The elimination of the quota and price support program in 2004 meant limited government intervention and made U.S. tobacco producers more vulnerable to market risks. In this paper we provide an examination of the situation in the U.S. tobacco industry before and after the buyout and identify how...

The aim of this contribution is to examine how the French and theGerman positions on agricultural policy have developed since thefoundation of the EEC and what the driving forces were behind. The“general consensus” underlying the EEC treaty, and according towhich the common market would be...

This study was conducted to analyze the direct and indirect effects of ethanol policy on livestock production. Results of the theoretical model indicate the possibility of ethanol policy indirectly affecting livestock production. Econometric results show a possibility of ethanol policy...

This manuscript studies the market conduct of the milk manufacturers and retail chains in a Midwestern state in the U.S. Following the menu approach we employ a random coefficient logit demand model to investigate several possible scenarios on the supply side. Demand estimates are obtained using...

Replaced with revised version of paper 04/13/11.

The paper focuses on the importance of the assumptions made about market structure and firmbehaviors in empirical trade policy analysis. It does it with reference to the most recent changes in theEU import regime for bananas, namely the Economic Partnership Agreements and the December2009 WTO...

The use of renewable materials in energy production is gaining in importance all over the world. The production of bioethanol and biodiesel is an important element of the agricultural strategy of numerous countries, even though the economic and environmental impact of these projects is subject...

One of the main characteristics of market economies is market competition where companies have to deliver and achieve the best possible results amid continuous challenges. It is always worth learning from the best performers. The voestalpine Group is a market leader steel producing company and a...

As agricultural policy reform and its effects have become increasingly territorialised, analyseswhich attempt to explain or predict impacts need to be more localised but also identify spillovereffects. In addition to the predictions of policy shocks predicted by sectoral partialequilibrium...

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...