We argue in this paper that available econometric estimates of farmers’ risk aversion do notmeasure true farmers’ preferences towards risky outcomes. Available analyses are mostly ofstatic nature and indeed measure the parameters of the synthetic optimal value function ratherthan the deep...

When building an economic model for supply analysis the aim is to model a decision makingprocess of one or more agents which fits the observed practice as good as possible. Hereby themodeller is often confronted with incomplete information about the production process; particularcrop specific...

The potential accession of Turkey to the EU, and the related adoption of the CAP by Turkey,is expected to influence agricultural markets in both the EU and Turkey. The extent of theaccession impacts depends on the one hand on the way the CAP will be implemented inTurkey, while on the other hand...

Against the background of increasing concerns regarding the energy supply security as well asenvironmental concern the interest for renewable energy sources has increased in recent years. Thebiofuel sector, backed by public policies, experienced a strong increase in and outside Europe....

This study provides an in-depth modelbased quantitative analysis of the implications of thedairy policy reform on the milk and dairy market aswell as on other agricultural markets in the EU27,EU15, EU12 and the individual MS. The objectives ofthe study are threefold:1. to assess the implications...

Given the recent steadily declining consumption of school milk in Germany, aresearch project was set up by the German Federal Ministry of Food, Agriculture and Consumer Protection, in affiliation with other institutions, to retrieve quantifiable information on the different influencing factors...

A central problem in estimating per unit costs of production originates from the fact that most farms producemultiple outputs and standard farm-accounting data are only available at the whole-farm level. The seeminglyunrelated regression (SUR) approach is used to estimate per unit production...

The impact of sectoral or economy wide policy scenarios is often of strong political and public interest, yet it is a scientific challenge. When analyzing different levels of aggregation, the use ofsingle models may not be sufficient. In this paper we establish an interface between the European...

This paper identifies major future trends and driving factors and perspectives and challenges resultingfrom them for European agriculture and food sectors until the year 2020. The focus of the paper is ananalysis of key driving forces and the provision of a well developed reference scenario...

In its Progress Report on Biofuels the European Commission proposes a more restrictivebiofuel directive which sets a mandatory minimum share of biofuels in total fuel consumption in thetransport sector of 10% per Member State by 2020. This is likely to have a strong impact on demandfor biofuel...