Due to several existing limitations for the use of silage maize as biogas substrate, flowering cover crops are currently a much-discussed alternative. Using a business simulation game, the present study investigates whether the implementation of a reward and a penalty policy will improve the...

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...

Applied general equilibrium (AGE) modeling is a versatile tool for guiding public policies. However, the standard treatment of production function in AGE models is not completely satisfactory. It is commonly based on nested CES functions that are rigid and empirically hard to estimate. In this...

We use a Multiplicative Competitive Interaction (MCI) model, a popular approach in marketing research, to explain the change in farm specialization over time. The change in farm specialization is measured by the variations of the Standard Gross Margin (SGM) shares. The model is applied to the...

We formulate and estimate a farm level simulation model of agricultural crop production, and apply it to a scenario with increasing yield variability. The objective function is of the mean-variance utility type with a positive mathematical programming (PMP) cost function, and it is estimated...

This article studies the influence of risk on farms’ technical efficiency levels. The analysis extends the order-m efficiency scores approach proposed by Daraio and Simar (2005) to the state-contingent framework. The empirical application focuses on cross section data of Catalan specialised...

This paper addresses the allocation of joint cost among enterprises – also called ‘production branches’ or ‘activities’ – and presents an approach based on maximum entropy and standard costs from farm-management literature as allocation factors. The approach allows us to discard the...

Evaluations of environmental impacts of RDPs are characterized by a number of methodological challenges. However, recent methodological developments have improved the understanding and capacity of analysing the impacts of farming and forestry on the provision of public goods. Against this...

Empirical studies on farmland rental rates have predominantly concentrated on modelling conditional means using spatial autoregressive models, where a linear functional form be- tween the response and the covariates is assumed. This paper extends the hedonic pricing literature by modelling...

Productive efficiency analysis is a relevant tool that can be used to evaluate differences in efficiency performance between conventional and organic farms. Such study is important for the assessment of the economic viability of these two agricultural systems. While the existing research has...