Changes in the rural labour market, especially the increase of rural non-farm employment are recognised as one dimension of structural change. Labour allocation decisions are driven by economic incentives such as wage differentials, but also non-economic motives may play a decisive role. This...

We examine the competitiveness of Hungarian agriculture in relation to that of the EU, based on four indices of revealed comparative advantage, for the period 1992 to 1998. Consistency tests suggest that the indices are less satisfactory as cardinal and ordinal measures, but are useful in...

The agriculture is traditional risky business, but in transition countries agricultural producers should face some additional difficulties. The agri-food chains are still suffering from underdeveloped market institutions creating severe barriers for price discovery and high transaction costs to...

This paper investigates the competitiveness of Hungarian agriculture in relation to that of the EU employing four indices of revealed comparative advantage, for the period 1992 to 1998. Consistency tests implies that the indices are less satisfactory as cardinal measures, but are useful in...

We hypothesize a reciprocal causation between crop insurance use and the economic performance of farms in an environment characterized by imperfect financial markets and farms’ budget constraints. To test our hypothesis, we apply a system of simultaneous equations consisting of economic...

The article investigates the investment and financial constraints for French, Hungarian and Slovenian farms using FADN panel data with different econometric estimation approaches. Farm gross investment is positively associated with real sales growth and cash flow implying the absence of soft...

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...