Since the work of FEENSTRA (2002), the standard ANDERSON & VAN WINCOOP (2003) Gravity Model has been estimated using a fixed effects approach. However, a fixed effects approach has a major drawback: it does not allow for the estimation of exporter- and importer-invariant variables. Thus,...

[Einleitung und Lernziele] Die Volatilität der Preise auf Agrarmärkten hat über lange Jahre kaum Aufmerksamkeit in der europäischen Agrarpolitik erfahren. Erst seit etwa zwei Jahrzehnten erhält dieses Thema auch in der EU wieder Aufmerksamkeit. Auf der internationalen Ebene hingegen war die...

With this paper, we provide the first quantitative investigation of vertical price transmission inthe biodiesel supply chain in Germany with the focus on the developments during the foodcrisis and the impact of subsidized US biodiesel exports. With the strong promotion of theproduction and use...

The 2003 reforms of the Common Agricultural Policy of the Euro-pean Union allowed for discretionary implementation among member states. Discretion was allowed with respect to the timing and the degree of decoupling of policy support. Differences among member states were particularly apparent in...