Land and market imperfections shape the organization of agricultural production and lead to differentproduction regimes within rural farm households in South Africa. This paper presents a theoretical modelto explain the presence of three main households groups (classes) determined on the basis...

The paper analyses the imperfections in output and factor markets in Kosovo that act as abarrier to farm commercialisation. On the one hand, agricultural households may not haveaccess to output market due to an underdeveloped downstream sector. On the other, localproducers might not be preferred...

Under perfect competition and constant returns to scale, firms producing homogeneous products set their prices at their marginal costs which also equal their average costs. However, the departure from these standard assumptions has important implications with respects to the derived theoretical...