IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/121372.html
   My bibliography  Save this paper

Структура И Управление На Договорните Отношения В Селското Стопанство На България
[Structure and governance of contractual relations in Bulgarian agriculture]

Author

Listed:
  • Bachev, Hrabrin
  • Mihailova, Mihaela
  • Terziev, Dimitar
  • Georgiev, Minko
  • Dimova, Nadejda
  • Marinov, Petar
  • Mikova, Rosiza
  • Blagoeva, Snejana

Abstract

This paper presents the results of the first stage of the research project "Structure and Management of Contractual Relations in the Agriculture of Bulgaria", financed by the Agricultural Academy and developed by the Institute of Agrarian Economics. The achievements of the interdisciplinary New Institutional Economics have been adapted and the theoretical-methodological issues of the economic study of agrarian contracts have been developed. On this basis, a holistic approach has been developed to define, classify, assess and improve contracts and contractual relations in Bulgarian agriculture. A critical analysis of the modern development of the economy of contracts, organizations, and institutions has been made through a study of literature, official documents, and management practices in the agrarian sphere of developed countries and Bulgaria. The peculiarities of the economic study of agrarian contracts compared to the purely legal approach in this area are highlighted. A "new" approach to economic analysis, evaluation and improvement of agrarian contracts in the country is justified, which includes: (1) economic definition of agrarian contracts and characterization of their place in the system of agrarian governance (management) as bilateral or multilateral agreements related to agricultural production and services; (2) economic characteristics of the agents participating in the contractual relations (interests, degree of awareness, risk-taking tendency, capacity, tendency to opportunism, etc.); (3) economic characteristics of different types of agrarian contracts (for purchase and sale, hire of labor and resources, services, loan, insurance, marketing, coalition, etc.); (4) economic characterization of the agrarian bargaining process (technological, transactional, institutional, etc. factors for managerial choice); (5) economic characterization of the outcome of the contractual process and the dominant administrative order in the agrarian sphere (law of law, law of force, contractual structure, etc.); (6) characterization of the stages for the improvement of agrarian contracts and management (identification of problems and failures of the market, private negotiation, and public forms; needs and forms of new public intervention, etc.); (7) identification of needs and sources of new information for analysis and evaluation of agrarian contracts. Four empirical studies of contracts and contractual relations in Bulgarian agriculture have been carried out, dedicated to: the effect of subsidies on the rent of agricultural land; the regional aspects of organic and conventional farming contracts; the role and impact of digital marketing in agribusiness; and the expected effects of the European Union's Green Deal on agriculture.

