Variations in Farm Performance in Transitional Economies: Evidence from the Czech Republic1
利用1998-1999年数据，将捷克农场分为七类，发现多数农场亏损，个体农场并不优于公司农场，合作社和有限责任公司受改革遗留债务困扰。
This paper revisits the literature on farm restructuring in the CEECs by analysing the variations in farm performance in the Czech Republic a decade after the start of the transition process. It identifies seven clusters of farms that differ in their productivity and profitability usng data from 1998 and 1999. The analysis reveals that the vast majority of farms are unprofitable, and there is no strong evidence that individual farms perform better than corporate farms. In fact, there are large numbers of individual farms that are loss‐making on their agricultural activity with low factor productivity. Producer co‐operatives and limited liability companies suffer from debts inherited from the reform process. Future restructuring is likely to occur in all clusters rather than affecting just corporate farms.