Because of its enormous land and yield potentials, the breadbasket of the East, i.e. Russia, Ukraine and Kazakhstan are increasingly important for world grain markets. However, counterproductive market and trade policies, continual farm-level productivity gaps and deficits in marketing...

Because of its enormous land and yield potentials, the breadbasket of the East, i.e. Russia, Ukraine and Kazakhstan are increasingly important for world grain markets. However, counterproductive market and trade policies, continual farm-level productivity gaps and deficits in marketing...

Der Kornkammer des Ostens, namentlich Russland, der Ukraine und Kasachstan, wird aufgrund riesiger Flächen- und Ertragspotenziale eine zunehmende Bedeutung für die Weltgetreidemärkte zugesprochen. Allerdings blockieren widersinnige Markt- und Handelspolitiken, anhaltende betriebliche...

Substantial danger exists that politically prescribed market interventions, designed to counter a supposed failure of the markets, will leave markets functioning worse rather than better. This is particularly true of Eastern European transition countries, where institutional regulations function...

Es besteht eine erhebliche Gefahr, dass politisch verordnete Markteingriffe, die einem vermeintlichen Versagen der Märkte entgegenwirken sollen, Agrarmärkte nicht besser sondern schlechter funktionieren lassen. Dies gilt einmal mehr für osteuropäische Transformationsländer mit einem...

Der internationale Agrarhandel ist ein Schlüsselfaktor für die globale Ernährungssicherheit. Er schafft ein vielfältigeres Nahrungsangebot (e.g. Krivonos und Kuhn 2019), sichert gegen lokale Produktionsausfälle ab (Glauben et al. 2022) und hilft, sich regionale Produktions- und...

International agricultural trade is key to improving global food security. It ensures access to more diversified foods (e.g. Krivonos and Kuhn 2019 ), acts as a safety net against local production shortfalls (Glauben et al. 2022) and helps make use of regional climatic or resource-related...

Since the work of FEENSTRA (2002), the standard ANDERSON & VAN WINCOOP (2003) Gravity Model has been estimated using a fixed effects approach. However, a fixed effects approach has a major drawback: it does not allow for the estimation of exporter- and importer-invariant variables. Thus,...

For a considerable time, long-only index funds have been suspected of being responsible for price increases on agricultural futures markets, particularly those for grain. Utilizing partial equilibrium concepts, we analyze the market impacts of long-only index funds. Our analysis reveals that...