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Comparative and absolute competitiveness of governing structures in Bulgarian farming

Author

Listed:
  • Bachev, Hrabrin
Abstract
The farm is an abstract category in Economic theory for describing agents managing farming activity, while the real governing structures are farms of different juridical types. Farm’s competitiveness is inadequately assessed through technical and accountancy efficiency, factors’ productivity, profitability, market shares, etc. because critical governance aspects are ignored. Article suggests a holistic framework for assessing farm’ competitiveness taking into account economic, financial and governance efficiency, and evaluates absolute and comparative competitiveness of governing structures of Bulgarian farming. The assessment system includes four pillars, four criteria, 17 particular and 5 integral indicators. The first in-kind evaluation, based on survey data, found that the competitiveness of Bulgarian farms is good. The competitiveness of cooperatives is highest, followed by corporations and associations, sole traders, and physical persons. Critical for competitive positions of farms are: low productivity, income, financial security, and adaptability to natural environment, where public support and farms’ management strategies should be directed. Large shares of the country’s farms have low competitiveness, and if measures are not taken to improve management, restructuring, state support, etc., many farms will cease to exist in the near future. In some cases, other characteristics of governing structures like size, specialization, market orientation, and ecological location, are critical for determining competitiveness level.

Suggested Citation

  • Bachev, Hrabrin, 2023. "Comparative and absolute competitiveness of governing structures in Bulgarian farming," MPRA Paper 118687, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:118687
    as

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    File URL: https://mpra.ub.uni-muenchen.de/118687/1/MPRA_paper_118687.pdf
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    References listed on IDEAS

    as
    1. Hrabrin Bachev, 2011. "Needs, Modes and Efficiency of Economic Organizations and Public Interventions in Agriculture," Review of Economics & Finance, Better Advances Press, Canada, vol. 1, pages 89-103, June.
    2. Giaime Berti & Catherine Mulligan, 2016. "Competitiveness of Small Farms and Innovative Food Supply Chains: The Role of Food Hubs in Creating Sustainable Regional and Local Food Systems," Sustainability, MDPI, vol. 8(7), pages 1-31, July.
    3. repec:bas:econth:y:2013:i:1:p:29-55 is not listed on IDEAS
    4. Michael E. Sykuta & Michael L. Cook, 2001. "A New Institutional Economics Approach to Contracts and Cooperatives," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(5), pages 1273-1279.
    5. Bachev, Hrabrin, 2014. "Environmental Management in Agriculture – Case of Bulgaria," MPRA Paper 59054, University Library of Munich, Germany.
    6. Hrabrin Bachev, 2014. "Environmental management in agriculture," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 29-55,56-79.
    7. Bachev, Hrabrin, 2014. "Environmental management in agriculture - mechanisms, forms and efficiency," MPRA Paper 99852, University Library of Munich, Germany.
    8. Bachev, Hrabrin, 2010. "Governance of agrarian sustainability," MPRA Paper 99867, University Library of Munich, Germany.
    9. repec:bas:econth:y:2013:i:1:p:56-79 is not listed on IDEAS
    10. Falciola, Justine & Jansen, Marion & Rollo, Valentina, 2020. "Defining firm competitiveness: A multidimensional framework," World Development, Elsevier, vol. 129(C).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    competitiveness; governance; production; financial; and governance pillars; agricultural farms;
    All these keywords.

    JEL classification:

    • Q11 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Aggregate Supply and Demand Analysis; Prices
    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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