We argue in this paper that available econometric estimates of farmers’ risk aversion do notmeasure true farmers’ preferences towards risky outcomes. Available analyses are mostly ofstatic nature and indeed measure the parameters of the synthetic optimal value function ratherthan the deep...

The objective of this paper is to analyse farm strategies and investment behaviour in a sample ofselected Italian farm-households facing different scenarios, with a particular focus on the effects ofthe 2003 CAP reform. Models were built for individual households using multi-criteria...

The CAP reform process has been a central issue for agricultural economics research in recentyears, and is gaining further attention in view of the post-2013 perspectives.The objective of this paper is to assess ex-ante the effect of different post-2013 CAP and marketscenarios on the demand of...

The present analysis, which exploits one of the first empirical data collected from smallholders in Sierra Leone since the end of the civil war, compares the impact of two poverty reduction strategies targeting smallholders in Sierra Leone: support to rice production is compared with support to...

This paper analyses the effects of decoupling (as introduced in the 2003 reform of the EU Common Agricultural Policy) on farm income and investment behaviour. The results of a dynamic multi-objective household model for 80 farm households in 8 EU countries are analysed and presented through a...

This paper investigates the impact of corporate research and development (R&D) on firm performance in the food-processing industry. We apply Data Envelopment Analysis (DEA) with two step bootstrapping using a corporate data for 307 food-processing firms from the EU, US, Canada and Japan for the...