Suggested Citation

  • Bachev, Hrabrin & Mihailova, Mihaela & Terziev, Dimitar & Georgiev, Minko & Dimova, Nadejda & Marinov, Petar & Mikova, Rosiza & Blagoeva, Snejana, 2024. "Структура И Управление На Договорните Отношения В Селското Стопанство На България [Structure and governance of contractual relations in Bulgarian agriculture]," MPRA Paper 121372, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:121372
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/121372/1/MPRA_paper_121372.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Srinivasan Balakrishnan & Birger Wernerfelt, 1986. "Technical change, competition and vertical integration," Strategic Management Journal, Wiley Blackwell, vol. 7(4), pages 347-359, July.
    2. Joachim Braun & Regina Birner, 2017. "Designing Global Governance for Agricultural Development and Food and Nutrition Security," Review of Development Economics, Wiley Blackwell, vol. 21(2), pages 265-284, May.
    3. Abdulai, Awudu & Huffman, Wallace, 2000. "Structural Adjustment and Economic Efficiency of Rice Farmers in Northern Ghana," Economic Development and Cultural Change, University of Chicago Press, vol. 48(3), pages 503-520, April.
    4. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    5. Williamson, Oliver E, 1999. "Public and Private Bureaucracies: A Transaction Cost Economics Perspective," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 15(1), pages 306-342, April.
    6. Oliver E. Williamson, 2000. "The New Institutional Economics: Taking Stock, Looking Ahead," Journal of Economic Literature, American Economic Association, vol. 38(3), pages 595-613, September.
    7. Hrabrin Ianouchev BACHEV, 2016. "A Holistic Approach for Assessing the System of Governance of Agrarian Sustainability," Journal of Economic and Social Thought, KSP Journals, vol. 3(3), pages 434-457, September.
    8. Anna Carbone, 2017. "Food supply chains: coordination governance and other shaping forces," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 5(1), pages 1-23, December.
    9. Michael L. Cook, 1995. "The Future of U.S. Agricultural Cooperatives: A Neo-Institutional Approach," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 77(5), pages 1153-1159.
    10. Nizamettin Bayyurt & Fatma Eban Arıkan, 2015. "Good Governance and Agricultural Efficiency," Journal of Social and Development Sciences, AMH International, vol. 6(1), pages 14-23.
    11. Arouna, Aminou & Michler, Jeffrey D. & Lokossou, Jourdain C., 2021. "Contract farming and rural transformation: Evidence from a field experiment in Benin," Journal of Development Economics, Elsevier, vol. 151(C).
    12. Allen, Douglas W & Lueck, Dean, 1992. "The "Back Forty" on a Handshake: Specific Assets, Reputation, and the Structure of Farmland Contracts," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 8(2), pages 366-376, April.
    13. repec:srs:journl:jemt:v:9:y:2018:i:3:p:452-478 is not listed on IDEAS
    14. Bachev, Hrabrin, 2010. "Management of farm contracts and competitiveness," MPRA Paper 99854, University Library of Munich, Germany.
    15. Williamson, Oliver E. & Winter, Sidney G. (ed.), 1993. "The Nature of the Firm: Origins, Evolution, and Development," OUP Catalogue, Oxford University Press, number 9780195083569.
    16. Alchian, Armen A & Demsetz, Harold, 1972. "Production , Information Costs, and Economic Organization," American Economic Review, American Economic Association, vol. 62(5), pages 777-795, December.
    17. Hrabrin Bachev, 2013. "Risk Management in the Agri-food Sector," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 7(1), March.
    18. Jean-Louis Bago & Bruce Shearer, 2022. "Risk preferences and contract choices," Experimental Economics, Springer;Economic Science Association, vol. 25(5), pages 1374-1398, November.
    19. Bellemare, Marc F., 2015. "Contract Farming: What’s In It for Smallholder Farmers in Developing Countries?," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 30(3), pages 1-4, September.
    20. Milkessa Asfaw & Endrias Geta & Fikadu Mitiku, 2019. "Economic Efficiency of Smallholder Farmers in Wheat Production: The Case of Abuna Gindeberet District, Oromia National Regional State, Ethiopia," International Journal of Environmental Sciences & Natural Resources, Juniper Publishers Inc., vol. 16(2), pages 41-51, January.
    21. repec:srs:journl:jarle:v:7:y:2016:i:4:p:797-816 is not listed on IDEAS
    22. Shawn A. Cole & Wentao Xiong, 2017. "Agricultural Insurance and Economic Development," Annual Review of Economics, Annual Reviews, vol. 9(1), pages 235-262, September.
    23. Allen, Douglas & Lueck, Dean, 1992. "Contract Choice in Modern Agriculture: Cash Rent versus Cropshare," Journal of Law and Economics, University of Chicago Press, vol. 35(2), pages 397-426, October.
    24. Douglas W. Allen & Dean Lueck, 1993. "Transaction Costs and the Design of Cropshare Contracts," RAND Journal of Economics, The RAND Corporation, vol. 24(1), pages 78-100, Spring.
    25. Williamson, Oliver, 2009. "The Theory of the Firm as Governance Structure: From Choice to Contract," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 6, pages 111-134, December.
    26. Bachev, Hrabrin, 2023. "Agrarian governance – who, what, why, how, where, when, price?," MPRA Paper 117189, University Library of Munich, Germany.
    27. Anna Carbone, 2017. "Erratum to: Food supply chains: coordination governance and other shaping forces," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 5(1), pages 1-1, December.
    28. Bachev, Hrabrin, 2020. "Organisation, financing and productivity of agricultural research in Bulgaria," MPRA Paper 101231, University Library of Munich, Germany.
    29. Zhang, Yanfen & Xu, Qi & Zhang, Guoqing, 2023. "Optimal contracts with moral hazard and adverse selection in a live streaming commerce market," Journal of Retailing and Consumer Services, Elsevier, vol. 74(C).
    30. Darina Zaimova, 2011. "Assessment methods of the economic efficiency of the farms," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 81-94.
    31. Hrabrin Bashev, 2014. "Forms, factors and efficiency of eco-management in Bulgarian farms," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 58-85,86-11.
    32. Allen, Douglas W & Lueck, Dean, 1999. "The Role of Risk in Contract Choice," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 15(3), pages 704-736, October.
    33. Bachev, Hrabrin Ianouchev & Nanseki, T., 2008. "Risk Governance in Bulgarian Dairy Farming," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 44136, European Association of Agricultural Economists.
    34. Hrabrin BACHEV, 2016. "Defining and Assessing the Governance of Agrarian Sustainability," Journal of Advanced Research in Law and Economics, ASERS Publishing, vol. 7(4), pages 797-816.
    35. Hrabrin BACHEV, 2018. "The Impact Of Market, Private, Collective And Hybrid Modes Of Governance On Agrarian Sustainability In Bulgaria," Economics 21, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 2 Year 20, pages 124-165.
    36. ASFAW, Milkessa & GETA, Endrias & MITIKU, Fikadu, 2019. "Economic Efficiency Of Smallholder Farmers In Wheat Production: The Case Of Abuna Gindeberet District, Western Ethiopia," Review of Agricultural and Applied Economics (RAAE), Faculty of Economics and Management, Slovak Agricultural University in Nitra, vol. 22(1), March.
    37. Hrabrin BACHEV & Dimitar TERZIEV, 2018. "A Study on Institutional Market and Natural Environment Impact on Agrarian Sustainability in Bulgaria," Journal of Advanced Research in Management, ASERS Publishing, vol. 9(3), pages 452-478.
    Full references (including those not matched with items on IDEAS)

