In this paper we study the implications of the introduction of the co-decision procedure for the European Union's Common Agricultural Policy and its refirm. We use a game-theoretical model of the legislative procedures in the European Union and show that the move from consultation to co-decision...

In October 2011 the European Commission presented a set of legal proposals designed to make the Common Agricultural Policy more effective. Pending a debate in the European Parliament and the Council, approval is expected by the end of 2013. This Forum aims to identify the proposals' shortcomings...

We estimate a food demand system for Slovakia using a recent Household Budget Survey data collected by the Slovak statistical office covering the period 2004 – 2010. The Quadratic Almost Ideal Demand System (QUAIDS) augmented with demographic, regional and expenditure controls is employed...

The EU Green Deal aims to promote healthier diets that include more nutritious and natural foods instead of ultra-processed products. EU geographical indications (GIs) protecting traditional foods such as Roquefort cheese or Parma ham will be reinforced under the corresponding 'Farm to Fork...

This article presents a political economic analysis of exit from federations. Over time, members' benefits from being in a federation can fluctuate because of changes in the state of the world. If a member stops benefitting, it may wish to secede i.e. exit the federation. Based on a real options...

This paper studies the effects of fiscal rules on public investment. Economists argue that fiscal rules decrease public investment, as it is easier for governments to lower public investment than current expenditures. This paper presents an empirical assessment of the relationship between fiscal...

This is the first paper to analyze the impact of biofuels on the price transmission along the food chain. We analyze the U.S. corn sector and its vertical links with food and ethanol (energy) markets. We find that biofuels affect the price transmission elasticity in the food chain compared to a...

We investigate the food security situation of Slovak households in terms of both access to food and quality of the diet consumed by estimating food demand system and diet diversity demand models using household budget survey data over the period 2004 - 2010. In most samples demand for meat and...

We analyze university research and education in transition countries. University system differs from industry in the nature of product that it produces. University system is engaged in production of public goods rather than private goods. The sector also suffers from measurement problem. We...

The present study examines factor content of the CEE transition country agricultural trade. We examine the relative country abundance for labour, capital and land, and test the Heckscher-Ohlin-Vanek (HOV) hypothesis. Our empirical findings suggest that the factor content of agricultural exports...