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...

Recent developments in international trade theory give growing emphasis to the quality of the exported products, showing that it affects both the direction of trade and the countries’ export performances. However, as quality is unobservable, a measurement problem clearly emerges. In this paper...

The aim of this paper is to assess the causal impact of trade policy distortions on food security. This is an hot issue since restrictions to agricultural trade have been generally applied by national governments, especially in developing countries, as a tool to insulate domestic markets from...

The recent Common Agricultural Policy reform (CAP14) at the European level links the granting of aid to farmers to adhering to environmentally-friendly farming practices. It therefore becomes important to assess the overall effectiveness of such a policy by taking into account different economic...

Genetically Modified Organisms (GMOs) have been a controversial topic in recent years: while the scientific community has largely accepted the validity and safety of using this biotechnology in the food industry, public opinion still shows a certain suspicion and fear. The legislator is...

Food commodity prices fluctuations have important impacts on poverty and food insecurity across the world. Conventional models have not provided a complete picture of recent price spikes in agricultural commodity markets, while there is an urgent need for appropriate policy responses. Perhaps...