Cooperative and corporate farms have retained an important role for agricultural production in many transition countries of Central and Eastern Europe. Despite this importance, their ownership structure and particularly the ownership's effect on their investment activity vital for efficient...

Quantitative policy analysts are usually confronted with the problem to derive a base-line scenario that reflects the most likely state of an economy in a future year. The methods used in practice to derive such a base-line scenarios are heterogeneous and range from the usage of the last...

Replaced with revised version of paper 09/14/11.

This paper identifies and analyzes the changes that have occurred in terms of territorial and commodity structure of agrarian trade (exports) of countries of the Visegrad Group (or V4 -i.e. Czech Republic, Poland, Hungary and Slovakia) in the period 1993-2008. In terms of methodological...

Though poor agricultural land property rights are typical constraints that many peasants in Sub-Saharan Africa (SSA) have faced since independence, little has been done to explain their persistence. I will first discuss the so called evolutionary theory of property right (ETPR), which stipulates...

In view of a probable free trade agreement between Switzerland and the European Union in the agricultural and food sector and as a consequence of their actual low competitiveness in international comparison, Swiss dairy farms are under pressure to increase their productivity. In the present...

We argue in this paper that available econometric estimates of farmers’ risk aversion do not measure true farmers’ preferences towards risky outcomes. Available analyses are mostly of static nature and indeed measure the parameters of the synthetic optimal value function rather than the deep...