Governing of Contractual Relations in Agriculture

27 Pages Posted: 27 Jan 2010  

Hrabrin Bachev

Institute of Agricultural Economics

Date Written: January 1, 2010

Abstract

This paper incorporates the interdisciplinary New Institutional and Transaction Costs Economics (combining Economics, Organization, Law, Sociology, Behavioral and Political Sciences) and suggests a holistic framework for analysis of agrarian contracts. First, it specifies type and importance of different mechanisms of governance of agrarian activity. Second, it defines the essence, and classifies types and features of agrarian contracts. Next, it identifies technological, institutional, behavioral, dimensional, and transaction costs factors for contractual choice, and specifies effective modes for contractual arrangements in agriculture. Finally, it determines the effective boundaries and sustainability of farm and agrarian organizations.

Keywords: contract management, type of agrarian contracts, factor and efficiency of contractual choice, economic boundaries and sustainability of farm

JEL Classification: Q12, Q13, Q14, Q15, Q19, L14, L22, D21, D23, D81, J41, J43, J54, K42, L11, L16, L23, L33, L52

Suggested Citation

Bachev, Hrabrin, Governing of Contractual Relations in Agriculture (January 1, 2010). Available at SSRN: https://ssrn.com/abstract=1542750 or http://dx.doi.org/10.2139/ssrn.1542750

Hrabrin Bachev (Contact Author)

Institute of Agricultural Economics ( email )

125 Tzarigradsko shosee Blvd. Blok 1
Sofia, 1113
Bulgaria

HOME PAGE: http://hrabrin-bachev.my.contact.bg/

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