The paper investigates the choice between conventional and organic production technologies for individual farmers in Hungarian agriculture. We employ sequential logit model on a cross-section data set of Hungarian farmers for the period 2007. Our estimations reveal that age of farmers has...

In this study, an attempt is to figure out the institutional changes that initiate the agricultural commodity exchange (ACE). To assess the affecting factors, new institutional economics approach has been chosen. The framework consisting of four levels of social analysis introduced by Oliver...