Farm Restructuring In Kazakhstan: An Institutional Economics Approach
Broad institutional changes, which occurred after Kazakhstan separated from the Soviet Union in 1991, direct performance in the agricultural sector by either creating costs for farmers or shifting costs away. First, the new government called for mass decollectivization that resulted in the emergence of private farm governance structures that were neither financially viable nor efficient. Second, in 1995, a Land Code was established that introduced a system to demarcate collective and state farmland, yet land remains the property of the state. Third, bankruptcy legislation and a rural tax system were designed for the new private farm enterprises. These broad institutional changes resulted in an agricultural sector with high levels of transaction costs and uncertainty for farmers where barter trade predominates on the open market. The problems inherent in the farm restructuring process are largely institutional and therefore lend themselves well to being analyzed within an institutional framework.
|Date of creation:||2001|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: (517) 355-4563
Fax: (517) 432-1800
Web page: http://www.aec.msu.edu/agecon/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Englander, Ernest J., 1988. "Technology and Oliver Williamson's transaction cost economics," Journal of Economic Behavior & Organization, Elsevier, vol. 10(3), pages 339-353, October.
- Heiner, Ronald A, 1983. "The Origin of Predictable Behavior," American Economic Review, American Economic Association, vol. 73(4), pages 560-95, September.
- Williamson, Oliver E., 1987. "Transaction cost economics : The comparative contracting perspective," Journal of Economic Behavior & Organization, Elsevier, vol. 8(4), pages 617-625, December.
- Nellis, J., 1999. "Time to Rethink Privatization in Transition Economies?," Papers 38, World Bank - International Finance Corporation.
- Daniel W. Bromley, 1997. "Rethinking Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(5), pages 1383-1393.
- Peterson, H. Christopher & Robison, Lindon J. & Siles, Marcelo E., 1999. "The Social Capital Foundations Of Trust In Global Agri-Food System Transactions," Staff Papers 11490, Michigan State University, Department of Agricultural, Food, and Resource Economics.
- Robison, Lindon J. & Siles, Marcelo E., 2000. "Social Capital: Sympathy, Socio-Emotional Goods, And Institutions," Staff Papers 11819, Michigan State University, Department of Agricultural, Food, and Resource Economics.
- Stanfield, J. David, 1999. "Creation Of Land Markets In Transition Countries: Implications For The Institutions Of Land Administration," Working Papers 12764, University of Wisconsin-Madison, Land Tenure Center.
- Williamson, Oliver E, 1979. "Transaction-Cost Economics: The Governance of Contractural Relations," Journal of Law and Economics, University of Chicago Press, vol. 22(2), pages 233-61, October.
- Anonymous & Delehanty, James M. & Roth, Michael J., 1996. "Land And Agrarian Reform In The Kyrgyz Republic," Research Papers 12757, University of Wisconsin-Madison, Land Tenure Center.
- Stephen Jones, 1996. "Creating Markets: Food Policy and Agricultural Reform in the Transition," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(3), pages 810-814.
- Bromley, Daniel W., 1993. "Revitalizing the Russian food system: Markets in theory and practice," Choices, Agricultural and Applied Economics Association, vol. 8(4).
- Herbert A. Simon, 1991. "Organizations and Markets," Journal of Economic Perspectives, American Economic Association, vol. 5(2), pages 25-44, Spring.
When requesting a correction, please mention this item's handle: RePEc:ags:midaae:10949. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If references are entirely missing, you can add them using this form.