Variations in Farm Performance in Transitional Economies :Evidence from the Czech Republic

Davidova, Sophia M. and Gorton, Matthew and Iraizoz, Belen and Ratinger, Tomas (2003) Variations in Farm Performance in Transitional Economies :Evidence from the Czech Republic. Journal of Agricultural Economics, 54 (2). pp. 227-254. ISSN 0021-857X . (Access to this publication is restricted)

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http://dx.doi.org/10.1111/j.1477-9552.2003.tb00061...

Abstract

This paper revisits the literature on farm restructuring in the CEECs by analysing the variations in farm performance in the Czech Republic a decade after the start of the transition process. It identifies 7 clusters of farms that differ in their productivity and profitability using data from 1998 and 1999. The analysis reveals that the vast majority of farms are unprofitable, and there is no strong evidence that individual farms perform better than corporate farms. In fact, there are large numbers of individual farms that are loss-making on their agricultural activity with low factor productivity. Producer co-operatives and limited liability companies suffer from debts inherited from the reform process. Future restructuring is likely to occur in all clusters rather than affecting just corporate farms.

Item Type: Article
Projects: [45] IDARA project, QLRT-1999-1526
Subjects: H Social Sciences
Divisions: Faculties > Social Sciences > Kent Business School > Agri-Environment Economics
Depositing User: Sophia Davidova
Date Deposited: 15 Sep 2008 10:56
Last Modified: 02 May 2014 13:49
Resource URI: http://kar.kent.ac.uk/id/eprint/8782 (The current URI for this page, for reference purposes)
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