This paper investigates the effects of the Common Agricultural Policy (CAP) payments on the indirectly generated non-farm jobs in small and medium-sized enterprises, which are central to job creation. It examines whether there are differences in the effect according to business location –...

Recent studies into price transmission have recognized the important role played by transport and transaction costs. Threshold models are one approach to accommodate such costs. We develop a generalized Threshold Error Correction Model to test for the presence and form of threshold behavior in...

This issue of "Agricultural Economics" contains articles from a seminar entitled "Small Farms: Decline or Persistence?" held at the University of Kent. This issue includes nine papers selected from more than 50 papers presented at the seminar. Articles published use a range of econometric...