This paper examines the impact of various farm and household characteristics (such as farm size, the off-farm employment status, the farm operator's age and schooling and the number of family members) on the level as well as the dynamics of on-farm diversification. Using linked census data for...

This paper investigates the farm level impacts of multiple peril yield and revenue insurance in an expected value-variance framework. The analysis is conducted using stochastic simulation jointly with numerical optimisation. Simulation is used to compute the means and variances of revenues as...

A theory-based graphical analysis of WTO's trade liberalization policies (opening of close-economy to international trade and cuts in price-supports, import-tariffs and export-subsidies) suggests that most of such policies would yield net social gains to the society, as a whole. The adverse...

This paper analyzes how imperfections of property rights affect allocation of assets and welfare, using micro-survey data from Bulgaria. Co-ownership of assets is widespread in many countries due to inheritance. Central and Eastern Europe offers an interesting natural experiment to assess the...

The newly emergent landowners in the 1990s left their land in the corporate farms due to the low level of farm profitability and the high risk in the general economic environment. The accession to the EU and the introduction of the CAP Single Area Payment (SAP) could induce incentives to...

The paper presents a model of the agro-food system in a transition economy, which shows how the move from a planned to a market economy affects the production and consumption of goods and economic welfare. The model is then used to identify two complementary approaches for measuring the success...

This paper describes the establishment of the professional organization of agricultural economists in Poland as the response of the profession to uncertainties associated with the transition to a market economy and the demand for socio-emotional goods. This demand and the accumulated social...

We make use of data from the 2005 Albania Living Standard Measurement Survey to investigate the factors affecting household agriculture efficiency and land market development. To assess the functioning of land rental markets and explore efficiency- and equity impacts of land rental, we use a...

The EU agriculture is undergoing an important process of liberalization and global integration within which its growth is a key issue particularly in view of the targets of competitiveness and convergence set by the Community. In this context, the paper, focusing on the EU-27 and the time period...