This paper analyses how farm access to credit affects farm input allocation and farmefficiency in the CEE countries. Drawing on a unique farm level panel data with 37,409observations and employing a matching estimator we are able to control for the keysource of endogeneity – unoberserved...

In this paper we study the determinants of the factor content of the CEE agricultural trade. Examining empirically three hypothesis, which relate cross-country differences in technology, relative factor abundance and transaction costs and market imperfections to the factor content of trade, we...

The present study examines factor contentin the CEE transition country agricultural trade.However, deviating from the traditional approach, wedo not test the HOV prediction. Instead, we examine thetheoretical predictions that relate the factor content ofinternational trade to cross-country...

Kliauga, de Gorter, and Just (2008) and de Gorter, Drabik, and Just (2010) argue that the United States and the European Union establish the world ethanol and biodiesel prices, respectively. We test these theories using a cointegration analysis and the Vector Error Correction (VEC) model. Weekly...

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...

Based on their theoretical predictions, Kliauga, de Gorter, and Just (2008) and de Gorter,Drabik, and Just (2010) argue that the United States and the European Union establish the worldethanol and biodiesel prices, respectively. We test these theories using cointegration analysisand the Vector...