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This paper deals with the analysis of the impact of credit rationing on the farmer's economic equilibrium and the … the consequence of the occurrence of credit rationing on farmer's capital accumulation, investment and supply. The method … of optimal control is used to solve the optimization problem. The results show that the occurrence of credit rationing …
Persistent link: https://www.econbiz.de/10003663077
Subsidies linked to production have been classified to be environmentally harmful by OECD. A core element of the EU 2003 Common Agricultural Policy (CAP) reform is to decouple income support from production. This paper estimates the environmental consequences of this policy reform. An...
Persistent link: https://www.econbiz.de/10011494743
Rural development in the European Union has to face several challenges such as increasing international competition among agricultural markets; growing needs for rural services (multifunctional agriculture); Eastern enlargement: increase in number and area of distressed regions and growing...
Persistent link: https://www.econbiz.de/10013085351
Although agriculture could contribute substantially to European emission reductions, its mitigation potential lies untapped and dormant. Market-based instruments could be pivotal in incentivizing cost-effective abatement. However, sector specificities in transaction costs, leakage risks and...
Persistent link: https://www.econbiz.de/10012998636
American agricultural law's environmental record is a legacy of legislative failure. Most of the blame can and should be attributed to the failure of the law to separate ecological objectives from competing and ultimately contradictory economic objectives. Two strains of agroecological fallacies...
Persistent link: https://www.econbiz.de/10014055790
This paper presents the dominating farming structure in Bulgaria on the eve of EU accession, and evaluates recent policies for farm and agricultural income support, and assesses likely consequences of Common Agricultural Policy (CAP) implementation on farming structures and sustainability. We...
Persistent link: https://www.econbiz.de/10014058172
Research on the entry of genetically modified organisms (GMOs) into the agricultural marketplace has largely emphasised questions of consumer confidence and trust, product liability, and the market. However, the relationship between GMOs, free trade, and questions of culture and traditional...
Persistent link: https://www.econbiz.de/10013095741
Persistent link: https://www.econbiz.de/10012316105
Persistent link: https://www.econbiz.de/10010355344
the European Union member states that have large penetration of bank credit. Building on the model of financially open … increase in private bank credit relative to the gross domestic product (GDP) and the gap between real interest rate and GDP …
Persistent link: https://www.econbiz.de/10012054552