메뉴 건너뛰기




Volumn 35, Issue 1, 2008, Pages 75-91

Investment with weak contract enforcement: Evidence from Hungary during transition

Author keywords

Contract enforcement; Economic transition; Hold ups; Reforms

Indexed keywords


EID: 52449104382     PISSN: 01651587     EISSN: 14643618     Source Type: Journal    
DOI: 10.1093/erae/jbn001     Document Type: Article
Times cited : (28)

References (43)
  • 1
    • 84933491854 scopus 로고
    • Contract choice in modern agriculture: Cropshare versus cash rent
    • Allen, D., and Lueck, D. (1992). Contract choice in modern agriculture: Cropshare versus cash rent. Journal of Law, Economics and Organisation 35: 397-426.
    • (1992) Journal of Law, Economics and Organisation , vol.35 , pp. 397-426
    • Allen, D.1    Lueck, D.2
  • 3
    • 52449098852 scopus 로고    scopus 로고
    • Courts and contract enforcement in transition agriculture: Theory and evidence from Poland
    • Paper presented at the, South Africa, 16-22 August
    • Beckman, V. and Boger, S. (2003). Courts and contract enforcement in transition agriculture: theory and evidence from Poland. Paper presented at the IAAE Conference in Durban, South Africa, 16-22 August 2003.
    • (2003) IAAE Conference in Durban
    • Beckman, V.1    Boger, S.2
  • 4
    • 0001201270 scopus 로고
    • The existence of self-enforcing implicit contracts
    • Bull, C. (1987). The existence of self-enforcing implicit contracts. Quarterly Journal of Economics 102: 147-159.
    • (1987) Quarterly Journal of Economics , vol.102 , pp. 147-159
    • Bull, C.1
  • 5
    • 52449135296 scopus 로고
    • Econometric models and empirical findings for business investment
    • Chirinko, R. (1993). Econometric models and empirical findings for business investment. Financial Markets, Institutions and Instruments 2: 1-77.
    • (1993) Financial Markets, Institutions and Instruments , vol.2 , pp. 1-77
    • Chirinko, R.1
  • 8
    • 3543030426 scopus 로고    scopus 로고
    • Foreign direct investment, vertical integration, and local suppliers: Evidence from the Polish Dairy sector
    • Dries, L. and Swinnen, J. (2004). Foreign direct investment, vertical integration, and local suppliers: evidence from the Polish Dairy sector. World Development 32: 1525-1544.
    • (2004) World Development , vol.32 , pp. 1525-1544
    • Dries, L.1    Swinnen, J.2
  • 9
    • 52449133327 scopus 로고    scopus 로고
    • Foreign investment, supermarkets, and the restructuring of supply chains: Evidence from Eastern European dairy sectors
    • forthcoming
    • Dries, L., Germenji, E., Noev, N. and J. Swinnen (2008). Foreign investment, supermarkets, and the restructuring of supply chains: evidence from Eastern European dairy sectors. World Development (forthcoming).
    • (2008) World Development
    • Dries, L.1    Germenji, E.2    Noev, N.3    Swinnen, J.4
  • 10
    • 0039626490 scopus 로고
    • Working capital and fixed investment: New evidence on financing constraints
    • Fazzari, S. and Petersen, B. (1993). Working capital and fixed investment: new evidence on financing constraints. RAND Journal of Economics 24: 328-342.
    • (1993) RAND Journal of Economics , vol.24 , pp. 328-342
    • Fazzari, S.1    Petersen, B.2
  • 12
    • 52449096042 scopus 로고    scopus 로고
    • Foster, C. (1999). The impact of FDI in the upstream and downstream sectors on investment in agriculture in the NIS. In OECD (ed.), Agricultural Finance and Credit Infrastructure in Transition Economies. Paris: OECD Publications, 198-211.
    • Foster, C. (1999). The impact of FDI in the upstream and downstream sectors on investment in agriculture in the NIS. In OECD (ed.), Agricultural Finance and Credit Infrastructure in Transition Economies. Paris: OECD Publications, 198-211.
  • 13
    • 52449133869 scopus 로고
    • Finance, growth and public policy
    • Caprio, G, ed, Washington DC: The World Bank
    • Gertler, M. and Rose, A. (1992). Finance, growth and public policy. In Caprio, G. (ed.), The Impact of Financial Reform. Washington DC: The World Bank.
    • (1992) The Impact of Financial Reform
    • Gertler, M.1    Rose, A.2
