This paper considers the effect of Parker and Wine Spectator ratings on Swiss retail prices of thegrand cru classé of Médoc , Graves and St Emilion as well as the most renowned wines ofPomerol in a panel data setting. The application of a two-way fixed effects regression model todata of the...

The global hunger indices of 2008 and 2009 (Grebmer et al. 2008, 2009) point to persistently high levels of hunger and food insecurity and a worsening of the situation due to rising crop prices. At the same time, there is a lack of empirical knowledge on the demand- and supply-side determinants...

In this article we discuss the determinants of international agricultural market prices andpresent the results of a partial equilibrium model of international agricultural trade withinterconnected markets. The results of the model suggest that the long term trend of decliningreal agricultural...

This article reviews ways of representing the effects of decoupling in the EuropeanUnion (EU) on land allocation and production in eight selected simulationmodels (AGLINK, AG-MEMOD, CAPRI, CAPSIM, ESIM, FAPRI, GOALand GTAP). It then compares the simulated effects of decoupling and tracesthem...

Several empirical analyses of data from fed cattle markets have found anegative correlation between a region's weekly delivery volume of captive supply cattleand contemporaneous price in the local cash market. This negative correlation has beencited as evidence of a causal relationship between...

After controlling a variety of feeder cattle characteristics and market and sale conditions, weestimate the price premiums for preconditioning (vaccinations and minimum 30 days weaning)claims with and without third-party certification (TPC) as $6.15/cwt and $3.40/cwt, respectively,in Iowa feeder...

This paper analyzes the determinants of alternative automobile fuel regulation and developmentsupport with a particular focus on methanol fuel. We find that embedded interests, bureaucraticreforms, and political circumstances in the Chinese national, provincial, and municipalgovernments have all...

In Germany, solar thermal systems (STS) have only diused to a minor extentyet. This paper analyzes, which demand side factors are decisive for thefurther proliferation of this environmentally benign technology. Making use ofa consumer survey in North-West Germany in 2007, we examine the...

What would be the effect of CO2 pricing on global oil supply and demand? This paper introduces a model describing the interaction between conventional and non-conventional oil supply in a Hotelling framework and under CO2 constraints. The model assumes that non-conventional crude oil enters the...

We analyze the long-term impacts of large-scale expansion of biofuels on land-usechange, food supply and prices, and the overall economy in various countries or regions using amulti-country, multi-sector global computable general equilibrium model augmented with an explicitland-use module and...