The effects of government policies are analyzed in a conjectural variations model of U.S. food manufacturing. The policy elasticities of the perfectly competitive model are valid predictors of policy effects irrespective of the type of oligopoly. Changes in the degree of competition may alter...

In recent decades the Hungarian intelligentsia, both political and governmental, emphasised the importance of higher education in socio-economic modernisation. At the same time, after nearly twenty years of system-transition we have to see that the ambitious goals of reforms in many cases have...

A stochastic computer simulation model is used to estimate disaster payments under the Agriculture and Consumer Protection Act of 1973. The model uses a random yield generator and actuarial techniques. Simulated payments under 1976 program parameters and stochastic yields are estimated at $300...

The objective of this paper is to assess empirically the impacts of further reform of the CommonAgricultural Policy (CAP) on the agri-food sector in Finland. To meet the objective, aneconometric model for Finnish agriculture - built as a part of the AGMEMOD project - wasutilised. The projection...

This study provides an in-depth modelbased quantitative analysis of the implications of thedairy policy reform on the milk and dairy market aswell as on other agricultural markets in the EU27,EU15, EU12 and the individual MS. The objectives ofthe study are threefold:1. to assess the implications...

This research completes a series of estimates of supply relationships for corn, sorghum, oats, and barley. (See M. E. Ryan and M. E. Abel, "Corn Acreage Response .. .,"Agr. Econ. Res. 24(4); 102-112, Oct. 1972, and "Supply Response of U.S. Sorghum Acreage ...,"Agr. Econ. Res. 25(2); 45-55, April...

Agriculture is the main source of nitrogen loading (EEA, 2012) and is the sector with the largest remaining emission reduction potential (Sutton et al., 2011). Furthermore, surpluses of nitrogen are forecast to grow in the next decade (FAO, 2008). The objective of this study is to evaluate the...

This article describes the structure and dynamic properties of the Food and Agricultural Policy Simulator (FAPSIM), an annual econometric model of the US agricultural sector F APSIM estimates a simultaneous price-quantity equilibrium solution for a set of individual commodity models developed...

Last decades have seen the development of a new rural policy. Different problems occurring in rural areas have pushed the EU Commission to draft policy instruments aiming to address them. However this rural policy path has not always been explicit neither has followed a continuous trend but...

The paper presents a theory of policy timing that relies on uncertainty and transaction costs to explain the optimal timing and length of policy reforms. Delaying reforms resolves some uncertainty by gaining valuable information and saves transaction costs. Implementing reforms without waiting...