The objective of this study is to analyze the main determinants of alcoholic beverages consumption at home. Data comes from the latest Spanish Household National Survey, which provides information on expenditure and quantities of different food products by household. Because households are...

This paper analyzes a monopolist's behavior when consumers cannot observe the production standards. These types of products are usually known as credence goods. The steady-state level of quality with credence goods is found to be lower than that with experience goods, and perfect information...

This paper presents an analysis of agricultural contracts using a transaction costs approach. We contend that in a context of modern agriculture, with well defined property rights, agricultural contracts must balance costs and benefits, aligning tenant and landlord incentives towards a similar...

It is widely believed that not only a Green Revolution in a crop sector but also a White Revolution in a dairy sector has generated the great momentum of agricultural development in India since the late 1960s. However, due to the dominance of sector-specific analyses, the importance of the...

Certified organic production by small-scale farmers in developing countries is increasingly promoted as an opportunity to access a growing and dynamic market, while at the same time, enhance productivity and improve incomes. Nevertheless, adoption has been limited. The economics literature...

Diversification of consumers’ demand and environmental concerns are at the origin of a trend towards short marketing chains and towards direct links between consumers and farmers in developed countries. This paper explores farmers’ motivations for choosing these types of marketing chains...

This article examines the impacts of monetary policy on agricultural prices in the Hungarian economy using time series analysis. The empirical results indicate that agricultural prices adjust faster to monetary shocks than industrial prices do, affecting relative agricultural prices in the short...

Extreme meteorological events have increased over the last decade and it is widely accepted that it is due to climate change. Some of these extremes like drought or frost episodes largely affect agricultural outputs that could face a serious decline. Therefore, additional efforts on technology...

About 30 percent of the world’s soil carbon is stored in peat soils. Peatland’s functional principle of carbon storage greatly depends on management strategies. Therefore agricultural peatland use becomes a focal point of interest in the current debate on climate protection. Agricultural...

This paper investigates the role of infrastructure capital in China’s regional economic development during 1990 to 2009 in a neoclassical economic growth model. Four types of infrastructure capital are discussed; electricity, road, rail, and land-line telephone. The results support a positive...