With the 2008 EU's CAP reform the governance of the EU's dairy sector changes. This paper focuses on governance structures between dairy farms and milk processors. To get insight in regional differences within the EU, a literature research and interviews are conducted in three case study areas,...

Energy and agricultural commodities and markets have been examined extensively, albeit separately, for a number of years. In the energy literature, the returns, volatility and volatility spillovers (namely, the delayed effect of a returns shock in one asset on the subsequent volatility or...

I use the quasi experimental nature of the roll-out of the mobile phone network in Mozambique to estimate the impact of search costs on the dispersion of maize prices and transport costs. The introduction of mobile phone services from 1997 to 2009 explains a 4.5-11% percent reduction in price...

We investigate to what extent the roll-out of the mobile phone network in Mozambique reduced transport costs and search costs, and thereby decreased spatial price dispersion and improved market efficiency. Estimations are based on data of transport costs of maize grain and maize market prices....

We estimate to what extent bridges in Mozambique lead to transport cost reductions and attribute these reductions to key determinants, in particular road distance, road quality and crossing borders. For identification we exploit the introduction of a road bridge over the Zambezi river, in August...

Utilizing a price transmission approach, we focus on price relationships between the countries of the Commonwealth of Independent States (CIS) and how price changes on the world agricultural market are transmitted to the domestic CIS markets. In this study, we establish a unique price data set...

We measure the impact of search costs on farmers’ and traders’ transaction prices in Mozambique by investigating to what extent the introduction of mobile phones has affected the margin between recorded maize producer and retail market prices, and by exploring if producers or traders benefit...

We study the effect of warehouse receipt financing on terms of trade for farmers. With limited access to credit and storage facilities, farmers are compelled to sell their produce immediately after harvest at unfavourable prices. Warehouse receipt systems allow farmers to obtain loans with the...

The world markets for agricultural products are in a state of crisis. This is manifested in phenomena such as record surpluses, falling incomes for farmers and constantly increasing agricultural expenditure in a number of industrial countries while, at the same time, people go hungry in many...