Mark-up plays nowadays the major role in plenty of DSGE models, and defining its cyclicality is one of the most demanding challenges in macroeconomics. The aim of the article was to measure price-cost margins (PCM) used as a proxy for mark-ups and their variation in the EU countries food...

A hústermelés stagnált az elmúlt években, miközben a hús-külkereskedelem az európai uniós csatlakozáshoz kötődő változások folytán dinamikusan emelkedett. Ennek köszönhetően a külkereskedelem szerepe a húsiparban egyre meghatározóbb. A külkereskedelem bővülése az...

Paper removed at request of authors 02/25/08.

Esse artigo investiga os efeitos de notícias a respeito do mau da vaca louca ou BSE sobre o consumo das carnes bovina, suína e de aves nos EUA. Presume-se que o sistema nacional de identificação animal (NAIS) poderia em tese atenuar a percepção de risco dos consumidores sobre contrair o...

This article investigates the willingness to pay for the National Animal Identification System (NAIS) in the US. It is assumed that with the NAIS in place, consumers' risk perception about zoonosis, BSE or mad cow and residues in meat may be mitigated. Therefore, food safety indices for beef,...

In recent years the organization of meat supply chains has been among the most animatedly discussed topics in agriculture and the food industry. Many authors hypothesize that contracts and vertical integration are paramount for the future competitiveness of meat production. But most arguments do...

This paper presents a comparative analysis of three different economic studies that played major roles in the policy debate over the Compact. It draws an important distinction between before-after and counterfactual impact analysis and highlights constraining assumptions in models. Over time the...

In an imperfectly competitive industry, differentiated products compete with each other with price rather than quantity as the strategic variable. Several previous studies have employed a generalized Nash Bertrand model: Liang (1989), Cotterill (1994), Cotterill, Putsis and Dhar (2000), and...

The integration of the Finnish meat market in the EU has important implications for domesticagricultural policy. Our aim is to estimate the characteristics of the Finnish pork and beef markets inrelation to those of Germany and Denmark. Our analysis uses symmetric and asymmetric thresholderror...

This study investigates the economic effects of external oil and food price shocks in thecontext of selected Asia and Pacific countries including Australia, New Zealand, SouthKorea, Singapore, Hong Kong, Taiwan, India and Thailand. The study is conducted withinthe framework of SVAR model using...