Showing 1 - 10 of 124
The aim of this paper is the evaluation of gross value added inequality in the field production businesses, including … the definition of determinants that cause or eliminate the mentioned inequality. The fulfillment of this aim is based on … the quantification and decomposition of the Gini coefficient and on quantification of random effects model. Panel data for …
Persistent link: https://www.econbiz.de/10011315992
Abolishing a nearly 50-year-old policy for rice price support, Korea adopted a new direct payment program in 2005. Making the transition to decoupled income payments has been governed by the need for operative and effective income safety nets and the WTO disciplines on domestic support. The...
Persistent link: https://www.econbiz.de/10009444970
We analyze the effects of the 2004 CAP reform and EU enlargement on European and world agricultural markets. We compare the results from a CAP reform only and a CAP reform plus enlargement scenarios to a no-enlargement baseline implementing Agenda 2000 CAP policies. We utilize the Food and...
Persistent link: https://www.econbiz.de/10009446209
This paper develops two stylised models of the transitional economy that challenge to some extent, the conventional approach to policy-reforms. In the first model, the absence of market-oriented institutions is responsible for the occurrence of a non-cooperative equilibrium, where the amount of...
Persistent link: https://www.econbiz.de/10009476835
Our main interest is the impact of the choice of the speed of economic reform on economic growth. We estimate a system of 3 equations where economic growth, economic reform and FDI are jointly determined. We find that new reforms affect economic growth negatively but attract FDI, whereas the...
Persistent link: https://www.econbiz.de/10009476841
In this article we introduce a decomposition of the joint distribution of price changes of assets recorded trade …-by-trade. Our decomposition means that we can model the dynamics of price changes using quite simple and interpretable models which …). 'Dynamics of trade-by-trade price movements: decomposition and models', Journal of Financial Econometrics, 1(1), 2 …
Persistent link: https://www.econbiz.de/10009441542
Ecology oriented and market related conceptof a decomposition economy in a circular economyIncreasing disposal problems …-cular economy.This is the background to examine the decomposition economy under the perspective of an ecology oriented approach as … well as a market based approach.This area was mainly chosen because of· the institutional integration of the decomposition …
Persistent link: https://www.econbiz.de/10009476168
countries and then to employ decomposition techniques. Using semiparametric methods, we construct counterfactual wage …
Persistent link: https://www.econbiz.de/10009477073
output level, a regional output decomposition method is introduced. The decomposition method is based on the interregional … technical coefficient and interregional trade coefficients. This decomposition approach highlights the significant role of trade …
Persistent link: https://www.econbiz.de/10009477905
The estimated parameters of output distance functions frequently violate the monotonicity, quasi-convexity and convexity constraints implied by economic theory, leading to estimated elasticities and shadow prices that are incorrectly signed, and ultimately to perverse conclusions concerning the...
Persistent link: https://www.econbiz.de/10009479528