Hungary became the member of European Union in 2004. The authors want to show that, though, many sectors of Hungarian agriculture have been operating at low level of technology and efficiency; there was a big expectation about the fast catching up with accession to European Union. This paper...

Development is a human problem and is aimed at changing man and his economic, social, ecological environment. Throughout history, man has acquired new knowledge to shape his future. As human needs multiplied and became more complex, science and technology – processes of systematic inquiry for...

The objective of this research is to estimate the economic impact of climate change on tea production in China. We use historical weather and production data from 1980 to 2011 to construct a yield response model from panel data that estimates the partial effect of specific weather factors on tea...

The volatility of agricultural markets has increased remarkably in recent years. In spite of this, the way in which supply chain actors perceive market volatility has only rarely been analyzed. This paper seeks to close this research gap by presenting empirical findings about how the volatility...

The aim of this paper is to point out some problems of index estimation for the purposes of weather derivative valuation considering the particularities of agriculture. The assessment of the sensitivity of barley to weather over 40 years has been the basis for the design and valuation of weather...

'lbe tables in this bulletin provide aggregate economic and agricultural growth am perfonnance indicators for the world, for four economic groupings of countries, am for 160 individual countries. 'Ihese 160 countries account for 99.7 percent of the world population. '!he indicators cover such...

The tables in this bulletin provide aggregate economic and agricultural growth, performance, production, and trade indicators for the world, 14 geographic regions, the Economic Community, Central Europe, and for 141 countries. These countries account for over 99 percent of the world population,...

Botswana’s average economic growth rate of about 8 per cent during 1985-2005 is one of highest in the world. A major contributor of this growth was mining which, in 2005/06, had a 41.4 per cent share of GDP. Various government welfare and empowerment programmes indicate that redistribution of...

This paper deals with the estimation of a random coefficient model. The virtue of this approach is that it considers firm heterogeneity, which conventional SFA models do not. When the model is applied to Polish farms, the results indicate that the conventional random and fixed effect models...