The addition of commodities to financial portfolios and resulting weight adjustments may create volatility linkages between commodity and financial markets, especially during financial crises. Also, biofuel mandates are suspected to integrate agricultural and energy markets. We calculate...

In this workshop the participants identified five priority areas of concern relative to sustainable management of groundwater irrigation by farmers:1) aquifer drawdown; 2) FMIS groundwaterwater support services, 3) management problems under water-surplus conditions; 4) management problems under...

We estimate demand for food diversity in Central and Eastern Europe. Food diversity is a proxy for the quality of a diet and it is one of the measures of households’ food and nutritional security status. Using data from the Slovak Household Budget Survey, we estimate the impact of...

A recent study published by Murphy et al. (2005) reported results of a meta-analysis of hypothetical bias using 28 valuation studies. The authors found a median ratio of hypothetical to actual values of 1.35 but they did not investigate the ratio of scales of the hypothetical and actual value...

The paper investigates the determinants of cropland value in 12 selected Midwestern U.S.A. States in the years 1971- 2009. We adopt the Ricardian Present Value Model (PVM) as the theoretical framework, and therefore focus on the relationship between land value and cash rents, expecting to find a...

This paper analyses the effects of climate change and trade liberalization on Turkish Economy between 2008 and 2099 by using a recursive dynamic CGE model. Results of a crop-irrigation requirement model are used to generate climate change shocks. The results suggest that the effects of climate...

The paper describes results obtained investigating the problems of adaptation to climate change of Italian agriculture. It specify a choice process that explicitly considers that farmers base their planning on an awareness of the inherent variability in the climatic conditions of their...