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This paper offers an economic analysis of the intra-family insurance aspect of farm transfer. Sharing of farm income by retired parents with their succeeding children may act like a pension fund. A theoretical model is adopted and a bargaining game suggested to formulate this inter-generational...
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Direct commands, market based, or combined, whichever is the government's mean of intervention, is expected to raise political lobbying and pressure. This study offers a political-economic model of an industry, which is regulated by an integrated system of both direct and market based policies....
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The paper reviews agricultural development in the fifteen former Soviet republics over the period 1965-1997. Production functions are estimated and productivity differences and changes calculated. Large differences were found in terms of productivity and growth between the republics. The...
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