Title: Institutions, Exchange and Growth: Evidence from Bulgarian Agriculture on the Impact of Hold-ups and Contract Innovations
Authors: Van Herck, Kristine ×
Noev, Nivelin
Swinnen, Jo #
Issue Date: Feb-2012
Publisher: Mouton
Series Title: European Review of Agricultural Economics vol:39 issue:1 pages:29-50
Abstract: The transition from a centrally planned to a more market-oriented economy provides a natural experiment on the role of institutions and exchange in economic development, and more specifically on firm growth. This paper uses survey data from Bulgaria to analyse the impact of exchange problems and institutional innovations on farm growth. Late payments have a negative influence on farm growth, while contracting with interlinked programmes has a positive effect on farm growth.
ISSN: 0165-1587
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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