ISSN 2284-7995, ISSN Online 2285-3952
 

ANALYTICAL FRAMEWORK OF THE CONTRACTS IN BULGARIAN AGRICULTURE – NEW INSTITUTIONAL ECONOMICS (NIE)

Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 24 ISSUE 2
Written by Minko GEORGIEV

This article analyzes the agricultural contract through the eyes of the NIE. The article has built its analytical framework on contracts in agriculture. This choice was dictated by the presence of more than 40 enumerated forms of the types of contracts, and the research realizes that such an enumeration is conditional and not exhaustive. The need to find specific forms of management of common resources - water, land; of general products - for example the "quality schemes" known by the CAP; the need for rapid deployment of specific technologies that are needed to derive synergistic benefits from ecology and agriculture; solving the food and farming problem. The agricultural contract is defined as a social category combining: ( ) a system of interconnected institutions, uniting common rules and contractual clauses; (2) market and non-market, contractual and non-contractual processes; (3) a hierarchical structure combining heterogeneous, hybrid economic mechanisms of exchange. Relying on the theory of Governance structure (GS) and the theory of the hybrid contract, the study matches the classical understanding of contract law and the procedural nature of the neoclassical organization, with the modern understanding of the economy as a system of contractual and non-market relations. A unified analytical toolkit is proposed for the subordination of relationships between companies, administrative hierarchies, hierarchies including arbitrators, in property rights disputes; market and non-market contracts, the hybridity of the technological process and the essence of the organization as a type of procedure.

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GEORGIEV M. 2024, ANALYTICAL FRAMEWORK OF THE CONTRACTS IN BULGARIAN AGRICULTURE – NEW INSTITUTIONAL ECONOMICS (NIE) . Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 24 ISSUE 2, PRINT ISSN 2284-7995, 447-456.

The publisher is not responsible for the opinions published in the Volume. They represent the authors’ point of view.

© 2019 To be cited: Scientific Papers. Series “Management, Economic Engineering in Agriculture and Rural Development“.

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