Institutional problems of pig meat sector in the Czech Republic

Abstract

Abstract:The paper deals with the institutional problems in the pig meat sector in the Czech Republic. The information was obtained in the frame of Project PHARE-ACE P97-8098-R "Institutional Economics in the Agri-Food Business: How can Structural Policy Help to Integrate EU?" The research was performed in year 2000 by means of a questionnaire method and a method of interviews with managers of individual entities in the food chain of pig meat sector. Problems of the execution of property rights in supplier-customer relations in the Czech pig meat sector are the following (institutional view): poor enforceability of property rights, sale for cash, refraining from long-term contracts, decrease of trust between business partners and trust in legal institutions, increase of transaction costs, lack of business ethics etc.