This article examines the decision of farmers to sell part of their farm output on the market, using data from the Republic of Georgia. A two-level empirical model is used, in which endowments and resource allocation decisions determine farm output and non-farm income, and these in turn...

This paper analyzes structural transformation on Israeli family farms using longitudinal village-level data for the years 1992-2001, with particular emphasis on the effects of the 1985 debt crisis and the subsequent 1992 debt settlement legislation. Dynamic panel GMM estimation reveals a...

The income inequality implications of land reform are examined for the case of Georgia using regression-based inequality decomposition techniques. An egalitarian land redistribution is likely to equalize per-capita income among farm households, implying that continuing the land reform process in...

Migration patterns in Israeli agriculture have gone through different phases. Labor flowed into farming until the country became self‐sufficient in terms of food supply. Then, self‐employed farmers exited gradually while production continued to increase, destined for export markets. This...

On the example of a commercial microfinance institution (MFI) in Tanzania this paper investigates first whether agricultural firms have a different probability to get a loan and whether their loans are differently volume rationed than loans to non-agricultural firms. Second, we analyze whether...

The aim of this paper is the economic and financial condition of the test group of Agricultural Property Agency companies. We used horizontal and vertical analysis of profit and loss accounts and in-depth indicator analysis. We focus on the period 2001-2009, in view of the fact that it was a...

Foot and Mouth disease, like other epizootic outbreaks, can have wide and lasting impacts exceeding the agricultural field. Within Europe various ad hoc policies exist to cope with these consequences. In this paper we develop a dynamic CGE model allowing us to simulate a FMD outbreak, its...

Research within this paper was aimed to give picture of economic performance of the dairy industry based upon commonly used indicators calculated for each dairy plant in Bosnia and Herzegovina.In order to understand state of sector transition micro-level analysis was conducted on the basis of...

Asymmetries between the emerging capital and credit market in the Republic of Macedonia in addition to the restructure of the agricultural sector limit the agricultural companies’ financial decisions and their possibilities to profit. Considering capital market imperfections typically for...