Since the 1997 Asian financial crisis, the monetary authority of Taiwan decreased the interest rate nine times and had every intention to maintain a loose monetary policy. However, the lending amounts to the construction industry decreased much more sharply in spite of an increased monetary...

This paper examines the relationship between return predictability and REIT characteristics. We build a multifactor model based on a set of firm-specific factors that include (1) Risk factors; (2) Liquidity factors; (3) Expensiveness; (4) Profitability; and (5) Return history. Our model...

Previous studies indicate that Colombian farmers make production decisions based on informal sources of information, such as family and neighbors or tradition. In this paper we randomize recipients of price and weather information using text messages (SMS technology). We find that relative to...

A key parameter determining the welfare impact from a world market shock is the transmission elasticity which measures the average domestic response to an international price change. Many studies have estimated price transmission elasticities for a large number of countries but the variation in...

This paper examines the state, drivers and, consequently, the impacts of agricultural mechanization in eleven countries in Africa. Using representative multistage stratified household survey data and robust analytical approaches, findings show light hand-held tools and equipment remain the main...

The main purpose of this study is to present and analyze a number of technical and economic indicators of Romanian agriculture during 2005-2016. The main indicators monitored are the land fund development, area and crop production, livestock and livestock production, number of agricultural...

The objective of this paper is to review new restrictions imposed on land sales in selected Eastern EU Member States and to investigate the potential impacts of these restrictions on land prices, transaction distortions, and access to land. The main common element of the new regulations across...

In this chapter, we review land market institutions in the European Union (EU) and their potential impact on land markets. We first review land tenure-/ownership regulations and find that they vary heavily across EU Member States. Four types of tenure-/ownership measures are implemented in the...