Social capital matters, not the least in determining individual welfare. It is argued that it functions similar to traditional production factors. However, there are not many empirical analyses about this issue at the farm-household level in general and in post-communist countries in particular....

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...

The change of the economic system from the socialist central planning system to the market economy required the reorganisation not only of agricultural production, but also of the organisations supporting it. In the Czech Republic, agricultural production is characterised by a dualistic...

Private farming is the dominant mode of agricultural production in most European countries. Not all farmers are equally successful, economically, which is usually explained by different levels of production factors, i.e. land, labour and capital. This article analyses whether social capital is...