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determined. This system of equations, written in a dynamic and error-correction form (VECM), substitutes the usual price …
Persistent link: https://www.econbiz.de/10005802956
This paper aims to provide a flexible methodological framework to estimate import demand models, which explicitly considers the stochastic properties of data and the endogenous/exogenous nature of some variables. The French imports of virgin olive oil have been used as a case study with Spain,...
Persistent link: https://www.econbiz.de/10005220460
To explain over- and underuse of available quota, Buysse et al. (2007) have integrated the shadow cost of the quota constraint in a quota flexibility function in a positive mathematical programming model. This method and central hypothesis, formulated and tested for the case of Belgian sugar...
Persistent link: https://www.econbiz.de/10005321081
Using a CGE model calibrated on Scottish data, this paper examines two important issues related to evaluating impacts of the Single Farm Payment. These are specification of product transformation functions and investigation into supply elasticity parameter. Simulation results from a standard CGE...
Persistent link: https://www.econbiz.de/10005802948
A simple but new theoretical approach is used to analyse ex-ante the impact of tariff reduction. This methodology is based on the assumption of a constant price relation between each direct substitutable product. No elasticities are needed, but accurate import and domestic prices of the most...
Persistent link: https://www.econbiz.de/10005522118
Micro-econometric demand modelling has been receiving an increasing attention in empirical research, mainly due to the increasing availability of micro-data. In this paper we provide a review of some relevant market and policy issues that can be analysed with the use of micro-data on demand....
Persistent link: https://www.econbiz.de/10005476486
This paper provides an opportunity for the reader to get an insight into the current modelling work at the Research Institute for Agricultural Economics, Hungary (AKI). After giving a short summary of the applied econometric models in the past decade, our latest development, the farm group model...
Persistent link: https://www.econbiz.de/10005476503
, we use vecto error cointegration Mechnism (VECM) to test the relationship between three selected vegetable oil prices in …
Persistent link: https://www.econbiz.de/10005038804
Current thoughts on CAP changes, e.g. the "Health Check", emphasize the necessity to move away from payments based on historical receipts towards a "flatter rate" system. The aim of current research is to simulate the impact of a flat rate system (equal payments per hectare of cultivated land)...
Persistent link: https://www.econbiz.de/10005220459
For models to have an impact on policy-making, they need to be used. Exploring the relationships between policy models, model uptake and policy dynamics is the core of this article. What particular role can policy models play in the analysis and design of policies? Which factors facilitate...
Persistent link: https://www.econbiz.de/10005321061