Agric. Econ. - Czech, 2002, 48(6):245-250 | DOI: 10.17221/5312-AGRICECON

Could social capital help Czech agriculture?

J. Chloupková, Ch. BJØRNSKOV
The Royal Veterinary and Agricultural University, Unit of Economics, Copenhagen, Denmark **Aarhus School of Business, Department of Economics, Aarhus, Denmark

Recent literature and research on social capital has demonstrated the economic importance of social features, such as trust and norms that facilitate cooperation. This article focuses on the role of social capital in the context of the Czech agricultural sector. Obtaining credit, sharing machinery, and proliferating information serves as examples where an awareness and reliance on the social capital of rural communities matter. By forming groups and strengthening existing networks, Czech farmers can improve their productivity, as well as their welfare. The article concludes by warning that the Czech state cannot invest directly in social capital, but should create the necessary legal and economic incentives to encourage the formation of social capital.

Keywords: social capital, cooperation, transition, agriculture

Published: June 30, 2002  Show citation

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Chloupková J, BJØRNSKOV C. Could social capital help Czech agriculture? Agric. Econ. - Czech. 2002;48(6):245-250. doi: 10.17221/5312-AGRICECON.
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