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Social Capital Among Agricultural Producers In The Czech Republic: Its Impact On Economic Performance

Author

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  • Wolz, Axel
  • Fritzsch, Jana
  • Pencakova, Jitka

Abstract

The change of the political regime from the socialist central planning system to a market economy and pluralistic society required the reorganisation not only of agricultural production, but also of the organisations in their support. In the Czech Republic, agricultural production is characterised by a dualistic structure in these days, i.e. private farmers on the one side and corporate farms on the other. However, among both groups some had been economically more successful than others. In general, a varying adoption of production factors, i.e. land, labour and capital is identified as being of influence. Whether their ability to collaborate with other farms is an additional factor, which has been discussed under the concept of social capital since quite some time, will be analysed in this paper. Based on the findings of a survey among a sample of 62 farms by adopting factor and multiple regression analysis it can be deduced that social capital is indeed a significant factor determining the level of farm income.

Suggested Citation

  • Wolz, Axel & Fritzsch, Jana & Pencakova, Jitka, 2006. "Social Capital Among Agricultural Producers In The Czech Republic: Its Impact On Economic Performance," IAMO Discussion Papers 91965, Institute of Agricultural Development in Transition Economies (IAMO).
    • Handle: RePEc:ags:iamodp:91965
    DOI: 10.22004/ag.econ.91965
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    More about this item

    Keywords

    Agribusiness; Community/Rural/Urban Development; Farm Management; Industrial Organization; Institutional and Behavioral Economics; International Development; Political Economy;
    All these keywords.

    JEL classification:

    • C31 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
    • P32 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Collectives; Communes; Agricultural Institutions
    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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