In many countries the state heavily intervenes in the agricultural sector. For instance, domestic prices of agricultural products are regulated by import quotas, export subsidies and intervention prices. Furthermore, coupled or decoupled payments as well as several other subsidies (e.g. for...

This study analyzes the impact of the Mid-Term Review (MTR) on the agricultural sector in Schleswig-Holstein, a federal state in Germany. First, a very detailed farm group linear programming model is built to quantify the effects on agricultural production and farm incomes. The production...

Many statistical analyses are based on models containing systems of structurally related equations. In cases where cross-equation disturbances are correlated, full information methods are required (Zellner, 1962). If exogenous variables are stochastically dependent on the disturbances in the...

The study is devoted to the comparative static analysis and econometric estimation of farm household decisions under both standard and agricultural taxes. Accounting for labor market constraints a non-separable model is constructed implying increasing per-unit costs of accessing labor markets....

Econometric estimation of production functions is one of the most common methods in appliedeconomic production analysis. These studies usually apply parametric estimation techniques,which obligate the researcher to specify the functional form of the production function. Mostoften, the...

All business transactions as well as achieving innovations take up resources, subsumed under theconcept of transaction costs (TAC). One of the major factors in TAC theory is information. Informationnetworks can catalyse the interpersonal information exchange and hence, increase the access to...

Based on the well-known fact that social networks can provide effective mechanisms that help to increase the trust level between two trade partners, we apply a simple game-theoretical framework to derive transaction costs as a high risk of opportunistic behavior in a repeated trade relation...

Die Analyse der Auswirkungen von Agrarpolitiken ist in der Regel sehr komplex und erfordert eine detaillierte Modellierung des Angebots- und Nachfrageverhaltens im Agrarsektor. Eine empirische Anwendung setzt daher eine angemessene ökonomische Theorie sowie fortgeschrittene quantitative...