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resilience of a sample of farmers in the United Kingdom to assess the impact of the 2011-12 drought on their productivity and … the shock; to adapt farming practices to a new environment; and to transform the business model, and improve productivity … the pace of productivity gains. In the past, policies on agricultural risk management focused on the absorption capacity …
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In this paper we derive supply and demand equations for labour in the UK agricultural sector. Using a cointegrating vector autoregression framework, identifying restrictions from theory are imposed, and the long-run labour supply and demand relationships are estimated. We find a significant...
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