Original article Macroeconomics and Monetary Economics

THE IMPACT OF THE INSTITUTIONAL ENVIRONMENT ON AGRARIAN SUSTAINABILITY IN BULGARIA

Hrabrin Bashev - Institute of Agrarian Economics
Received: 08 Jun 2022
Revised:
Published:
Downloads: 0
Citations: 0
Issue 4/2018
JEL Q12 Q13 Q18 L22 L33 L51 D23 E61 H23 L14
DOI https://doi.org/10.56497/etj1863401

Abstract

The specific system of governance is a critical factor, which to a great extent (pre)determines the type and speed of development in different countries, industries, regions, communities, etc. This article applies the New Institutional Economics framework (which is interdisciplinary and combines Economics, Organization, Sociology, Law, Political and Behavioral Sciences) and assesses the specific effects of the major components of the “external” institutional environment on the agrarian sustainability level in Bulgaria in different administrative, geographical and ecological regions, subsectors of agriculture and farms of various juridical type and size.

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