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Why Are Companies Disappearing in Transitional Agriculture? Evidence from Lithuania

Author

Listed:
  • Dirk J.Bezemer

    (Imperial College, University of London;Overseas Development Institute, London)

  • Donatas Stanikunas

    (Lithuanian Institute of Agrarian Economics)

  • Romualdas Zemeckis

    (Lithuanian Institute of Agrarian Economics)

Abstract

In most transition economies, agricultural reforms have led to the emergence of family farms and household food production and to the decline of corporate farms. This study explores the extent of that trend for the case of Lithuania based on secondary information and primary survey data. The structure of corporate farms and links to the economic environment are explored. Specific hypotheses on the reasons for the profitability crisis in corporate farms are developed and tested. The paper concludes with a critical discussion of current changes in farm structures in the transition economies.

Suggested Citation

  • Dirk J.Bezemer & Donatas Stanikunas & Romualdas Zemeckis, 2003. "Why Are Companies Disappearing in Transitional Agriculture? Evidence from Lithuania," Development and Comp Systems 0304001, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpdc:0304001
    Note: Type of Document - WordPerfect; prepared on Dell PC; pages: 28. thanks for posting!
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    More about this item

    Keywords

    transition; agriculture; enterprise restructuring; survey data; ordered probit model;
    All these keywords.

    JEL classification:

    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    • R20 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - General
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure

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