This study examines the effect of financial factors on the sugar market by using Generalized Autoregressive Conditional Heteroskedasticity (GARCH) models. The results show that changes in capital and energy markets returns have a positive impact on the mean returns of Sugar futures as opposed to...

This study examines the effect of financial factors on the sugar market by using Generalized Autoregressive Conditional Heteroskedasticity (GARCH) models. The results show that changes in capital and energy markets returns have a positive impact on the mean returns of Sugar futures as opposed to...

The dynamic nature of changes in the macroeconomic environment and various views of Member States on the future of the Common Agricultural Policy in the European Union cause that its shape is usually a result of various forces and factors. They are both, exogenous, related to the situation on...

Central institutions of the European Union and academic circles in some of the EU countries have launched works that enable to outline the Common Agricultural Policy for the next EU financial perspective. Based on analyses of the official Polish and EU documents and studies prepared by...

This paper deals with the analysis of the impact of credit rationing on the farmer's economic equilibrium and the analysis of different policy scenarios in a derived neoclassical adjustment cost framework. The theoretical model is an optimal dynamic investment model, in which the upper bound on...

Die Mitgliedstaaten der EU gewährten 2010 Agrarbeihilfen in Höhe von 10,3 Mrd. Euro. Die derzeitige Rahmenregelung zur Kontrolle von Agrarbeihilfen läuft im Dezember 2013 aus und muss für 2014 bis 2020 neu gefasst werden. Dies bietet die Gelegenheit einer Neuausrichtung. Die Autoren...

We analyze the determinants of daily futures price volatility in corn, soybeans, wheat, and oats markets from 1986 to 2007. Combining the information from simultaneously traded contracts, we implement a generalized least squares method that allows us to clearly distinguish among time-to-delivery...

The study analysed sources of return on equity in countries with strong and economically weak farms. The economic size used in FADN was used as the breakdown criterion. In the group of countries where farms reached a relatively small economic size, there were Bulgaria, Greece, Croatia (from...

This paper aims to analyse the level, structure and number of direct payment schemes, the achieved level of harmonization with the common agricultural policy (CAP), and to point out the threats and challenges of the agricultural sector in Bosnia and Herzegovina (B&H). The complexity of the...