Munich Personal RePEc Archive

Governance of Bulgarian Farming

Bachev, Hrabrin (2008): Governance of Bulgarian Farming.

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Abstract

This paper employs New Institutional and Transaction Costs Economics to ana-lyze Bulgarian agriculture. It evaluates the efficiency of dominant governing forms on the eve of EU accession, and assesses the likely impact of CAP im-plementation on farming structures. Firstly, assessment is made on the compara-tive efficiency, complementarily, and sustainability of major farm structures such as agro-firms, cooperatives, unregistered and subsistence farms. Next, prin-cipal modes of land, labor, service, inputs and financial supplies, in addition to marketing in different types of commercial farms, are identified and evaluated. Finally, a feasible pace for CAP implementation in the Bulgarian condition is projected, and the likely impact on farm structures is estimated.

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