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Despite some recent criticisms, the conventional radial distance function, which treats undesirable by-products as either frontier shifters or inputs, remains a popular go-to formulation of polluting production processes among practitioners. This unfading popularity is arguably driven by the...
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This paper analyzes the evolution of Swiss farm productivity during the implementation of environmental policy reforms. We employ a production model formulation with technology parameters defined as the functions of subsidies, as well as individual farm characteristics. Our estimates for two...
Persistent link: https://www.econbiz.de/10008539739
We present an approach that pursues an adequate representation of product transformation possibilities for a technology generating, in addition to marketed (good) products, some environmentally detrimental non-marketed byproducts (bad outputs). As the shadow price of a non-marketed output...
Persistent link: https://www.econbiz.de/10011125188
Limited budget for the purchase of variable inputs might adversely affect producer's input use decisions and might result in a non-optimal input usage. If expenditure constrains are present and binding, unconstrained profit-maximization is not valid for modelling producers' input use decisions....
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This discussion paper considers insurance as a possible instrument of farm income stabilization and compares several crop insurance products with respect to their applicability in a transition economy using the case of Kazakhstan. The analysis is based on a qualitative evaluation as well a...
Persistent link: https://www.econbiz.de/10010299333
Risk plays an important role in agricultural decision-making, particularly in those regions that are remarkably exposed to natural hazards and underdeveloped input and output markets. This is especially true for crop production in CIS countries where many farms have to deal with low liquidity...
Persistent link: https://www.econbiz.de/10010299344
This Discussion Paper contains the greater part of the contributions to the Young Scientists Workshop on Agricultural Development in Central and Eastern Europe (IAMO, September 4-5, 2006). After last years' positive response, the workshop has been organized for the fourth time and has a solid...
Persistent link: https://www.econbiz.de/10010299357
Эта публикация является нашим ответом на многочисленные вопросы и желание коллег из стран СНГ получить больше информации об актуальных тенденциях раз- вития...
Persistent link: https://www.econbiz.de/10010299407