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The purpose of this study is to measure the sensitivity of traded quantities and trade unit values to agricultural production shocks. We develop a general equilibrium model of trade in which production shocks in exporting countries affect both traded quantities and trade unit values. The model...
Persistent link: https://www.econbiz.de/10012912059
natural resources in agriculture. First, it incorporates an interdisciplinary approach (combining Economics, Organization, Law … management and strategies in agriculture including: specification of specific “managerial needs” and spectrum of feasible … agriculture during post-communist transformation and EU integration (institutional, market, private, and public), and evaluates …
Persistent link: https://www.econbiz.de/10014158696
We present a model that describes features common to many famines: (i) a famine may occur without a substantial decline in aggregate food availability; (ii) famines often have a very uneven impact on different groups of population; and (iii) expectations about future food markets affect current...
Persistent link: https://www.econbiz.de/10012716834
In this paper we estimate the income distributional effects of the common agricultural policy (CAP) for farmers and landowners. First, we theoretically analyse the level of farmers' and landowners' gains from coupled and decoupled payments. Second, using a unique farm level panel data set from...
Persistent link: https://www.econbiz.de/10011524063
heterogeneous (country-specific) transmission elasticities between international prices and domestic producer prices. We mainly … also find that the pass-through of international to domestic prices is asymmetric in the majority cases — these asymmetries … are negative, i.e., the domestic producer prices react less fully to an increase in international prices than to a …
Persistent link: https://www.econbiz.de/10012910887
should the prevailing market price be below the pre-specified MSP. In this paper, we consider a market consisting of infinitesimally small, rational, and strategic farmers(with heterogeneous production costs) who face market and yield uncertainties. Our equilibrium analysis reveals that (i)...
Persistent link: https://www.econbiz.de/10013210923
Substantial changes in the world wheat market have resulted in a shift in the market shares of the main wheat exporting countries. Since 2002, Kazakhstan, Russia, and Ukraine (KRU) have become important wheat exporters on the world market, and their pricing behavior has become a vital issue. By...
Persistent link: https://www.econbiz.de/10012133957
Persistent link: https://www.econbiz.de/10012914055
and prices using a structural model of commodity markets. In particular, it generalizes the neo-classical storage model to …
Persistent link: https://www.econbiz.de/10014107787
linkages between institutional and market prices. Secondly, there is the issue of decoupled or semi-decoupled direct payments …
Persistent link: https://www.econbiz.de/10014115611