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With the change of the political regime in Central and Eastern Europe, both managers of corporate farms and newly established private farmers had to adjust to the rules of the market economy. Among both groups, some are economically more successful than others. In general, a varying adoption of...
Persistent link: https://www.econbiz.de/10005310632
Private farming is the dominant mode of agricultural production in most European countries. Not all farmers are equally successful, economically. In this paper it is analysed whether social capital is an important factor contributing to higher agricultural incomes. Based on the findings of a...
Persistent link: https://www.econbiz.de/10005801234
Although interest in the structure and relational features of social capital and its underlying networks has grown since the early 1990s, the terms do not embody any ideas that are really new to sociologists, but are indeed rather new to economists. Until the 1950s, land, labour, and financial...
Persistent link: https://www.econbiz.de/10008490030
In the Czech Republic, agricultural production is still dominated by corporate farms. Private farms have been established since the change of the political regime, but their role is not that relevant as originally anticipated. Among both groups, some have been economically more successful than...
Persistent link: https://www.econbiz.de/10005525301
Social capital matters in determining a person’s or a family’s material well-being. It is argued that social capital functions similar to the traditional production factors. However, there are not many empirical analyses looking into this hypothesis at the farm-household level in...
Persistent link: https://www.econbiz.de/10011142781