As the economic viability of small farms continues to be an issue facing policy makers and economists alike, a market orientation may be a valuable resource producers can develop as they compete in a marketplace dominated by larger firms. Marketing and strategy scholars have long established the...

This paper analyses empirically the effect of "hold-ups" on capital investment in farms using a sample of 318 Hungarian enterprises, surveyed over 1997. A negative relationship arises between capital investment and the incidence of hold-up behaviour. This relationship is affected by farm's...

In the last years European farmers have been facing two new phenomena: the asymmetric price transmission in agro-food sector and the decrease of agricultural value added. The European Commission denounced low transparency in trade relationships and frequent unfair commercial practices between...

This article highlights the interaction between social capital, pooling and quality premiums and their influence on cooperative members’ decisions regarding their product quality. A necessary condition for cooperative equitable principles such as complete pooling is that there exists a high...

In agro-food enterprises from Romania, management of risk control is seen as a dynamic process that, in order to work involves a cycle that incorporates risk identification, assessment, administering and verification. Risk management is closely related to the performance management, so that it...

Gravity model of trade has emerged as an important and popular model in explaining and predicting bilateral trade flows. While the theoretical justification is no longer in doubt, nonetheless, its empirical application has however generated several unresolved controversies in the literature....

With the Doha Round of negotiations having come to a standstill, more countries opt for preferential trade agreements with only a limited number of partners. Starting two recent negotiations, the Trans-Pacific Partnership and the EU-US trade deal, might mark the beginning of a new era in...

Croatia joined the European Union (EU) on July 1st, 2013. This paper assesses the likely effects of this accession on the agricultural and food sectors, and analyses the impact on the EU, Croatia and their main trading partners. It considers both the harmonization of Croatia's trade instruments...

The raspberry is one of the most important export products of Serbia. According to FAO data about 80,000 tons of raspberry are exported annually from Serbia with a total value of 165 million USD (2011). That is why the Republic of Serbia is one of the major exporters of this product. Raspberries...

The objective of this paper is to study the effect of agricultural policies on marketing decisions as well as the link between marketing and production decisions. We develop an analytical model to study how policies affect marketing decisions and conditions under which the two types of decisions...