Since 2000, the two important reforms of The EU Common Agricultural Policy (CAP)took place. The Agenda 2000 Berlin Agreement of March 1999 aimed to increase EUagriculture market orientation and focuses on the grain, oilseed, dairy and the beef sectors. Itreduced intervention prices in these...

We develop a two-stage, multinomial logit model of UK land use to investigate the impact of policychanges upon agriculture. The model utilizes a large panel database covering the entirety of Englandand Wales for 14 years between 1969 and 2004 integrated with the economic and physicalenvironment...

Benefit transfer entails using estimates of non-market values derived at one site as approximations to benefits at other sites. The method finds favour because it can be applied quickly and cheaply, however the validity of benefit transfer is frequently questioned. Published studies generally...

Includes cover page, journal info, contents page, and editorial information

This study examines the economic potential of producing a wheat (Triticum aesitivum) and grain sorghum (Sorghum bicolor (L.) Moench) rotation with three different tillage strategies compared to the Conservation Reserve Program (CRP) in a semi-arid region. This research uses stochastic efficiency...

This paper provides an opportunity for the reader to get an insight into the current modelling work atthe Research Institute for Agricultural Economics, Hungary (AKI). After giving a short summary ofthe applied econometric models in the past decade, our latest development, the farm group...