This paper analyses the efficiency effects of the farm restructuring process in Central and Eastern Europe. We develop a theoretical model on how reforms, which are typically implemented in the process of the transition of a communist system to a market economy, would affect production...

The dramatic transition from Communism to market economies across Asia and Europe started in the Chinese countryside in the 1970s. Since then more than a billion of people, many of them very poor, have been affected by radical reforms in agriculture. However, there are enormous differences in...