The paper deals with the analysis of productivity and efficiency differences between Czech and Slovak milk producers. The estimate of stochastic metafrontier multiple output distance function revealed that both Czech and Slovak milk producers highly exploit their production possibilities. On the...

The paper attempts to assess the development path of the Czech food processing and to identify the presence of idiosyncratic developments in industries. We elaborate it by using a fitted production function for the construction of TFP and by decomposing TFP into a scale effect, a technical...

The paper presents the analysis of cereal production in the EU. The analysis provides the comparison of production technologies and technical efficiency among EU countries using the country specific multiple output distance function models in the first step and metafrontier approach in the...

The paper presents an analysis of market power in the output milk-processing market. In particular, the paper identifies market failures in the output milk-processing market in 24 EU member states. The analysis is based on a mark-up model and the application of stochastic frontier methodology....

Since the seminal work of Adam Smith, markets have been considered an efficienttool for co-ordinating the behaviour of economic agents. The basic characteristicof a market economy is that the complex system of interaction amongindividuals is not centrally coordinated. Under the assumption of...

Russia is often considered the most prominent country to become a leader on the world grain market. However, several issues slow down Russia’s agricultural progress, for example: a lack of infrastructure and investments, unequal regional development and inefficient use of production...

The paper reviews experiences from the accession process of Poland and the Czech Republic, two countries with different accession conditions regarding the agri-food sector. The paper has two main aims. First is to discuss the scope of action in the EU and in the acceding countries from a game...