Title: The impact of interfirm relationships on investment: evidence from the Polish dairy sector
Authors: Dries, Liesbeth ×
Swinnen, Jo #
Issue Date: 2010
Publisher: IPC Science and Technology Press
Series Title: Food Policy vol:35 issue:2 pages:121-129
Abstract: Financial constraints and credit market imperfections are a major constraint on investment, growth and
poverty reduction in transition and developing countries. This paper analyses the impact on investments
of financial assistance programs as part of interfirm relationships. Our empirical evidence is based on a
two-stage survey methodology. Qualitative evidence on dairy companies’ assistance programs was gathered
in the first stage through in-depth interviews at the level of the dairy companies. Quantitative data
on 290 milk producing rural households in Poland was collected through a random survey in the second
stage. The empirical analysis shows that dairy companies have played an important role in financial assistance,
in particular for dairy-specific investments. In addition, they had an important indirect impact on
farm activities and investments through feed supply and loan guarantee programs
ISSN: 0306-9192
Publication status: published
KU Leuven publication type: IT
Appears in Collections:LICOS - Centre for Institutions and Economic Performance, Leuven
× corresponding author
# (joint) last author

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