Institutional Environment and Agricultural Production in Post-communist Central European Countries

• Authors: Minárik Pavol
• Languages of publication: EN

Abstracts

EN

This paper examines the significance of the institutional environment on agricultural production in post-communist Central European countries. It adds to the extensive research conducted into agricultural production functions by introducing a model which explains aggregate agricultural production using various inputs as well as variables that represent the institutional environment. The results with regards to the elasticities of material inputs (land, labour, capital) differ from those in previous research due to the specifics of the sample. More importantly, this paper identifies several institutions relevant to the agricultural sector and shows that in transitional economies institutional variables play a significant role.

Keywords

EN

agricultural productivity; institutions; transition; economic freedom; international comparison

Discipline

• ECONOMICS: ECONOMICS

• Publisher: The Institute of Technology and Business in České Budějovice, Czech Republic
• Journal: Littera Scripta
• Year: 2017
• Volume: 1
• Pages: 88-101

Dates

published

2017-06-27

Contributors

author

Minárik Pavol

• J. E. Purkyně University in Ústí nad Labem