Like in developed countries, during the last two decades the number of Hungarian family farms has declined with the increase in their average farm size. To identify the drivers of farm size growth, the paper investigates the importance of leadership skills in Hungarian family farms using Farm...

This paper focuses on the estimation of changes in economic welfare (real income) on different groups (income deciles) of Hungarian and Romanian consumers following food price changes as a result of accession to the European Union (EU) in 2004 and 2007. It identifies in both countries those...

This paper, whilst preliminary and descriptive, highlights some significant changes in the structure of the Hungarian national farm around the time of EU accession, based on an examination of farm-level data. Between 2002 and 2005 gross value of total production changes little, but direct...

This paper intends to shed some light upon the changes in farm incomes in Hungary as a result of the country’s accession to the EU in 2004. Subsidies for arable farms increased by 20 percent over three years. The highest degree of increase is observed in the case of arable farms. In terms of...

Crop insurance products can improve and stabilize economic performance. However, due to insurance market imperfections, the use of insurance products often requires governmental support. This paper analyses the actual impact of insurance products on the economic performance of cropping farms by...

This paper explores the effect of exchange rate volatility and of the institutional quality on international trade flows of transition economies in Central European Countries by applying a gravity model of balance panel between 1999 and 2008. The results show that nominal exchange rate...

We present an empirical analysis about the contract choice of retailers in the Hungarian beef sector employing transaction cost economics. The frequency of transactions has negative influences on the duration of contract. Furthermore, large retailers are unlikely to have long term contract. We...

The literature on the agricultural transformation in Central an Eastern European countries usually neglect the investigation of organisational forms in agriculture. This paper is the first to analyse the choice of organisation forms in transition agriculture employing transaction cost theory....

One of the most important targets of the Common Agricultural Policy (CAP) is to facilitate the spatial integration of agricultural markets within the individual member states as well as within the Community. On a spatially integrated market, price information should freely flow between member...

Impact of Off-farm Income on Farm Efficiency in Slovenia