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...

Zahlreiche genom-editierte Kulturpflanzen stehen kurz vor ihrer Marktreife und werden daher bald ihren Weg in den internationalen Agrarhandel finden. Gegenwärtig gibt es jedoch große Unterschiede in der rechtlichen Einstufung dieser Produkte. Während beispielsweise in den USA und Brasilien...

This paper investigates the macroeconomic importance of credit rationing and whether banks use characteristics such as ownership structure and institutional type of borrowers in order to regulate the risk of loaned funds. To test this, monthly data for 2000–2002, extracted from the National...

This paper uses a model with transaction costs and imperfect competition in the land market to analyze the efficiency and welfare effects of land reforms. We show that removing only one imperfection may have very different efficiency and welfare effects than would otherwise result from reforms...