COURTS AND CONTRACT ENFORCEMENT IN AGRICULTURAL TRANSITION - THEORY AND EVIDENCE FROM POLAND

The paper investigates theoretically and empirically the role of courts for contract enforcement in transition agriculture. We develop a theoretical model, based on the costs and benefits of court enforcement that captures the boundary between contracts to be judged as court "enforceable" and "not-enforceable" and, simultaneously, identifies the threshold of taking legal action. The empirical analysis based on a survey of 306 Polish hog farmer conducted in 1999 strongly supports our model.

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Year of publication:	2003
Authors:	Beckmann, Volker ; Boger, Silke
Institutions:	Agricultural and Applied Economics Association - AAEA
Subject:	Agribusiness

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Extent:	application/pdf
Series:	2003 Annual meeting, July 27-30, Montreal, Canada.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2003 Annual meeting, July 27-30, Montreal, Canada Number 22213
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005330703