  • 14
    • 0002006220 scopus 로고    scopus 로고
    • Transfers and distortions along CEEC food supply chains
    • Tangermann, S. and Banse, M, eds, European Union. Wallingford: CABI Publishing
    • Gorton, M., Buckwell, A. and Davidova, S. (2000). Transfers and distortions along CEEC food supply chains. In Tangermann, S. and Banse, M. (eds), Central and Eastern European Agriculture in an Expanding European Union. Wallingford: CABI Publishing, 89-112.
    • (2000) Central and Eastern European Agriculture in an Expanding , pp. 89-112
    • Gorton, M.1    Buckwell, A.2    Davidova, S.3
  • 15
    • 0032328219 scopus 로고    scopus 로고
    • Agribusiness restructuring, foreign direct investment, and hold-up problems in agricultural transition
    • Gow, H. and Swinnen, J. (1998). Agribusiness restructuring, foreign direct investment, and hold-up problems in agricultural transition. European Review of Agricultural Economics 25: 331-350.
    • (1998) European Review of Agricultural Economics , vol.25 , pp. 331-350
    • Gow, H.1    Swinnen, J.2
  • 16
    • 0034829354 scopus 로고    scopus 로고
    • Private enforcement capital and contract enforcement in transition economies
    • Gow, H. and Swinnen, J. (2001). Private enforcement capital and contract enforcement in transition economies. American Journal of Agricultural Economics 83: 686-690.
    • (2001) American Journal of Agricultural Economics , vol.83 , pp. 686-690
    • Gow, H.1    Swinnen, J.2
  • 17
    • 0033832867 scopus 로고    scopus 로고
    • How private contract enforcement mechanisms can succeed where public institutions fail: The case of Juhocukor
    • Gow, H., Streeter, D. and Swinnen, J. (2000). How private contract enforcement mechanisms can succeed where public institutions fail: the case of Juhocukor. Agricultural Economics 23: 253-265.
    • (2000) Agricultural Economics , vol.23 , pp. 253-265
    • Gow, H.1    Streeter, D.2    Swinnen, J.3
  • 19
    • 84934453985 scopus 로고
    • Property rights and the nature of the firm
    • Hart, O. and Moore, J. (1990). Property rights and the nature of the firm. Journal of Political Economy 98: 1119-1158.
    • (1990) Journal of Political Economy , vol.98 , pp. 1119-1158
    • Hart, O.1    Moore, J.2
  • 20
    • 0002308919 scopus 로고
    • Corporate structure, liquidity, and investment: Evidence from Japanese industrial groups
    • Hoshi, T., Kashyap, A. and Scharfstein, D. (1991). Corporate structure, liquidity, and investment: evidence from Japanese industrial groups. The Quarterly Journal of Economics 106: 33-60.
    • (1991) The Quarterly Journal of Economics , vol.106 , pp. 33-60
    • Hoshi, T.1    Kashyap, A.2    Scharfstein, D.3
  • 21
    • 84934564112 scopus 로고
    • Internal net worth and the investment process: An application to US agriculture
    • Hubbard, R. G. and Kashyap, A. (1991). Internal net worth and the investment process: an application to US agriculture. Journal of Political Economy 100: 506-534.
    • (1991) Journal of Political Economy , vol.100 , pp. 506-534
    • Hubbard, R.G.1    Kashyap, A.2
  • 22
    • 0004286548 scopus 로고    scopus 로고
    • Working Paper No. 45, European Bank for Reconstruction and Development EBRD, London: EBRD
    • Johnson, S., McMillan, J. and Woodruff, C. (1999). Contract enforcement in transition. Working Paper No. 45, European Bank for Reconstruction and Development (EBRD). London: EBRD.
    • (1999) Contract enforcement in transition
    • Johnson, S.1    McMillan, J.2    Woodruff, C.3
  • 23
    • 52449103987 scopus 로고
    • The theory of investment behaviour
    • Mittra, S, ed, New York: Random House
    • Jorgenson, D. (1971). The theory of investment behaviour. In Mittra, S. (ed.), Dimensions of Macroeconomics. New York: Random House, 161-178.
    • (1971) Dimensions of Macroeconomics , pp. 161-178
    • Jorgenson, D.1
  • 24
    • 0003112060 scopus 로고    scopus 로고
    • Do investment-cash flows sensitivities provide useful measure of financial constraints?
    • Kaplan, S. and Zingales, L. (1997). Do investment-cash flows sensitivities provide useful measure of financial constraints? The Quarterly Journal of Economics 112: 169-215.
