Transition countries provide a natural experiment to study the development of land markets. This paper provides survey-evidence of the variation in the development of land markets, identifies a series of patterns, and provides a set of hypotheses to explain these variations in land market...

This paper analyses the efficiency effects of the farm restructuring process in Central and Eastern Europe. We develop a theoretical model on how reforms, which are typically implemented in the process of the transition of a communist system to a market economy, would affect production...