This article investigates the Impacts on the rice industry of increased price variability caused by the shift from stable economic conditions and a farm policy of supply control m the sixties to more variable economic conditions and a market-oriented farm policy in the seventies, The increased...

We develop a new method for deriving minimal state variable (MSV) equilibria of a general class of Markov switching rational expectations models and a new algorithm for computing these equilibria. We compare our approach to previously known algorithms, and we demonstrate that ours is both...

The paper examines the causes of high regional unemployment in Germany, Spain and Italy, and identifies a number of areas where policy action is needed. Lower unemployment rates will not only depend on stability-oriented macroeconomic policies and a sufficiently flexible labour market, but also...

This paper examines the impact of FSA's (Financial Services Agency) recent policy changes on the efficiency and returns-to-scale (RTS) of Japanese financial institutions including banks, securities companies and bank holding companies. Three kinds of efficiency are investigated namely, technical...

This paper examines the behavioural impacts in an accounting environment arising from changes to government policy. Specifically, such impacts arose from a changed government policy that granted nationals or natives preferential access to training and promotion opportunities within the work...

Likely policy changes leading towards further liberalisation of the Common Agricultural Policy would certainly influence farmers’ income and revenue risks. Thus, a question arises both for farmers and for policy makers about possible effects and necessary adjustments that should be made to...

In the last decades, Italian southern-based mafia organizations have expanded their sphere of influences to the traditionally immune Northern regions. We empirically investigate the channels that favored the diffusion of southern Italian mafias to the northern Italian provinces. We focus our...

This paper investigates producer-consumer price volatility in four meat markets in Greece: beef, lamb, pork and poultry. The methodology followed in this paper to measure price volatility is that of the diagonal VEC (DVEC) model of Bollerslev et al. (1988) while that of decomposing the estimated...

This paper depicts the agricultural policy reforms and structural changes in Bangladesh from independence to the present times. Bangladesh agriculture has experienced major structural changes and achieved major successes over the last three and a half decades. Reforms began in the late 1970s and...

This paper examines the behavioural impacts in an accounting environment arising from changes to government policy. Specifically, such impacts arose from a changed government policy that granted nationals or natives preferential access to training and promotion opportunities within the work...