SHIFT TO INDIVIDUAL FARMING AND THE PRODUCTIVITY GROWTH OF TRANSITION AGRICULTURE
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We analyze the impact of individualization on productivity growth within an augmented neo-classical growth model framework. Our estimation results using a panel data covering 15 transition countries over the period 1990-2001 and applying a GMM-IV estimator support the view that the shift to individual farming, as well as the overall economic reforms, have positively contributed to the productivity growth of transition agriculture.
