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We develop a theoretical welfare framework, which explicitly recognizes that research protected by intellectual property rights generates monopoly profits. The result is a simulation model, shaped to the European sugar sector, and enabling to assess the size and distribution of the benefits of...
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"In July 2006, the European Union's (EU) Common Market Organization (CMO) for sugar underwent the first radical reform since its establishment in 1968. In this article, we study the incentives for adoption of new technologies before and after the policy reform. We build a stochastic partial...
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[eng] International comparisons of real values of final production of agriculture are usually made in Ecu by applying the exchange rate. These comparisons may produce distorted results caused by a difference in price level for the same product in the countries concerned. In all comparisons where...
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