In this paper a view is advanced that explains why the transition to markets did not always lead to the outcomes predicted by the Washington Consensus type strategies. Institutional portfolio theory is used to define a myriad of interests and goals of a transition economy. A model is developed...

During these last years, Algeria, like some other developing countries is undergoing important institutional changes. The structural adjustment plan (1990s), and the association agreement signed with the European Union (2005) are some of political tools that guide these profound changes that...

This paper investigates the strategies adopted by economic actors in the context of an institutional change. We base ourselves on data collected as part of an exploratory study in the sugar and fresh vegetable supply chains in Mauritius. The reform of the sugar protocol between the European...

In the paper, a dynamic model of diffusion of genetically modified crop technology is developed and simulated using the U.S. soybean market data. The model accounts for factors specific to agricultural markets, such as oligopsony power and strategic interaction among crop processors, growers'...

The objective is to present the economic impact of producers adopting Bt cotton and the rapid diffusion on the main producing countries: USA, China and India. The existing literature about this type of transgenic crop has been revised and the results of different research are presented. Bt...

An important determinant of ecosystem services provision from European farmland is the amount and spatial arrangement of trees, shrubs, and woodlands that are integrated into the respective land use systems. Farm trees are considered ‘keystone structures’ of agroecosystems because of their...

The paper examines the contribution of technological change to changes in technical efficiency and TFP (Total Factor Productivity). The results show that the technological change did not contribute significantly to the development of efficiency in all analyzed sector. However, the distribution...

Overall wine consumption in Spain is decreasing while, at the same time, Designation of Origin (DO) wine consumption is increasing gradually. This study examines Spanish DO wine consumer behaviour through stated preferences (SP) and revealed preferences (RP) data. Part-worth utilities are...

Fish and seafood products represent a very healthy food, low in saturated fats and offer an excellent source of protein essential for our health. However, very often, consumer behaviour would seem to infer that seafood products do not rank particularly highly in terms of preference, this being...