This paper focus on the time adjustment paths of the exchange rate and prices in response to unanticipated monetary shocks following model developed by Saghaian et al. (2002). We employ Johansen's cointegration test along with a vector error correction model to investigate whether agricultural...

The paper investigates the consensus among Hungarian agricultural economists on specific propositions on the basis of a 2004 survey using a consensus index. In comparison to previous studies of agricultural economists much more diverse found among agricultural economists. In contrast to earlier...

The structure of Hungary's food trade expansion over the transition period 1992 to 2002 and its implications for labour-market adjustment is examined. An econometric analysis of trade and employment data suggests that changes in domestic consumption and productivity have significant influence on...

The organic agriculture represents a promising alternative for the future of European agriculture. It is consistent with the notion of sustainable development set forth already in the 1992 CAP Reform. Despite of increasing importance of organic farming, the research on organic farming is still...

A structural market model is estimated to analyse the impact of market power on resource allocation in the German and Hungarian pork markets. The regression analyses suggest that market power exists, although on a relatively low level. Moreover, the estimates show that processors might pursue...

The paper analyses small and medium firms’ contractual relations along the food chain in central region of Hungary using survey data. We focus on two specific aspects of contracts: type of contract and contract fulfilment. Contrary to previous studies which concentrated only on producers’...

This paper analyses of determinants of agricultural labor flows and the role of human capital in this process on the basis of the Slovenian Labor Force Surveys for the years 1993 to 1999. The household heads living in larger households, having a larger farm size, and working full-time (more...

This paper focuses on agro- food chains and agro- food consumer prices in Sloveniaconsidering its European Union (EU) membership. As the Slovenian agro- food markets weredistorted prior to the EU accession with some agro- food prices that were greater than comparableEU prices, the empirical...