Labor markets in all economies are subject to transaction costs associated with recruiting, monitoring and supervising workers. Rural labor markets in developing economies, where institutions such as labor and contract law and formal employment assistance mechanisms are not in place, are...

This paper investigates the impact of labour force composition on productivity in EU arable farming. We test for heterogeneous effects of family and hired labour for a set of five EU member states. To this end, we estimate augmented production functions using FADN data for the years 2001-2008....

Following formal privatisation of farm land and assets in CentralEurope, the change in agriculturalproduction structures has been both more limited and different thanwas initially expected. In this paper, thetheoretical reasons underlying those expectations are reviewed. Analternative...

Risks management studies in the agri-food sector predominately focus on the technical methods and the capability to perceive, prevent, mitigate, and recover from diverse risks. In most economic publications the risks are usually studied as other commodity regulated by the market supply and...

In this paper we incorporate interdisciplinary New Institutional and Transaction Costs Economics (combining Economics, Organization, Law, Sociology, Behavioral and Political Sciences), and suggest a framework for analysis of mechanisms of governance of agro-ecosystem services. Firstly, we...

Following formal privatisation of farm land and assets in Central Europe, the change in agricultural production structures has been both more limited and different than was initially expected. In this paper, the theoretical reasons underlying those expectations are reviewed. An alternative...

Bulgarian Abstract: В статията се прави оценка на ефектите от земетресението, цунамито и ядрената авария във Фукушима през март 2011 година върху селското стопанство и...

Under the usual assumption that the landlord is risk-neutral and the tenant is risk-averse, sharecropping is second-best in that it trades off risk sharing and incentives and leads to a constrained Pareto-efficient agreement. Many, however, have reported instances of reverse share tenancy, i.e.,...

The paper presents findings of a large study on socio-economic impacts of the March 2011 earthquake, tsunami and Fukushima nuclear disaster on the Japanese agriculture and food sector. It contains fourteen parts: introduction with the framework of analysis; a brief description of events and...

This paper incorporates a new inter-disciplinary methodology of the New Institutional and Transaction Costs Economics, and examines pace, factors and modes for post-communist agricultural specialization and farming structures development in Bulgaria. Firstly, it presents the specific Bulgarian...