The paper focuses on a new theoretical-methodological approach to interpreting functional transformation processes of farms located in rural areas and marked by a delay in development. We have defined a theoretical paradigm of optimal value portfolio (OVP) which considers -in a new light-...

The article investigates the impact of non-farm income on the investment for Hungarian and Slovenian farms using FADN panel data for the years 2004-2008 and different econometric estimation approaches. We find that non-farm income is more important for Slovenian farms than for Hungarian farms....

Since 1999, Scotland has (re)gained a considerable degree of political independence from the rest of the UK, and a minority nationalist government since 2007 has determined a strong general policy agenda, including ambitious climate change commitments. This new political framework is being...

This paper addresses three issues of socio-economic factors of Hungarian farm households and their impacts on structural change. This concerns the role of age as a factor influencing the opportunity costs of labour, the impact of empirical age patterns on structural change, and the role of a...

This paper investigates the effect of trade cost changes on the spatial productivity distribution in Korea. Data on gross value added and primary factors for 163 spatial units during 2000-2005 are assembled to estimate local TFP using a value-added function. In our application, we control for...

The current study aims to examine the effectiveness of fisheries policies and specifically of the Greek Operational Programme for Fisheries, 2007-13. In specific, aims to examine and assess possible impacts generated, in the regional economy of Voreio and Notio Aigaio from its four axis, with...

While agriculture definitely is a traditional and important sector of national economy, it is also a sector the importance of which is often underestimated. More correct and realistic description of its economic role should be based on input-output methods. Unfortunately regional level...

Agri-environmental schemes provide payments for farmers in return for environmental services. Their implementation induces transaction costs for administration and farmers. Although transaction costs became subject of research in recent years, little attention has been paid to activities which...

Aiming to stimulate the role of agriculture as provider of public goods, the new CAP reform raises many theoretical and practical questions. The most relevant ones concern farmers’ response to the policy instruments. This paper uses a formal model to analyse the incentives and constraints...

While ‘land grabbing’ in Africa by China, and other populous, high-income Asian countries such as South Korea got quite some attention, land grabbing in post-Soviet Eurasia has gone largely unnoticed. However, as this paper shows, recently also in the latter region foreign state and private...