The study analyses the effects of CAP direct payments and their modulation on farm profitability for a sample of 369 farms in the Navarra region of Spain. Cost-revenue ratios are calculated in order to highlight the impact of CAP direct payments, modulation and the valuation of own production...

Whether bilateral trade barrier data conform with the Grossman-Helpman (1995) model’s predictions about “trade talks” is examined in this article. A simple form of the prediction from the model is tested. Bilateral US-Japan and US-EU data from the 1990s are employed. The results are the...

In Europe the demand of functional foods varies remarkably from country to country, on the basis of the alimentary traditions, the enforced legislation and the different cultural heritage that people have acquired. The opportunities of expansion on the market seem to be quite favorable and the...

Using cointegration techniques, we estimate two models that capture the long-term relationship between Spanish prices and agricultural production. The models were estimated over Spanish agricultural data from 1970 to 2000, a period spanning Spain’s implementation of the Common Agricultural...

AGRICULTURE IN ITS COMMON PARLENCE INCLUDES PRODUCTION, RESEARCH AND TRAINING IN THE FIELDS OF CROPS, FORESTRY, FISHING AND LIVESTOCK. NIGERIAN AGRICULTURE WAS CHARACTERIZED BY LOW FARM INCOMES; LOW CAPACITY LEVEL TO SATISFY FOOD AND FIBRE NEEDS OF THE COUNTRY, AND PRIMITIVE TECHNIQUES OF...

The objective of this paper is to work out some fundamental dynamic effects on agricultural structure, farm incomes, and efficiency that result from decoupled income payments, the transfer of payments together with a progressive payment cut. To do so, we apply the agent-based model AgriPoliS...

1. European management experience may cause failures in Russia, where land is cheap and, because of that, managerial priorities and tools are different. 2. The managerial practice and education of managers in Russia should be adjusted to the conditions of low land price. In present situation...

This research investigates the strategic behavior of private crop insurance firms reinsured by the USDA through the Standard Reinsurance Agreement. This arrangement allows the private firm to strategically allocate individual policies into different risk sharing arrangements. Thus, firm earnings...