Changes in EU agricultural policies towards an increased focus on rural development issues raise questions regarding the economic impact of local and regional spatial competition. Farmers are typically price takers in the traditional markets for the major agricultural products. This is, however,...

Countries still confronted with transition process express different patterns of contractual arrangements in the agricultural sector. The inefficiencies in their legal systems and problems with contracts enforcement in many instances force informal contracting arrangements instead. This paper...

Social capital is one of the most crucial factors determining the effectiveness of operations in a cooperative organisation. When membership of a cooperative decreases, the financial capital also decreases. An important asset of cooperatives is the commitment and loyalty of their members....

Considering the scale of global warming, we make an attempt to assess the impact of climate change on Macedonian agriculture. Farmers’ adaptation is taken into account by using an alternative specification of the Ricardian model based on the use of aridity indices to capture the non-linear...

This study aims to analyse the water consumption of the Macedonian economic sectors and their trade strategies by means of virtual water in an input-output (IO) framework. By analysing the trade balance we determine that as consequence of high virtual water content and significant exports of...

CGE models are widely used tools for economic assessments of trade policy changes. However, overall confidence in their results tends to be low. We employ the methodological framework of meta-analysis in order to approach a quantitative comparison of CGE-based simulation results. Therefore, we...

This article introduces discourse analysis as a theoretical concept and an empirical methodology that may enable the endogenization of path creation and path breaking changes in conventional models of political path dependencies. Economic criteria such as rents created by a policy do not always...