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What is the importance of social capital in Czech agriculture? An analysis of selected components

Author

Listed:
  • Pavel POSPĚCH

    (Institute of Agricultural Economics and Information, Brno, Czech Republic)

  • Daniela SPĚŠNÁ

    (Institute of Agricultural Economics and Information, Brno, Czech Republic)

Abstract

The paper examines the role of social capital in Czech agricultural sector. It is argued that social capital, just like economic capital, can be employed as a resource for the improvement of economic performance of agricultural enterprises. This hypothesis is tested on a sample of primary data and an analysis of the selected indicators of social capital is presented. These include personal social networks, membership in agricultural associations and access to sources of information. Following the results, it is argued that the presence of informal personal ties displays a stronger relationship to the entrepreneurial success than formal membership in agricultural associations. This outcome suggests a comparatively strong role of social capital in the dynamics of the sector.

Suggested Citation

  • Pavel POSPĚCH & Daniela SPĚŠNÁ, 2011. "What is the importance of social capital in Czech agriculture? An analysis of selected components," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 57(6), pages 279-287.
    • Handle: RePEc:caa:jnlage:v:57:y:2011:i:6:id:163-2010-agricecon
    DOI: 10.17221/163/2010-AGRICECON
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    References listed on IDEAS

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    1. Ladislav Stejskal, L. S. & Jana Stavkova, J. S., 2010. "Living conditions of Czech farmers according to the EU statistics on income," MPRA Paper 31064, University Library of Munich, Germany.
    2. Wolz, Axel & Fritzsch, Jana & Pencáková, Jitka, 2006. "The impact of structural social capital on farm income in the Czech Republic," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 52(6), pages 281-288.
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