Institutions, reform policies and productivity growth in agriculture: evidence from former communist countries

M.I. Rizov

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3 Citations (Scopus)

Abstract

There are important differences among former communist countries in performance of their agricultural sectors that are commonly attributed to variation in inherent institutions and reform policy choices. In this paper the link between institutions, reforms and (labour) productivity growth in agriculture is analysed within an augmented neo-classical growth model framework derived from a production function. For the empirical analysis panel data over the transition period (1990-2001) were used that cover 15 former communist countries, applying a GMM-IV estimator. Estimation results strongly support the view that the shift to individual land use, measuring farm restructuring, as well as the overall economic reforms, supported by democratic institutions, have positively contributed to the (labour) productivity growth in former communist countries¿ agriculture.
Original languageEnglish
Pages (from-to)307-323
JournalNJAS Wageningen Journal of Life Sciences
Volume55
Issue number4
DOIs
Publication statusPublished - 2008

Keywords

  • transitional farming
  • change
  • central europe
  • collective farms
  • state farms
  • private farms
  • initial conditions
  • eastern-europe
  • land-reform
  • panel-data
  • transition economies
  • common heritage
  • soviet-union
  • performance
  • divergence
  • efficiency

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