This paper analyses the impacts of the 2003 CAP reform and of milk quota trade at the national level. To this end, a mathematical programming model has been further developed for Germany and extended to other main milk-producing EU member states like France. Homogeneous farm groups are built on...

This paper analyses the dynamics in the farm size distribution for The Netherlands, Germany, Poland and Hungary. A (non-)stationary Markov model approach is used. The transition probabilities are explained by a set of exogenous (policy) variables. The models are estimated using an information...

With the milk quota announced to be abolished in the future, the dairy sector is going to face a significant policy regime shift. This paper sets out to analyze the impact of milk quotas on the dairy farm structure of two important milk producing member states: Germany and the Netherlands. Based...

In this paper we develop a theoretical model that links dynamic efficiency measurement and optimal investment under uncertainty. It is widely acknowledged that uncertainty has an impact on the optimal factor use of a profit maximizing firm. This is particularly true for the optimal adjustment of...

The eutrophication of Lake Tai in the mid-east of China caused by an excessive import of nutrients from agricultural non-point-source pollution impedes social and economic development. In our research we aim to improve the understanding of the farmers’ decision-making process applying chemical...

The existing literature on dynamic efficiency is deterministic and ignores uncertainty when deriving dynamic efficiency measures, even though it is known that uncertainty affects the optimal adjustment path and the optimal use of quasi-fixed factors. Here, we contribute to closing this gap by...