Assessment of Sustainability of Bulgarian Farms

16 Pages Posted: 23 May 2006  

Hrabrin Bachev

Institute of Agricultural Economics

Date Written: 2005

Abstract

The New Institutional and Transaction Costs Economics framework is incorporated to transitional Bulgarian agriculture, and level of sustainability of dominating subsistent farming, production cooperatives, small-scare commercial farms, and large agro-firms assessed. New framework for assessing sustainability of farms and for governing of sustainable development is suggested taking into account: role of specific institutional environment, comparative efficiency of various market, private, public and hybrid governing modes, transaction costs and critical factors (frequency, uncertainty, asset specificity, and appropriability) of farm transactions. Analysis of sustainability of different types of Bulgarian farms is made, and further domination of subsistence farming, cooperatives, large agro-firms, and some part of small commercial farms projected.

Keywords: sustainability of farms, governing of agrarian sustainability, Bulgarian farm structures

JEL Classification: D23, L22, M13, 017, Q 12, Q13

Suggested Citation

Bachev, Hrabrin, Assessment of Sustainability of Bulgarian Farms (2005). Available at SSRN: https://ssrn.com/abstract=903501 or http://dx.doi.org/10.2139/ssrn.903501

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/

Register to save articles to
your library

Register

Paper statistics

Downloads
117
rank
221,578
Abstract Views
532
PlumX