@article{Kancs:51429,
      recid = {51429},
      author = {Kancs, d'Artis and Ciaian, Pavel},
      title = {Factor Content of Agricultural Trade: The Role of Firm  Heterogeneity and Transaction Costs},
      address = {2009},
      number = {1005-2016-79273},
      series = {Contributed Paper},
      pages = {32},
      year = {2009},
      abstract = {In this paper we study the determinants of the factor  content of the CEE agricultural trade. Examining  empirically three hypothesis, which relate cross-country  differences in technology, relative factor abundance and  transaction costs and market imperfections to the factor  content of trade, we find that the first two hypotheses are  confirmed by the majority of the developed EU countries,  but rejected by roughly one half of the CEE transition  country pairs. Second, we find that when accounting for  transaction costs of farm (re)organisation, both hypotheses  are confirmed by the majority of the CEE country pairs.  These findings provide empirical evidence of market  imperfections, and particularly, of transaction costs of  farm (re)organisation in the CEE.},
      url = {http://ageconsearch.umn.edu/record/51429},
      doi = {https://doi.org/10.22004/ag.econ.51429},
}