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Since the late 1980s, agriculture in Central and Eastern European Countries (CEECs) has been under considerable adjustment pressure due to changing political, economic and institutional environments. These changes have been linked to the transition process, as well as the ongoing integration...
Persistent link: https://www.econbiz.de/10008533294
Since the seminal work of Adam Smith, markets have been considered an efficient tool for co-ordinating the behaviour of economic agents. The basic characteristic of a market economy is that the complex system of interaction among individuals is not centrally coordinated. Under the assumption of...
Persistent link: https://www.econbiz.de/10008533291
Over fifteen years have elapsed since the transition from the centrally planned economic system started in the early 1990âs. During this time agricultural and rural areas of Central and Eastern Europe have undergone profound structural changes with wide variations in the degree of...
Persistent link: https://www.econbiz.de/10008564626
This Discussion Paper contains the contributions to be presented at the "Workshop zur Agrarentwicklung in Mittel- und Osteuropa für Doktoranden und Post-Docs" to take place at IAMO from 11 to 13 July, 2005. After last year'Âs positive reception, the workshop will be held for the third time,...
Persistent link: https://www.econbiz.de/10005038562
The research focus of the paper is to distinguish allocative and technical inefficiencies on Moscow region corporate farms. DEA specifications with both monetary and technical objective functions are applied. Reduced costs and sensitivity analyses are used to identify fixed inputs constraining...
Persistent link: https://www.econbiz.de/10005038586