    • (1997) The Quarterly Journal of Economics , vol.112 , pp. 169-215
    • Kaplan, S.1    Zingales, L.2
  • 25
    • 0030551184 scopus 로고    scopus 로고
    • Why hold-ups occur: The self-enforcing range of contractual relationships
    • Klein, B. (1996). Why hold-ups occur: the self-enforcing range of contractual relationships. Economic Enquiry 34: 444-463.
    • (1996) Economic Enquiry , vol.34 , pp. 444-463
    • Klein, B.1
  • 26
    • 0000827401 scopus 로고
    • Vertical integration, appropriate rents, and the competitive contracting process
    • Klein, B., Crawford, R. and Alchian, A. (1978). Vertical integration, appropriate rents, and the competitive contracting process. The Journal of Law and Economics 21: 297-326.
    • (1978) The Journal of Law and Economics , vol.21 , pp. 297-326
    • Klein, B.1    Crawford, R.2    Alchian, A.3
  • 27
    • 0009167334 scopus 로고    scopus 로고
    • Cash flow and investment: Evidence from internal capital markets
    • Lamont, O. (1997). Cash flow and investment: evidence from internal capital markets. The Journal of Finance 52: 83-109.
    • (1997) The Journal of Finance , vol.52 , pp. 83-109
    • Lamont, O.1
  • 28
    • 84928438232 scopus 로고
    • Transaction costs and organisation of production: Evidence from timber sales contracts
    • Leffler, K. and Rucker, R. (1991). Transaction costs and organisation of production: Evidence from timber sales contracts. Journal of Political Economy 99: 1060-1087.
    • (1991) Journal of Political Economy , vol.99 , pp. 1060-1087
    • Leffler, K.1    Rucker, R.2
  • 29
    • 0035583484 scopus 로고    scopus 로고
    • Production efficiency and organisation during transition: An empirical analysis of East German agriculture
    • Mathijs, E. and Swinnen, J. (2001). Production efficiency and organisation during transition: an empirical analysis of East German agriculture. The Review of Economics and Statistics 83: 100-107.
    • (2001) The Review of Economics and Statistics , vol.83 , pp. 100-107
    • Mathijs, E.1    Swinnen, J.2
  • 30
    • 0041031316 scopus 로고    scopus 로고
    • Interfirm relationships and informal credit in Vietnam
    • McMillan, J. and Woodruff, C. (1999). Interfirm relationships and informal credit in Vietnam. The Quarterly Journal of Economics 114: 1285-1320.
    • (1999) The Quarterly Journal of Economics , vol.114 , pp. 1285-1320
    • McMillan, J.1    Woodruff, C.2
  • 33
    • 67650519641 scopus 로고
    • Empirical research in transaction cost economics: A review and assessment
    • Shelanski, H. and Klein, P. (1995). Empirical research in transaction cost economics: a review and assessment. Journal of Law, Economics and Organisation 11: 335-361.
    • (1995) Journal of Law, Economics and Organisation , vol.11 , pp. 335-361
    • Shelanski, H.1    Klein, P.2
  • 34
    • 36849083921 scopus 로고    scopus 로고
    • Swinnen, J. F. M, ed, Wallingford: CAB International Publications
    • Swinnen, J. F. M. (ed.) (2007). Global supply chain, standards and the poor. Wallingford: CAB International Publications.
    • (2007) Global supply chain, standards and the poor
  • 36
    • 0002963088 scopus 로고
    • A theory of self-enforcing agreements
    • Telser, L. (1980). A theory of self-enforcing agreements. Journal of Business 53: 27-44.
    • (1980) Journal of Business , vol.53 , pp. 27-44
    • Telser, L.1
  • 37
    • 84977734564 scopus 로고
    • Debt, liquidity constraints and corporate investment: Evidence from panel data
    • Whited, T. (1992). Debt, liquidity constraints and corporate investment: evidence from panel data. The Journal of Finance 47: 1425-1460.
    • (1992) The Journal of Finance , vol.47 , pp. 1425-1460
    • Whited, T.1
  • 39
    • 0000763749 scopus 로고
    • Credible commitments: Using hostages to support exchange
    • Williamson, O. (1983). Credible commitments: using hostages to support exchange. American Economic Review 73: 519-540.
    • (1983) American Economic Review , vol.73 , pp. 519-540
    • Williamson, O.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.