In Romania, over 73% of agricultural machinery in Romania have an exceeded service life, and the technical endowment of agricultural machinery farms has a direct influence on the market performance of the producers. The increase of productivity in the agricultural field depends to a large extent...

We develop a variation of the Grossman-Helpman Protection for Saleʺ model, where organized groups, representing various sectors of the economy, influence government policy. In particular, this paper focuses on the rise of food prices and a greater level of influence of a food sector lobby,...