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Recent trends in the developments of the Common Agricultural Policy suggest an increasing attention towards rural development issues. On-farm processing may offer an alternative for diversification, income generation and rural development in the event of increasingly deregulated agricultural...
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Changes in EU agricultural policies towards additional focus on rural development issues raise questions regarding the economic impact of local/spatial competition. Traditionally, farmers have typically been price takers in markets for major agricultural products. This is, however, not...
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EU policies focus ever more on rural development initiatives. The horse sector provides some opportunities. An I/O model is used to examine the aggregate effects of the horse sector on Swedish agriculture. The maximal potential of the sector accounts for around 12% of the total contribution to...
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Optimal hedging strategies are analyzed for a cooperative operating a price pooling system in the presence of price and quantity risk. A three-period model, accounting for default risk and storage, is developed. Hedging allows the cooperative to increase the pool price offered to farmers by 2.8...
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Off-farm work improves and reduces the riskiness of household income. Theoretical analyses reveal that the level and riskiness of off-farm income affect demand for farm/nonfarm investments. A two-limit Tobit model is estimated using ARMS data for 1996-2003. The impact on investment behaviour is...
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This thesis focuses on the economics of changing farm-level production practices. It is recognised that many decisions made in a firm or a market are interrelated. Economic analyses aiming at predicting behaviour or recommending on alternatives for action need to account for these relations,...
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