    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. Bachev, Hrabrin & Ivanov, Bozhidar, 2023. "What is agrarian governance and how to assess how good it is?," MPRA Paper 117536, University Library of Munich, Germany.
    2. Bachev, Hrabrin, 2023. "Аграрното Управление - Опит За Разбиране И Икономическо Анализиране [Agrarian governance - attempt to understand and economic analysis]," MPRA Paper 118350, University Library of Munich, Germany.
    3. Bachev, Hrabrin, 2023. "Agrarian governance – who, what, why, how, where, when, price?," MPRA Paper 117189, University Library of Munich, Germany.
    4. Bachev, Hrabrin, 2022. "A framework for assessing the governance efficiency of agricultural farms," MPRA Paper 113696, University Library of Munich, Germany.
    5. Bachev, Hrabrin, 2024. "Economic framework for studying and assessing agrarian contracts," MPRA Paper 121504, University Library of Munich, Germany.
    6. Bachev, Hrabrin, 2022. "Как Да Оценим Управленческата Ефективност На Българските Земеделски Стопанства [How to assess the governance efficiency of Bulgarian agricultural farms]," MPRA Paper 113590, University Library of Munich, Germany.
    7. Garrouste, Pierre & Saussier, Stephane, 2005. "Looking for a theory of the firm: Future challenges," Journal of Economic Behavior & Organization, Elsevier, vol. 58(2), pages 178-199, October.
    8. Bachev, Hrabrin, 2024. "Основи На Икономиката На Аграрните Договори [Fundamentals of economics of agrarian contracts]," MPRA Paper 121889, University Library of Munich, Germany.
    9. Elliott, Matthew & James, Harvey Jr., 2013. "Nature Of The Farm: Revisited," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150726, Agricultural and Applied Economics Association.
    10. Mikko Ketokivi & Joseph T. Mahoney, 2020. "Transaction Cost Economics As a Theory of Supply Chain Efficiency," Production and Operations Management, Production and Operations Management Society, vol. 29(4), pages 1011-1031, April.
    11. Darcy W E Allen, 2020. "When Entrepreneurs Meet:The Collective Governance of New Ideas," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number q0269, August.
    12. Jun Yeong Lee & Grant Durbahn & Peter F. Orazem & Wendong Zhang, 2023. "The roles of risk preferences, selection, and uncertain returns on land contracts," Agricultural Economics, International Association of Agricultural Economists, vol. 54(2), pages 220-233, March.
    13. Stone, Alastair, 2008. "Institutional reform: A decision-making process view," Research in Transportation Economics, Elsevier, vol. 22(1), pages 164-178, January.
    14. Hensher, David A. & Ho, Chinh & Knowles, Louise, 2016. "Efficient contracting and incentive agreements between regulators and bus operators: The influence of risk preferences of contracting agents on contract choice," Transportation Research Part A: Policy and Practice, Elsevier, vol. 87(C), pages 22-40.
    15. Bachev, Hrabrin, 2021. "A study on impacts of the institutional environment and climate change on sustainability of agriculture – the case of Bulgaria," MPRA Paper 110262, University Library of Munich, Germany.
    16. Óscar Gutiérrez & Marco Martínez-Esteller, 2022. "Tax collection in the Roman Empire: a new institutional economics approach," Constitutional Political Economy, Springer, vol. 33(3), pages 378-401, September.
    17. Jiao Luo & Aseem Kaul, 2019. "Private action in public interest: The comparative governance of social issues," Strategic Management Journal, Wiley Blackwell, vol. 40(4), pages 476-502, April.
    18. Bachev, Hrabrin & Ivanov, Bojidar & Toteva, Dessislava & Sokolova, Emilia, 2021. "Agrarian sustainability in Bulgaria – evaluating economic, social and ecological pillars," MPRA Paper 110263, University Library of Munich, Germany.
    19. Todorova, Tamara, 2022. "Оливър Уилямсън: Новатор На 20 Век И Основател На Новата Институционална Икономика [Oliver Williamson: an innovator of the 20th century and founder of the new institutional economics]," MPRA Paper 121077, University Library of Munich, Germany.
    20. Cheol-Joo Cho, 2011. "An Analysis of the Housing Redevelopment Process in Korea through the Lens of the Transaction Cost Framework," Urban Studies, Urban Studies Journal Limited, vol. 48(7), pages 1477-1501, May.

    More about this item

    Keywords

    Agrarian contracts; economics; type; costs; Bulgaria;
    All these keywords.

    JEL classification:

    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

    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:pra:mprapa:121372. 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: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    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.