Despite the fact that there is a substantial literature on the analysis of volatility spillovers between stock returns and domestic exchange rates, surprisingly, little empirical research has examined volatility spillovers between oil prices and emerging economies, where a clear gap of research...

Milk production is a very important element of the whole dairy chain. The BRIC countries are among the top 6 milk producing countries and produce nearly one third of the world's total milk volume. A large number of dairy animals and a relatively low milk output per animal show a great potential...

The returns to scale for nineteen South Asian countries are estimated using window and cumulative rolling stochastic frontier regression analysis. The stochastic frontier analysis accounts for technical inefficiency of Hicks non-neutral technology production function in the estimation of the...

The reform-process towards a higher world-market orientation has a long tradition in Chile, with all its strengths and weaknesses. The food processing industry is highly competitive on the worldmarket. The following paper investigates the technical efficiency of the Chilean food processing...

Cross-border trade in food commodities within sub-regional economic blocks in Sub-Sahara Africa (SSA) is believed to be faster, cheaper, more convenient and welfare-enhancing than overseas trade between SSA countries and the USA, EU and the BRIC countries. The difficulty of commodity arbitrage...

In this article we investigate how to integrate the experience and knowledge of local agricultural experts in order to facilitate more objective-oriented use of the agricultural support funds. For this purpose we apply the Linear Programming methodological approach. Within this approach the...

Though social spending facilitates risk‐pooling in the impoverished regions, too many resources devoted to social occasions may impose negative externalities and hinder efforts to alleviate poverty for households living close to subsistence. Conducting three waves census‐type panel survey in...

It has been widely recognized that the poor spends a significant proportion of their income on social spending even at the expense of basic consumption. What are the motives behind the observed lavish social spending among the poor? We attempt to test three competing explanations at the social...

This paper investigates the linkages between farmers' machinery investment decision and off-farm employment in China. Both the theoretical model and the empirical results based on a survey of 453 households in Anhui Province indicate that agricultural labor input and small-size machinery...

The paper seeks to explore the opportunities created by climate change and mitigation efforts in agriculture sector in India for creating more, newer and better jobs. These new jobs which are termed as green jobs are not always going to be decent jobs and there is also uncertainty about the...