A stochastic computer simulation model is used to estimate disaster payments under the Agriculture and Consumer Protection Act of 1973. The model uses a random yield generator and actuarial techniques. Simulated payments under 1976 program parameters and stochastic yields are estimated at $300...

The history of the reforms of the assistance given to Australian agriculture over the past fifty years is a remarkable story, especially when contrasted with the experiences of most other OECD countries. The effects of these reforms have been captured by the Productivity Commission (and its...

This paper examines the USDA price estimates of rice, wheat, and soybeans and whether spot commodity prices reflect price information embodied in USDA estimates. Results indicate that the monthly USDA estimates are failed to meet a rationality condition. Rice and wheat actual prices marginally...

The paper reviews seven partial equilibrium global models used over the last 10 years to the analysis of the Common Agricultural Policy (ESIM, FAO-WFM, FAPRI-CARD, MISS, SPEL/EU, SWOPSIM and WATSIM). The discussion starts from the basic modelling assumptions, the data and parameters employed, by...

The paper reviews the econometric models used in the past 10 years to analyse the most widely used agricultural policy instruments. The main aim of the paper is to provide the reader with an overview of these models, analysing the technical solutions adopted, the type of results that can be...

The paper presents an application of the new version of the 'Decision Support for Irrigated agriculture' DSIrr designed to integrate water and agricultural policy analysis and to support participatory decision process. The tool is a scenario manager for bio-economic farm models considering...

Econometric models wishing to estimate relevant parameters for agricultural policy analysis are increasingly relying on unbalanced panels of farm-level data. Since in the agricultural economics literature such models have often been estimated through simplified approaches, in this paper we try...

Micro-econometric models have become a standard and powerful tool in analysing agricultural policies. In this paper we assess the contributions that have been made in the agricultural economics literature to dynamic microeconometric models of firms and households that are estimated using...

The aim of this paper is to carry out a comparative analysis of alternative methods on constructing composite indicators to measure global sustainability of the agricultural sector. This comparison is implemented empirically on the irrigated agriculture of the Duero basin (Spain) as a case...

This poster proposes a new procedure in agriculture supply modelling by the positive mathematical programming (PMP) approach. This approach is now widely used in last CAP reform simulations. However, simulation behaviour and performances of PMP procedures depend of the way parameters of the non...