePEc:ags:gewi06:14956

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    References listed on IDEAS

    1. Quick, R., 1996. "Die Risiken der Jahresabschlusspr├╝fung," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 67737, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    2. Gabriele Jahn & Matthias Schramm & Achim Spiller, 2005. "The Reliability of Certification: Quality Labels as a Consumer Policy Tool," Journal of Consumer Policy, Springer, vol. 28(1), pages 53-73, December.
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