IDEAS home Printed from https://ideas.repec.org/a/taf/pocoec/v15y2003i3p401-416.html
   My bibliography  Save this article

An Analysis of the Performance of Commercially Oriented Farms in Hungary

Author

Listed:
  • Matthew Gorton
  • Barna Kovacs
  • Tamas Mizik
  • Sophia Davidova
  • Tomas Ratinger
  • Belen Iraizoz

Abstract

As a result of the economic restructuring and political reforms undertaken during the 1990s, Hungary has a varied set of farm types that encompass a wide array of different sizes, degrees of capital intensity and forms of ownership. This article explores the performance of Hungarian farms and concludes that, in contrast to other Central and Eastern European (CEE) countries, the majority of commercially oriented farms are profitable. However, estimates are sensitive to the valuation of own land and labour inputs. From the application of factor and cluster analysis, eight clusters of farms are profiled and the most competitive group identified. While the most profitable cluster also has the highest mean farm size, farm consolidation should not be treated as a panacea for dealing with low agricultural returns in the region.

Suggested Citation

  • Matthew Gorton & Barna Kovacs & Tamas Mizik & Sophia Davidova & Tomas Ratinger & Belen Iraizoz, 2003. "An Analysis of the Performance of Commercially Oriented Farms in Hungary," Post-Communist Economies, Taylor & Francis Journals, vol. 15(3), pages 401-416.
    • Handle: RePEc:taf:pocoec:v:15:y:2003:i:3:p:401-416
    DOI: 10.1080/1463137032000139070
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/1463137032000139070
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/1463137032000139070?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Erik Mathijs & Liesbet Vranken, 2001. "Human Capital, Gender and Organisation in Transition Agriculture: Measuring and Explaining the Technical Efficiency of Bulgarian and Hungarian Farms," Post-Communist Economies, Taylor & Francis Journals, vol. 13(2), pages 171-187.
    2. Nigel Swain, 1999. "Agricultural Restitution and Co-operative Transformation in the Czech Republic, Hungary and Slovakia," Europe-Asia Studies, Taylor & Francis Journals, vol. 51(7), pages 1199-1219.
    3. Franks, Jeremy R, 1998. "Predicting Financial Stress in Farm Businesses," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 25(1), pages 30-52.
    4. Petrick, Martin, 2000. "Land reform in Moldova: how viable are emerging peasant farms? An assessment referring to a recent World Bank study," IAMO Discussion Papers 28, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    5. Gorton, Matthew & Davidova, Sophia, 2004. "Farm productivity and efficiency in the CEE applicant countries: a synthesis of results," Agricultural Economics, Blackwell, vol. 30(1), pages 1-16, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ferto, Imre & Fogarasi, Jozsef, 2005. "The Choice of Farm Organisation. A Hungarian Case," 94th Seminar, April 9-10, 2005, Ashford, UK 24420, European Association of Agricultural Economists.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Fogarasi, Jozsef & Latruffe, Laure, 2009. "Farm performance and support in Central and Western Europe: a comparison of Hungary and France," 83rd Annual Conference, March 30 - April 1, 2009, Dublin, Ireland 51053, Agricultural Economics Society.
    2. Vranken, Liesbet & Macours, Karen & Noev, Nivelin & Swinnen, Johan F.M., 2007. "Property Rights Imperfections, Asset Allocation, and Welfare: Co-Ownership in Bulgaria," 104th Seminar, September 5-8, 2007, Budapest, Hungary 7795, European Association of Agricultural Economists.
    3. repec:lic:licosd:17907 is not listed on IDEAS
    4. repec:lic:licosd:18007 is not listed on IDEAS
    5. Tomas Baležentis, 2014. "Total factor productivity in the Lithuanian family farms after accession to the EU: application of the bias-corrected Malmquist indices," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 41(4), pages 731-746, November.
    6. Nikolay VASILIEV & Elsa SUUSTER & Helis LUIK & Rando VÄRNIK & Eduard MATVEEV & Alar ASTOVER, 2011. "Productivity of Estonian dairy farms decline after the accession to the European Union," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 57(9), pages 457-463.
    7. repec:lic:licosd:15805 is not listed on IDEAS
