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...

While the recent commodity price crisis brings questions regarding the general developement path of the CAP since 1992, this paper envisages returning to Rooseveltian recipes, after modernization.

This report provides an English summary of the Landbouw-Economisch Bericht 2005. It presents a survey of the economic state of Dutch agribusiness. First, attention is paid to general economic and political developments and to the development of the agricultural complex. Next, the report deals...

This 2008 report provides an economic overview of the Canadian agriculture and agri-food system. It is meant to be a multi-purpose reference document to provide: an introduction to the agriculture and agri-food system; a snapshot of structural changes that are occurring throughout the system in...

Most foodstuffs have quality attributes that are difficult to determine prior to purchase. Thus quality assurance is an inherent problem in food exporting. Private quality assurance can succeed if exporters can credibly signal that they have much to lose from cessation of purchases. If exporters...

The Report commenced, appropriately, by addressing the federal contract within which Australian agricultural policy is set. The Australian Constitution limits what can be done by the Commonwealth and State Governments and establishes procedures for settling arguments about where jurisdictions...

Why would a common contract law be optimal for the member states of the European Union? The main reason is that it would be much cheaper to set up contractual relations. If somebody conducts economic activities in the European Union, and if the same regulations apply everywhere, this unity can...

New revenue-based support programs in the 2008 Farm Bill represent a fundamental shift in farm programs and risk management decision-making. However, complexity, uncertainty, economics, and, arguably, an incomplete analysis of the new Average Crop Revenue Election (ACRE) program all contributed...

A feature of the research contribution of Konrad Hagedorn is his proposals for the integration of economic, social and political dimensions of agricultural policy. His wholistic approach involves, in part, an extension of new institutionalism to public policy. This article identifies a number of...

Kína a mezőgazdaság átalakítása terén is elindult azon az úton, amely a WTO-csatlakozás után megkövetelt piacgazdasági környezet kialakítását célozza. A ko-rábbi központi vezérlésű gazdaságirányítás mind a belföldi, mind a külföldi kap-csolatokban lényegesen...