Governance of Bulgarian Farming - Modes, Efficiency, Impact of EU Accession
17 Pages Posted: 23 May 2006
Date Written: 2006
This paper employs New Institutional and Transaction Costs Economics to analyze Bulgarian agriculture. It evaluates the efficiency of dominant governing forms on the eve of EU accession, and assesses the likely impact of CAP implementation on farming structures. Firstly, assessment is made on the comparative efficiency, complementarily, and sustainability of major farm structures such as agro-firms, cooperatives, unregistered and subsistence farms. Next, principal modes of land, labor, service, inputs and financial supplies, in addition to marketing in different types of commercial farms, are identified and evaluated. Finally, a feasible pace for CAP implementation in the Bulgarian condition is projected, and the likely impact on farm structures is estimated.
Keywords: farm structures, efficiency, sustainability, impact of CAP, Bulgaria
JEL Classification: D23, L22, M13, 017, Q13
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