    8. Ciaian, Pavel & Swinnen, Johan F.M., 2006. "AJAE Appendix: Land Market Imperfections and Agricultural Policy Impacts in the New EU Member States: A Partial Equilibrium Analysis," American Journal of Agricultural Economics APPENDICES, Agricultural and Applied Economics Association, vol. 88(4), pages 1-10, November.
    9. Ciaian, Pavel & Swinnen, Johan F.M., 2005. "Market Imperfections and Agricultural Policy Effects on Structural Change and Competitiveness in an Enlarged EU," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24463, European Association of Agricultural Economists.
    10. Ferto, Imre & Fogarasi, Jozsef, 2005. "The Choice of Farm Organisation. A Hungarian Case," 94th Seminar, April 9-10, 2005, Ashford, UK 24420, European Association of Agricultural Economists.
    11. Hironori Yagi & Tsuneo Hayashi, 2021. "Machinery utilization and management organization in Japanese rice farms: Comparison of single‐family, multifamily, and community farms," Agribusiness, John Wiley & Sons, Ltd., vol. 37(2), pages 393-408, April.
    12. Davidova, Sophia & Latruffe, Laure & Ratinger, Tomas, 2005. "Performance of Different Institutional Units in the Czech Republic and the Role of External Financing," 94th Seminar, April 9-10, 2005, Ashford, UK 24421, European Association of Agricultural Economists.
    13. Pavel Ciaian, 2007. "Land Reform and Productivity Gains with Multiple Market Imperfections," EERI Research Paper Series EERI_RP_2007_01, Economics and Econometrics Research Institute (EERI), Brussels.
    14. Galluzzo Nicola, 2018. "A Non-Parametric Analysis of Technical Efficiency in Bulgarian Farms Using the Fadn Dataset," European Countryside, Sciendo, vol. 10(1), pages 58-73, March.
    15. Daniel Solís & Boris E. Bravo‐Ureta & Ricardo E. Quiroga, 2009. "Technical Efficiency among Peasant Farmers Participating in Natural Resource Management Programmes in Central America," Journal of Agricultural Economics, Wiley Blackwell, vol. 60(1), pages 202-219, February.
    16. Aidis, Ruta & van Praag, Mirjam, 2007. "Illegal entrepreneurship experience: Does it make a difference for business performance and motivation?," Journal of Business Venturing, Elsevier, vol. 22(2), pages 283-310, March.
    17. Pavel Ciaian & d'Artis Kancs & Jan Pokrivcak, 2008. "Comparative Advantages, Transaction Costs and Factor Content of Agricultural Trade: Empirical Evidence from the CEE," EERI Research Paper Series EERI_RP_2008_03, Economics and Econometrics Research Institute (EERI), Brussels.
    18. repec:rri:wpaper:200803 is not listed on IDEAS
    19. Belen Iraizoz & Sophia Davidova & Matthew Gorton, 2003. "Cosmetic or Cutting? The impact of the modulation of EU direct payments on farm profitability in the Navarra region of Spain," Others 0310002, University Library of Munich, Germany.
    20. Veronika Fenyves & Tibor Tarnóczi & Zoltán Bács & Dóra Kerezsi & Péter Bajnai & Mihály Szoboszlai, 2022. "Financial efficiency analysis of Hungarian agriculture, fisheries and forestry sector," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 68(11), pages 413-426.
    21. Gersch Inka, 2018. "Producer organizations and contract farming: a comparative study of smallholders’ market strategies in South India," ZFW – Advances in Economic Geography, De Gruyter, vol. 62(1), pages 14-29, March.
    22. Coppola, A. & Ianuario, S. & Chinnici, G. & Di Vita, G. & Pappalardo, G. & D'Amico, D., 2018. "Endogenous and Exogenous Determinants of Agricultural Productivity: What Is the Most Relevant for the Competitiveness of the Italian Agricultural Systems?," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 10(2).
    23. Manevska-Tasevska, Gordana & Hansson, Helena & Asmild, Mette & Surry, Yves, 2018. "Assessing the regional efficiency of Swedish agriculture under the CAP ‒ a multidirectional efficiency approach," 162nd Seminar, April 26-27, 2018, Budapest, Hungary 271971, European Association of Agricultural Economists.
    24. Lososova, J. & Zdenek, R., 2014. "Key Factors Affecting the Profitability of Farms in the Czech Republic," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 6(1), pages 1-16, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:pocoec:v:15:y:2003:i:3:p:401-416. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CPCE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.