IDEAS home Printed from https://ideas.repec.org/p/zbw/iamodp/14935.html
   My bibliography  Save this paper

Social capital, transition in agriculture, and economic organisation: a theoretical perspective

Author

Listed:
  • Valentinov, Vladislav

Abstract

Social capital is defined as the shared knowledge, trust, and culture, embodied in the structural forms of networks and other stable inter-agent relationships. Social capital has been shown to be more difficult to build than economic capital, and to have greater beneficial effects for community as a whole. The relevance of the social capital concept for transitional agenda is explained by the increasing responsibility of private collective action and grass-roots decisions in managing the business activities in agriculture, since this is required by the more democratic foundations of the market economy. Different forms of business organisations are shown to be differentially but consistently associated with social capital, with the major social capital dependent organisational form being the cooperative. The growing complexity of inter-agent relations (particularly in transitional context) causes the increasing amount of economic responsibility being transferred from authority-based to social capital-based forms of economic organisation, i.e. from markets and hierarchies, based mainly on economic capital, to networks with their primary accent on social capital. The social capital-based organisation in agriculture is particularly important in view of its industry-specific limitations and is represented mainly by cooperatives and farmers' associations. The optimal role of the government is to invest in social capital in order to enable rural communities to solve their problems by means of private collective action (self-organisation), rather than attempt to substitute the latter.

Suggested Citation

  • Valentinov, Vladislav, 2003. "Social capital, transition in agriculture, and economic organisation: a theoretical perspective," IAMO Discussion Papers 53, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
  • Handle: RePEc:zbw:iamodp:14935
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/28558/1/387799346.pdf
    Download Restriction: no

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Fragkandreas, Thanos & Larsen, Karin, 2009. "Social Capital and Economic Performance: some lessons from Farm Partnerships in Sweden," MPRA Paper 17916, University Library of Munich, Germany.

    More about this item

    Keywords

    social capital; agricultural cooperative; economic organisation; Sozialkapital; Agrargenossenschaft; ökonomische Organisation;

    JEL classification:

    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • P31 - Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:iamodp:14935. 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: (ZBW - German National Library of Economics). General contact details of provider: http://edirc.repec.org/data/iamoode.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.