Within a higher-dimensional incomplete specialization Heckscher-Ohlin framework, we first develop a gravity model that views bilateral gravity equations as statistical relationships constrained on countries’ multilateral specialization patterns. Second, we test our model empirically by using a...

In this paper, we present evidence on the statistical features of observed dispersion in HICP inflation rates in the Euro area. Our descriptive exercise shows that there is still a remarkable dispersion of HICP inflation rates across the member countries. We find that most of dispersion...

Determining the competitive position of dairy farms depends on several technological, economic and institutional variables. Among them, are remarkable those related to animal feeding in the current context of high variability on prices. In this context, the aim of our study is to analyze the...

We analyse the determinants of off-farm labour participation of farmers. For estimation, we use different dynamic models, accounting for both heterogeneity and state dependence, as well as for the initial conditions. Our results suggest that, when keeping into account all these features, the...

This paper provides a quantitative assessment of the effects of input and output prices on French GHG emissions from agriculture, forestry and other land use (AFOLU) at the NUTS2 level. Reduced-form, random-effect spatial error models are estimated for four emissions categories (nitrogen use,...

By combining and extending the previous literature, we develop and test a gravity specification that views bilateral gravity equations rooted in a Heckscher-Ohlin framework as statistical relationships constrained on countries’ multilateral specialization patterns. According to our results,...

In this paper we analyze the evolution of firm financial efficiency in the Czech Republic. Using a large panel of more than 400,000 Czech firm/years we study whether firms fully utilize their resources, how firm financial efficiency evolves over time, and how firm financial efficiency is...

This research focuses on the effect of decoupled payments on labour supply of Dutch dairy farmers. Data availability leads to the fact that we can not estimate structural labour supply equations. We show how to derive reduced form equations suitable for policy simulations. We use the panel data...

We analyze the effect of ownership on post-privatization performance in a virtually complete population of medium and large firms privatized in a model large-scale privatization economy (Czech Republic). We reject the hypothesis that domestic or foreign private ownership, in either moderate or...

Farm planning generally focuses on optimal diversification with respect to risk and uncertainties, where the risk-management strategies combine production, marketing, financial and environmental responses of the production of farm firm. In this study an empirical examination of farm...