Institutions and properties of the transaction: influences on land rental contract design in Poland

The article analyses influences on the design of land rental contracts in Poland. Attention is paid to the effect of both the properties of the transaction as identified in Transaction Cost Economics (asset-specificity, uncertainty, frequency) and the features of the institutional environment (legal as well as customary rules) as studied by the Economics of Property Rights. The conclusion is that institutional influences have a very strong effect and should not be disregarded in the explanation of contract choice.


Variant title:
Institutionen und Eigenschaften der Transaktion: Einfl√ľsse auf die Gestaltung von Bodenpachtvertr√§gen in Polen
Issue Date:
2005
Publication Type:
Journal Article
DOI and Other Identifiers:
ISSN 0002-1121 (Other)
PURL Identifier:
http://purl.umn.edu/97390
Published in:
German Journal of Agricultural Economics, Volume 54, Number 6
Page range:
284-291
Total Pages:
8




 Record created 2017-04-01, last modified 2017-08-25

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