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Основи На Икономиката На Аграрните Договори
[Fundamentals of economics of agrarian contracts]

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  • Bachev, Hrabrin

Abstract

The achievements of the interdisciplinary New Institutional Economics are adapted and a holistic approach to the definition, classification, evaluation and improvement of contracts and contractual relations is justified. A critical analysis of the modern development of the economics of contracts is made and the peculiarities of the economic study of agrarian contracts are highlighted. A "new" approach for economic analysis, evaluation and improvement of agrarian contracts in is presented, which includes: (1) economic definition of agrarian contracts and characterization of their place in the system of agrarian governance as bilateral or multilateral agreements related to agricultural production and services; (2) economic characteristics of the agents participating in the contractual relations (interests, level of awareness, risk-taking tendency, capability, 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 contracting process (technological, transactional, institutional, etc. factors for managerial choice); (5) economic characterization of the outcome of the contractual process and the dominant governance order in the agrarian sphere (rule of law, rule of force, contractual structure, etc.); (6) characterization of the stages for the improvement of agrarian contracts and governance (identification of problems and failures of the market, private negotiation, and public forms; needs and modes of new public intervention, etc.); (7) identification of needs and sources of new information for analysis and evaluation of agrarian contracts.

Suggested Citation

  • Bachev, Hrabrin, 2024. "Основи На Икономиката На Аграрните Договори [Fundamentals of economics of agrarian contracts]," MPRA Paper 121889, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:121889
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    References listed on IDEAS

    as
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    2. Oliver E. Williamson, 2005. "The Economics of Governance," American Economic Review, American Economic Association, vol. 95(2), pages 1-18, May.
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    14. Santiago, Michelle & Sykuta, Michael, 2016. "Regulation and Contract Choice in the Distribution of Wine," Journal of Wine Economics, Cambridge University Press, vol. 11(2), pages 216-232, August.
    15. repec:bas:econth:y:2013:i:1:p:29-55 is not listed on IDEAS
    16. Bachev, Hrabrin, 2014. "Environmental management in agriculture - mechanisms, forms and efficiency," MPRA Paper 99852, University Library of Munich, Germany.
    17. Bachev, Hrabrin, 2016. "Sustainability of Farming Enterprise – Governance and Evaluation," MPRA Paper 69734, University Library of Munich, Germany.
    18. Shinya Ikeda & Ronnie S. Natawidjaja, 2022. "The Sustainability of Contract Farming with Specialized Suppliers to Modern Retailers: Insights from Vegetable Marketing in Indonesia," Agriculture, MDPI, vol. 12(3), pages 1-11, March.
    19. Rachael E. Goodhue, 2022. "From Handshakes to Blockchains: Economic Analysis of Contracts in Agriculture," Natural Resource Management and Policy, in: Harry de Gorter & Jill McCluskey & Johan Swinnen & David Zilberman (ed.), Modern Agricultural and Resource Economics and Policy, pages 441-455, Springer.
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    22. Bachev, Hrabrin, 2010. "Governance of agrarian sustainability," MPRA Paper 99867, University Library of Munich, Germany.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    agrarian contracts; governance; transaction costs; forms; factors;
    All these keywords.

    JEL classification:

    • Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture
    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • 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

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