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THE ROLE OF SUCCESSOR IN CAPITAL ACCUMULATION IN POLISH FAMILY FARMS

Joanna Bereżnicka

Abstract


The aim of this work was to study the behaviour of farmers both with and without successors, within the scope of achieving economic profits and investment implementation. It was acknowledged that these two elements are the markers of capital accumulation in family farms. The research was conducted between the years 2004-2011 on a group of farmers aged over 50. Logit models showed that having a successor did not prejudge the ability to make an economic profit, but did however influence the farms’ investment level.

Keywords


Economic profit; family farm; investments; successor

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References


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DOI: https://doi.org/10.17770/lner2013vol1.5.1149

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