The German Agricultural Society (DLG) manages a multi-round annual quality control scheme where wines undergo a blind, sensory testing procedure using a 5-point scale to determine superior quality wines worthy of an annual award (Bronze, Silver, Gold, and Gold Extra). We develop a hedonic model...

Food manufacturers have an incentive to include nutrient content claims, health claims, or other types of labeling statements on foods if they believe that consumers will be willing to pay more for products with specific attributes. We estimated semi-log hedonic price regressions for five...

The research analyzes the price transmission among the Costa Rican markets of cattle, beef and milk, accounting for asymmetric behavior and structural breaks. Monthly price data covering the first month of 1998 to the fourth month of 2008 were used. Price transmission between each market pair...

This paper deals with the social implications of ethanol expansion in Brazil. The evolution of the labor market in sugar cane production in the country is analyzed together with its regional patterns of expansion, to illustrate how the changes in the recent expansion are modifying the...

Israel’s imposition of military security measures in the Palestinian territories as a consequence of the long-lasting violent conflict yields depressing economic effects to all parties involved. One crucial implication is the limited ability to carry out trade which brings about welfare...

This paper studies how the internal structure of agriculture export markets and the level of competition affect poverty and welfare in rural areas in Africa. We develop a game-theory model of supply chains in cash crop agriculture between many atomistic smallholders and a few exporters. The...

Australian wool producers are being told that exchange rate have driven systematic fluctuation in the price of their wool at auction. This paper presents some key findings of a major collaborative study on the effect of exchange rates on Australian wool prices with the Economic Research Centre...

Motivated by recent EC proposals to “strengthen risk management tools” in the CAP in relation to farmers’ increased exposure to market price risk, this paper draws attention to a potential negative consequence of such a change in the CAP – an associated increase in cheating behaviour by...

More than two centuries ago in his Essay on the Principle of Population, Thomas Malthus famously issued his dire prediction that mankind was doomed to survival at a subsistence level. His concept of population growth expanding to absorb the available food supply has been roundly contradicted by...

Recent meat demand models incorporate demand functions for cuts of meat rather than whole carcasses. However, parameters for “meat quality” are seldom included in such models. Modelling difficulty arises as meat cuts are heterogeneous in their quality attributes. Meat quality may be assessed...