Agric. Econ. - Czech, 2002, 48(5):215-218 | DOI: 10.17221/5305-AGRICECON

Agricultural credits and contracts

J. Pokrivčák
Slovak Agricultural University, Nitra, Slovak Republic

The paper considers contracting problems of the transitional period agriculture. The slow and inexperienced legal system makes third party contract enforcement non-viable. Market enforcement of contract is imperfect due to incompleteness of contracts and underdevelopment of informal features (institutions) of the society, such as codes of behaviour, low importance of goodwill, low adherence to ethical norms, inexperience with conflicts solving in market economy. The survey data related to contracting in transitional agriculture are presented.

Keywords: contract, transition economy, farm

Published: May 31, 2002  Show citation

ACS AIP APA ASA Harvard Chicago Chicago Notes IEEE ISO690 MLA NLM Turabian Vancouver
Pokrivčák J. Agricultural credits and contracts. Agric. Econ. - Czech. 2002;48(5):215-218. doi: 10.17221/5305-AGRICECON.
Share...
Download citation
  • BibTeX (.bib)
  • Bookends (.ris)
  • EasyBib (.ris)
  • EndNote (.enw)
  • EndNote 8 (.xml)
  • ISI WoS (.isi)
  • Medlars (.medlars)
  • Mendeley (.ris)
  • MODS (.xml)
  • Papers (.ris)
  • RefWorks (.txt)
  • RefManager (.ris)
  • RIS (.ris)
  • MS Word (.xml)
  • Zotero (.ris)
    • Open full article

    References

    1. Beòo M. (1998): Komparácia ve3/4kostných štruktúr po3/4nohospodárskych podnikov v EÚ a na Slovensku. In: Zborník vedeckých prác MVD, sekcia Mladá veda, SPU Nitra, s. 18–21; ISBN 80-71387-481-4.
    2. Bielik P. (1998): Comparison of the agricultural enterprises efficiency between Slovakia and the EU. Zem. Ekon., 44, (10): 449–452.
    3. Coase R.H. (1960): The Problem of Social Costs. Journal of Law and Economics, 3: 1–44. Go to original source...
    4. Coase R.H. (1989): The Firm, The Market and The Law. University of Chicago Press, Chicago.
    5. Gow H., Swinnen J. (1998): Agribusiness Restructuring, Foreign Direct Investment, and Hold-Up Problems in Agriculture in Transition. European Review of Agricultural Economics, 25 (4): 331–350. Go to original source...
    6. Ministry of Agriculture of the Slovak Republic. Green Report (various years).
    7. OECD (1997): Preh3/4ad po3/4nohospodárskych politík: Slovenská republika.
    8. Swinnen J.F.M. (1996): Endogenous Price and Trade Policy Developments in Central European Agriculture. European Review of Agricultural Economics, 23: 133–160. Go to original source...
    9. Pokrivèák J., Bielik P. (2001): Selected problems of restructuring and transforming of agriculture. Agric. Econ., 47 (8): 356–360.
    10. Williamson O.E. (1975): Markets and Hierarchies: Analysis and Antitrust Implications. New York, Free Press.
    11. Williamson O.E. (1985): The Economic Institutions of Capitalism: Firms, Markets, Relational Contracting. New York, Free Press.
    12. Williamson O.E. (1991). Comparative Economic Organization: The Analysis of Discrete Structural Alternatives. Administrative Science Quarterly 36: 269–296. Go to original source...

    This is an open access article distributed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International (CC BY NC 4.0), which permits non-comercial use, distribution, and reproduction in any medium, provided the original publication is properly cited. No use, distribution or reproduction is permitted which does not comply with these terms.


    Return to the content