In the long term, productivity and especially productivity growth are necessary conditions for the survival of a farm. In this paper, we focus on the technology choice of a dairy farm, i.e. the choice between a conventional and an automatic milking system. Our aim is to reveal the extent to...

This working paper provides a comparative analysis, among selected EU member states, of the investment demand of a sample of specialised field crop farms for farm buildings, machinery and equipment as determined by different types and levels of Common Agricultural Policy support. It allows for...

This paper investigates the impact of subsidies from the common agricultural policy on the total factor productivity of farms in the EU. We employ a structural, semi-parametric estimation algorithm, directly incorporating the effect of subsidies into a model of unobserved productivity. We...

Thesis for the degree of Master in Sustainable Local Development

In spite of several cases study existing that assess the profitability of farms participating in direct sales activities (Brown, 2002; Brown and Miller (2008), no analysis has verified whether the notion that farmers participating in short supply chains are profitable holds to the empirical test....

Nowadays innovation represents a strategy to face the economic crisis affecting many sectors globally. It is believed that innovation is one of the most significant factors for the enhancement of competitiveness. Innovation is identified with the creation of value by companies, and networking is...

In comparison to flatland agriculture mountainous agriculture is often shaped by small plot sizes, unfavourable climatic conditions and steep slopes. All those conditions make it extraordinarily expensive to implement new technologies and to modernise farms. Consequently our research hypothesis...

The Staggers Rail Act (1980) permitted confidential railroad contracts. Legislation later required disclosure of certain contract terms to allay small shippers' claims of injury. This study uses experimental economics to analyze the effects of information disclosure. The oligoplastic market...

Intertemporal duality can be used for empirical research to derive a system of optimal choice functions (dynamic factor demands and output supplies) consistent with an explicity dynamic optimization framework While the literature on intertemporal duality focuses on infinite-horizon autonomous...