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The impact of agricultural policies and their reform is of major concern when addressing issues of growth, innovation and consolidation in the food manufacturing sector. Growth is one of the forces fueling the globalization of food manufacturing activities. Market- and policy-driven forces...
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Traditionally, farm households have relatively high saving and low marginal propensity to consume (MPC). In the last decades, this seems to have changed. To investigate these matters, a dynamic consumption model is estimated using a GMM-system estimator and a panel of 258 Norwegian farm...
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When working with micro data one sometimes encounters situations involving qualitative choices in addition to the continuous choices that are the traditional focus of empirical analysis. One such situation arises when we study the increase in multiple job-holdings among farm operators in western...
Persistent link: https://www.econbiz.de/10005806573
Swedish agricultural policy reform of 1990 constitutes a rare example of a very radical reform of agricultural policy. All internal market regulations were abolished. Farmers were offered only a modest and temporary compensation. Contrary to the reforms of the CAP, the reform was not caused by...
Persistent link: https://www.econbiz.de/10004989088
The purpose of this paper is to stimulate discussion on the way that economists, statisticians and analysts treat the wealth of agricultural households and changes in that wealth not arising from production. The concept of "economic status" is revisited and the implications of using it when...
Persistent link: https://www.econbiz.de/10005060903