The land restitution in Bulgaria led to a severe fragmentation in land ownership. This has an impact on the agricultural development and land market. The article investigates the land transactions on the sale and rentals markets. In order to explain the processes three new institutional economic...

Private farming is the dominant mode of agricultural production in most European countries. Not all farmers are equally successful, economically. In this paper it is analysed whether social capital is an important factor contributing to higher agricultural incomes. Based on the findings of a...

In Italy, the structure of farm has always shown remarkable elements of weakness. Among these, the small dimension, in terms of arable land, has represented one of the most difficult to resolve. The absence of a legislation that could favour jointness of the property have remarkably reduced the...

This presentation provides comparative analysis of agricultural holdings in Estonia based on the Farm Accountancy Data Network (FADN) data. The FADN data for reference years 2000, 2001, 2002 and 2003 have been analysed. The FADN data analyses showed, that there are very big differences in the...

This article solves and characterizes optimal decision rules to invest in irreversible land improvements conditional on land tenure insecurity. Economic model is a normative dynamic programming model with known parameters for the one period returns and transition equations. The optimal decision...

Although still the family farm is the dominant farm type there are changes in the legal mode of organization. Applying the new institutional economics and economic organisation theory the different organisation modes are explained, mainly in terms of control and income rights. Important factors...

Farm organization, and the balance between the household and the farm have changed. This paper explores the relation between the organizational form and strategy of Dutch farmers and shows that strategy and structure are related. Legal persons and partnerships with multiple households can be...