The sustainability of the food supply of the population in all Member States is a priority objective of the current CAP, with important implications both for ensuring food security and for developing the rural economy. In this context, the European sustainable development economic model promotes...

Due to the changes that have taken place over the last period of time, at the level of the macromedium and micro-environment factors of an agricultural enterprise, the agricultural producer is challenged to have an activity characterized by performance and competitiveness. In order to support...

The objective of this analysis is to investigate the capacity of agriculture to actively contribute to reducing vulnerabilities and the degree of exposure of Romania's economy to shocks caused by major economic crises. The role of agriculture, as economic and social resilience factor, is...

We investigate climate change impacts on productivity and production risk on U. S. Pacific Northwest winter wheat farms. Using farm-level data from the Census of Agriculture, we use a partial-moment-based approach to estimate climate and irrigation influences on winter wheat yield and farm net...

Asia accounts for more than 30% of world GDP and contributes half of the global growth in recent years. Despite high growth rates, Asia is still facing considerable socio-economic challenges. If Asia is to reemerge as a major power in the global economy and in order for the region to...

Agro-biodiversity can provide natural insurance to risk averse farmers. We employ a conceptual ecological-economic model to analyze the choice of agrobiodiversity by risk averse farmers who have access to financial insurance. We study the implications for individually and socially optimal...

Agro-biodiversity can provide natural insurance to risk-averse farmers by reducing the variance of crop yield, and to society at large by reducing the uncertainty in the provision of public-good ecosystem services such as e.g. CO2 storage. We analyze the choice of agro-biodiversity by...

Long-run development (in income) causes a large fall in the share of agriculture commonly known as the agricultural transition. We confirm that this conventional wisdom is strongly supported by the data. Long-run development (in income) also causes a large increase in democracy known as the...

I use a Mixed Logit model and the most detailed agricultural data publicly available to show how farmers employ land allocation as an adaptation mechanism in the face of a changing environment. The driving forces behind the farmer's land-use choice are differences between the crops available for...

Open regionalism and trade cooperation between the world's two largest developing countries, the People's Republic of China (PRC) and India, can foster outward-oriented development and intra-regional trade based on comparative advantage and available factor endowments. In view of the recent wave...