The optimal level of state ownership of the agricultural land in Yugoslavia is determined under policy scenarios including food security, price support, trade commitments or quotas, and employment levels. These policies are evaluated with reference to their price (cost) implications, consumers'...

Agricultural trade protection has been common in most industrialized nations for the last decades. While economic inefficiency of trade protection policy has been argued, the assertion may not hold if institutions functioning in economic equilibrium are appropriately recognized. Becker proposes...

Complications arise in the estimation of welfare changes in vertically and horizontally linked markets when technology affects production. Past research has dealt with these complications using single-equation models and dual approaches. We briefly discuss some of the limitations of these...

This paper proposes an analytical framework to examine the market and welfare impacts of GMOs, when some consumers refuse genetically modified organisms (GMOs) and when two supply channels are segregated (one for goods that containing GMOs and one for non-genetically-modified identity-preserved...

It is well recognized that the statistical reliability of the conventional method of estimating the effects of technological change on producer welfare is often quite poor. I present a method that enhances the statistical reliability of such estimates. I emphasize that when measuring the welfare...

The redistributive implications of the Common Agricultural Policy (CAP) of the European Union (EU) have regained a strong interest in recent years since economic and social cohe-sion has become a major goal of European policy. The empirical evidence is surprisingly di-verse and ranges from a...

In this paper we develop a theoretical model of competition among marketing cooperatives (co-ops) in a spatial market setting assuming uniform delivered pricing and Löschian conduct. The model is an extension to Alvarez et al.’s (2000) spatial competition model for investorowned firms (IOF)....

Small countries may benefit from the formation of a trade bloc, since their combined market power will enable them to manipulate the terms of trade. The question of interest is whether countries will benefit from the enlargement of a trading bloc, if trade liberalization induces countries to...

Dynamic evolutions of resource stocks with stochastic elements in the transition equation are in general very difficult to master. Their handling requires a deep understanding of control theory, probability theory and sometimes even of game theory due to strategic interaction of ‘'agents'’....

Governments in developed countries aim to increase the market share of organic products as a possibility to improve the environment or animal welfare or as a reaction to food crises and changing consumer preferences. Assuming that organic farming creates a positive externality, we address the...