Corporate Farms

Author(s):  
Linda Lobao
Keyword(s):  
2019 ◽  
pp. 59-73 ◽  
Author(s):  
Nikolai M. Svetlov ◽  
Renata G. Yanbykh ◽  
Dariya A. Loginova

In this paper, we assess the effects of agricultural state support of corporate farms on their revenues from agricultural production sales in 14 Russian regions that differ in technology, environment and institutional conditions. In addition to the direct effect of the state support, the indirect effects via labor and capital are revealed. For this purpose, we identify production functions and statistical models of production factors for each of these regions separately. We find out diverse effects of the state support on revenues among the regions. Positive effects prevail. Negative effects are mainly caused by labor reductions that follow subsidy inflows. Another cause of negative effects is the soft budget constraints phenomenon.


2012 ◽  
Vol 52 (No. 6) ◽  
pp. 281-288 ◽  
Author(s):  
A. Wolz ◽  
J. Fritzsch ◽  
J. Pencáková

The change of the economic system from the socialist central planning system to the market economy required the reorganisation not only of agricultural production, but also of the organisations supporting it. In the Czech Republic, agricultural production is characterised by a dualistic structure, i.e. private farmers on the one side and corporate farms on the other. However, among both groups some had been economically more successful than others. In general, a varying adoption of production factors, i.e. land, labour and capital is identified as being of influence. Namely, their ability to collaborate with other farms which is discussed under the concept of social capital, will be analysed in this paper. Based on the findings of a survey among a sample of 62 farms by adopting factor and multiple regression analysis, it can be deduced that social capital is indeed a significant factor determining farm income. 


2005 ◽  
pp. 97-108
Author(s):  
M. Grazdaninova ◽  
Z. Lerman

This study is aimed to analyze Russian corporate farms technical efficiency using DEA and allocative efficiency basing upon VMP calculations. The estimations are carried out on three aggregation levels: total farm, sectors (livestock and crops production) and selected commodities (grain, sunflower, beef, milk and pork), using survey data. The results of the analysis suggest that there is no substantial misallocation of resources given current input and output prices. High technical efficiency scores speak for production technologies being homogeneous. Neither "best practice" extension, nor getting to allocative efficiency will eliminate the large productivity gap between Russia and the developed market economies.


2017 ◽  
Vol 20 (2) ◽  
pp. 201-220 ◽  
Author(s):  
Fabio Chaddad ◽  
Vladislav Valentinov

Drawing inspiration from American institutionalism and new institutional economics, this paper discusses the rise of large corporate farms as the transition from the classic capitalist firm to the corporate form of organization based on the separation of ownership and control. Three case studies from the Brazilian cerrado show the rise of large corporate farms to be enabled and impelled by the advance of agricultural production technologies and the search for scale economies. The key finding from the case studies is that complex technology not only necessitates large-scale farming but also generates technical and organizational solutions to the potentially pervasive agency problems. In addition to the use of sound corporate governance practices, these solutions include organizational architecture encompassing computer-aided accounting and budgeting systems, incentive-based compensation, clear definition of performance goals, and delegation of operational decisions to farm managers. Furthermore, organizational architecture has been shown to promote a culture of trust and accountability, which counteract the opportunistic tendencies of farm managers and workers.


2013 ◽  
Vol 42 (3) ◽  
pp. 419-435 ◽  
Author(s):  
Jayson L. Lusk

Social critics have taken aim at modern production agriculture using a common theme: many food, health, and environmental problems are explained by corporate farms, agribusinesses, and fast-food restaurants failing to account for the full costs of their actions. How accurate is this diagnosis? How feasible is the assumption that these externalities are most effectively mitigated via Pigovian taxes and subsidies? Drawing on my experiences at a National Institute of Medicine meeting on the subject, I seek to clarify the definition and nature of externalities and discuss situations in which public policy is most and least effective in efficiently making “hidden” costs of food visible.


1980 ◽  
Vol 34 (1) ◽  
pp. 9-10 ◽  
Author(s):  
Hoy Carman
Keyword(s):  

Author(s):  
Liliana CIMPOIES

State support is a major determinant for efficient farm activity that contributes to an increase in the efficiency and quality of production, and contributes to the increase of competitiveness and modernization of agricultural sector. In this paper, the distribution of agricultural subsidies by directions and regions is analyzed. In order to reach the goal and conclude the research tasks the analysis and synthesis of scientific literature, systematization of information, comparative analysis and summarizing methods were used and farm technical efficiency (TE) was calculated. The analyzed period in the given research were 2010–2014, based on primary data collected from corporate farms and secondary data provided by the National Bureau of Statistics, and Agency for Interventions and Payments in Agriculture. During the analyzed period, the amount of allocated subsidies to farmers increased, but still are present inequalities in the distributed funds, difficulties in obtaining the payments and lack of transparency. As well, a clear and consistent policy that could be implemented through the allocation of subsides aimed at developing the agricultural sector is missing.


1983 ◽  
Vol 52 (1) ◽  
pp. 50-65 ◽  
Author(s):  
Jacob H. Dorn

A revolution in rural life since the 1940s has produced agribusiness, corporate farms, and situation in which less than five percent of Americans are engaged in farming activities and fewer still work family farms. Richard Hofstadter once observed, “The United States was born in the country and has moved to the city.” Today, when few vestiges remain of “the localistic and personalistic frame of reference, which describes farming and country life effectively all the way through the depression years,” it is important to remember the influence that an idealized picture of rural life had on earlier generations of American intellectuals. Amidst the profound changes in American society produced by industrialization, urbanization, and corporate capitalism, many thinkers adhered to a vision of simpler times—one of grass-— Hofstadter, The Age of Reform: From Bryan to F.D.R. (New York, 1955), p. 23. John L.—Last Minority: The Transforming of Rural Life in America (DeKalb, Ill., 1976), p. xvi; Shover's book is a poignant analysis of the revolution in rural life since the 1940s. Jean Quandt, From the Small Town to the Great Community: The Social Thought of Progressive Intellectuals (New Brunswick, N.J., 1970), examines the nostalgia for simpler times in the thought of nine people, including John Dewey, Charles H. Cooley, Jane Addams, Josiah Royce, and Robert E. Park, who identified personally and professionally with urban life.


Sign in / Sign up

Export Citation Format

Share Document