Recent trends in the developments of the Common Agricultural Policy suggest an increasing attention towards rural development issues. On-farm processing may offer an alternative for diversification, income generation and rural development in the event of increasingly deregulated agricultural...

Changes in EU agricultural policies towards additional focus on rural development issues raise questions regarding the economic impact of local/spatial competition. Traditionally, farmers have typically been price takers in markets for major agricultural products. This is, however, not...

EU policies focus ever more on rural development initiatives. The horse sector provides some opportunities. An I/O model is used to examine the aggregate effects of the horse sector on Swedish agriculture. The maximal potential of the sector accounts for around 12% of the total contribution to...

Optimal hedging strategies are analyzed for a cooperative operating a price pooling system in the presence of price and quantity risk. A three-period model, accounting for default risk and storage, is developed. Hedging allows the cooperative to increase the pool price offered to farmers by 2.8...

Off-farm work improves and reduces the riskiness of household income. Theoretical analyses reveal that the level and riskiness of off-farm income affect demand for farm/nonfarm investments. A two-limit Tobit model is estimated using ARMS data for 1996-2003. The impact on investment behaviour is...