Perspectives on Restructuring during Transition
نویسنده
چکیده
Farm restructuring during transition is often defined as a combination of the change of the internal organization of a farm and the change in farm size, following the liberalization of the economy and the privatization of property rights. Following this definition, farm restructuring involves downsizing farm units and reorganizing management-ownership-workforce relationships. This paper tries to propose a more general framework to think about farm restructuring based on transaction cost economics. For this, a conceptual model of farm restructuring is set up after current insights from own research are fit into this framework. A short review of some empirical evidence on the determinants and the impact of farm restructuring is given. Paper presented at the KATO Symposium Berlin, Germany, November 2-4, 2000 15 Perspectives on Restructuring during Transition
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