In this paper the impact of the introduction of the Euro on the vertical price transmission in German food markets is analyzed. It is hypothesized that following the introduction of the Euro the presence of money illusion might have lead to higher real prices, and if so it is likely accompanied...

Since 2000 Germany has introduced a fairly unique market mechanism to trade milk quotas between dairy farms. The two major features are: (1) a quasi auctioning system that produces excess demands which are covered by state reserves free of charge and (2) a price band that is used to exclude...

Price promotions are important marketing activities for (food) retailers; brand loyalty is a major requisite to foster brands' assets. Several theoretical papers have analyzed the relationship between price promotions and brand loyalty resulting in mixed or perhaps contradictory outcomes; only a...

Only a few studies have analysed staggering and synchronisation in pricing behaviour of multi-product firms. These studies used low-frequency data in an environment of high rates of inflation. This paper investigates staggering and synchronisation of weekly prices for ten food products in 131...

The paper aims at analyzing the potentials for reducing income risk and income variation for slaughter hog producers in Germany and Holland by participating at futures markets in Amsterdam or Hannover. The relative market and hedging efficiency for the Amsterdam stock exchange markets is tested...

During recent years, the number of farms able to generate satisfactory income from agricultural production has continuously decreased in advanced economies. The main reasons are the implementation of the Common Agricultural Policy of 1992 and the increasing capitalization of the primary sector....

Seasonal variations of the price premium for bread and feed wheat indicate opportunities to profitably adjust grain marketing strategies of farmers that harvest (and store) both qualities. We estimate the seasonal pattern of price premiums on the German market using a vector error correction...

There are many reasons for the evolution of super-farms in some of the CIS. This paper does not intend to elaborate on the whole set of reasons. There are already many studies which provide surveys on the background and the rationale of these organisations. This paper aims at focusing on one...

The objective of the paper is to survey the state of knowledge of economists and agricultural economists at the onset of transition and seventeen years later. The "standard" economic reasoning in the early nineties were based on neoclassical economics and documented was has been termed the...