This paper addresses the question whether the institutional environment of transition countries in Eastern Europe affects productivity growth in the agricultural sector. Situated in a neoclassical growth framework, a dynamic panel model for the period 1996-2005 provides evidence that poor...

Purpose – The purpose of this paper is to analyse how farm production and input use (land, variable inputs, labour, and capital) is related to farm access to credit in the Central and Eastern Europe (CEE) transition countries. Design/methodology/approach – Drawing on a unique farm level...

Substantial danger exists that politically prescribed market interventions, designed to counter a supposed failure of the markets, will leave markets functioning worse rather than better. This is particularly true of Eastern European transition countries, where institutional regulations function...

Es besteht eine erhebliche Gefahr, dass politisch verordnete Markteingriffe, die einem vermeintlichen Versagen der Märkte entgegenwirken sollen, Agrarmärkte nicht besser sondern schlechter funktionieren lassen. Dies gilt einmal mehr für osteuropäische Transformationsländer mit einem...