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Institutions, exchange and firm growth: evidence from Bulgarian agriculture.

Institutions, exchange and firm growth: evidence from Bulgarian agriculture.

Authors :
Van Herck, Kristine
Noev, Nivelin
Swinnen, Johan F.M.
Source :
European Review of Agricultural Economics; Feb2012, Vol. 39 Issue 1, p29-50, 22p
Publication Year :
2012

Abstract

The transition from a centrally planned to a more market-oriented economy provides a natural experiment on the role of institutions and exchange in economic development, and more specifically on firm growth. This paper uses survey data from Bulgaria to analyse the impact of exchange problems and institutional innovations on farm growth. Late payments have a negative influence on farm growth, while contracting with interlinked programmes has a positive effect on farm growth. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
01651587
Volume :
39
Issue :
1
Database :
Complementary Index
Journal :
European Review of Agricultural Economics
Publication Type :
Academic Journal
Accession number :
70004637
Full Text :
https://doi.org/10.1093/erae/jbr033