During the last two decades West Bengal has led the rest of the country with regard to agricultural performance andimplementation of panchayat institutions. But these developments have begun to level out. At the same time the state hasfallen behind in other sectors – industry, higher education...

The paper analyzes the effect of agricultural tenancy laws offeringsecurity of tenure to tenants and regulating the share of output thatis paid as rent on farm productivity. Theoretically, the net impact oftenancy reform is shown to be a combination of two effects: a bargainingpower effect and a...

We analyze optimal contract choice in agriculture when there is joint moral hazard onthe part of the farmer in the supply of effort and the riskiness of the technique ofcultivation. In the presence of limited liability, high-powered incentive contracts such asfixed rental contracts will induce...

It is recognised that Small and Medium-sized Enterprises (SMEs) need to adapt and change toremain competitive in the rapidly changing business environment of the 21st Century. As withmany other industries this is evident in the Agri-food industry in Wales where Agrifood SMEscan attain a...

This paper provides an analysis of the economy and labour market of West Wales, which isdefined as Carmarthenshire, Ceredigion, and Pembrokeshire. Some key points emerging fromthis are:- the important but declining role of agriculture, the growing importance of tourism, theimportance of...

The paper considers the development of the Finance, Tourism and Agricultural industries, as the main sectors of business activity, in Jersey in the twentieth century. The development of the Finance industry (from the arrival of the first merchant bank in the 1960s to its present day standing...

Die Abschaffung der Milchquote im Wirtschaftsjahr 2014/2015 wird immer wahrscheinlicher(EUROPÄISCHE KOMMISSION, 2009). In diesem Zusammenhang wird aktuelldie Notwendigkeit einer Überarbeitung der vorhandenen Vertragssysteme stärkerdiskutiert. Einzelne Molkereien haben in den Bereichen...

We study identification in a class of linear rational expectations models. For any givenexactly identified model, we provide an algorithm that generates a class of equivalentmodels that have the same reduced form. We use our algorithm to show that a modelproposed by Jess Benhabib and Roger...

[...]Jeder Handelsbetrieb muss sich gegenüber seinen Mitbewerbern und Abnehmern abgrenzenund positionieren. Dies gilt in besonderer Weise für die Unternehmen desViehhandels, der durch das Nebeneinander von privatem und genossenschaftlichemViehhandel geprägt ist. Die Positionierung von VVO im...