Presented study was a part of ESPON TERCO project (European Territorial Cooperation as a Factor of Growth, Jobs and Quality of Life) and was aimed at verifying the hypothesis that territorial cooperation underpins socio-economic development. Based on the literature review a conceptual model of...

Romania had important trade relations with the Mediterranean countries since before 1990. Subsequently, in both the pre-accession and post-accession period, this group of countries took together about 47% of the extra-EU Romanian agri-food exports and 16% of the extra-EU imports (averages...

Since the EU accession, Romania’s agrifood trade increased significantly, in both volume and value terms. Although the old free trade agreements, that have been in force for the last 15 years, were discontinued when it joined the Single Market, Romania continued its trade relations with its...

Romania’s international agrifood trade increased significantly during the last decade, and mostly after the EU accession. Since 1990, the Romanian agrifood trade balance showed an almost continuous increasing deficit trend until 2008. In four years only, the trend reversed and in 2013, for the...

After joining CEFTA in 1997, Romania established a relatively stable group of partner countries for its agri-food trade. Several factors contributed to the stability in time of this group, firstly the existence or establishment of preferential trade agreements, the geographical proximity, and...

The entropic value of the production risk is closely linked to the farmer’s aversion to this type of risk. Since risk aversion is difficult to quantify, it is preferable to use the MaxEnt model as a quantitative benchmark in assessing and covering the production risk through adequate financial...

With liberalization in 1998, numerous firms have entered the German retail electricity market, including newly formed cooperatives. Based on Transaction Cost Economics, we develop a theoretical framework seeking to explain preferences for electricity supplied by cooperatives from a consumer...

Transformation of energy systems is influencing economic policy agendas all over the world, particularly so in industrialized countries. In this process, Germany has taken a pioneering role. Technical innovations, institutional frameworks, and business models established there are of interest...

Consumers can choose from a wide range of electricity supply contracts, including green power options. Electricity produced from renewable energy involves information asymmetries. With a sample of more than 2,000 German electricity consumers, we tested the proposition of a “lemon market” for...

Das Vertrauen der Konsumenten in gesunde Nahrungsmittel wird regelmäßig durchLebensmittelskandale erschüttert. Im Zusammenhang mit der Diskussion von Maßnahmen, die seitens der Produzenten und/oder des Staates ergriffen werden, umNahrungsmittelsicherheit zu gewährleisten, stellt sich die...