Abstract
From the end of the nineteenth century until the 1940s Bulgarian agriculture was characterized mainly by owner-occupied, small-scale, fragmented farms. After 1946 these farms were collectivized until, in 1991, a program for land restitution was implemented with the objective of restoring property to some 1.7 million individual claimants. This complex process is expected to facilitate the re-emergence of a land market, with consequent reallocation of agricultural resources under new systems of tenure. On current evidence, however, trade in agricultural land is being impeded by the absence of secure legal title, high transaction costs of matching buyers with sellers, and problems in assessing land’s real economic worth. Continued uncertainty is expected to make leasing rather than sale characteristic of land transactions for at least the next decade. Transactions recorded to date are frequently on the basis of informal, short-term leases. The government can facilitate the emergence of an efficient land marketing system but cannot, and should not, manage it.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
AMIS, 1993. Report on the Census of New Farming Units. EC PHARE Programme, July.
Cheung, S.N.S., 1969.The Theory of Share Tenancy: With Special Application to Asian Agriculture and the First Phase of Taiwan Land Reform.The University of Chicago Press, Chicago.
Crampton, R.J., 1983.Bulgaria 1878–1918.Columbia University Press, New York.
Currie, J.M., 1981.The Economic Theory of Agricultural Land Tenure.Cambridge University Press, Cambridge, England.
Ellis, F., 1988.Peasant Economics: Farm Households and Agrarian Development.Cambridge University Press
Cambridge, England., Ghatak, S. and Ingersent, K., 1984.Agricultural and Economic Development.Wheatsheaf Books, Sussex, England.
Jackson, M., 1993. Notes on: Formation of Land Markets in Bulgaria and Their Present and Likely Future Impact on Agricultural Activity. Agricultural Policy Analysis Unit, Bulgarian Ministry of Agriculture. Unpublished.
Johnson, D.G., 1950. Resource Allocation Under Share Contracts,Journal of Political Economy, 58 (2), pp. 111–123.
Jones, D.W., 1982. Location and Land Tenure,Annals of the Association of American Geographers, 72(3), pp. 314–331.
Kopeva D., 1993. Results of Survey in Kyustendil Region. Agricultural Policy Analysis Unit, Bulgarian Ministry of Agriculture. Unpublished.
Lines, A., Halsey, L., and Saeva, S., 1993.What is the Value of Land in the Kyustendil Region?Kyustendil Fruit Growing Institute, Bulgarian Agricultural Academy, Sofia, Bulgaria.
Minkov, T., 1960.Land Rent in Bulgaria During Capitalism.Science and Art Publishing House, Sofia, Bulgaria.
Mishev, P. and Kopeva, D., 1993. Expected Patterns of Land Leasing in Bulgaria in the Next Ten Years. Paper presented at a workshop of the AFRC-PHARE Programme and American Leading Project. September, Sofia, Bulgaria.
Newbery, D.M.G., 1975. The Choice of Rental Contract in Peasant Agriculture. In: L.G. Reynolds (Ed.),Agriculture in Development Theory, pp. 109–139, Yale University Press, New Haven.
Newbery, D.M.G. and Stiglitz, J.E., 1979. Sharecropping, Risk Sharing and the Importance of Imperfect Information. In: J.A. Roumasset, J.M. Boussard, and I. Singh. (Eds.),Risk,Uncertainty and Agricultural Development, pp. 311–339. Agricultural Development Council, New York.
Trendafilov, R., 1993. Development of the Agrarian Reform. Institutes of Agricultural Economics, Sofia, Bulgaria. Unpublished.
Winters, D.L., 1974. Tenant Farming in Iowa, 1860–1900: A Study of the Terms of Rental Leases,Agricultural History, 48 (1), pp. 130–150.
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 1994 Springer Science+Business Media New York
About this chapter
Cite this chapter
Bishop, S., Howe, K., Kopeva, D., Mishev, P. (1994). Land Markets and Tenure. In: Schmitz, A., Moulton, K., Buckwell, A., Davidova, S. (eds) Privatization of Agriculture in New Market Economies: Lessons from Bulgaria. Natural Resource Management and Policy, vol 6. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-1388-5_4
Download citation
DOI: https://doi.org/10.1007/978-94-011-1388-5_4
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-010-4608-4
Online ISBN: 978-94-011-1388-5
eBook Packages: Springer Book Archive