Only few models exist which allow for a regime-dependent spatial price equilibrium. This paper focuses on the price insulating effects of export restrictions. Theory suggests that export restrictions lead to multiple spatial equilibria between the domestic and the world market price. Our...

Recently, discussion about the appropriate estimation of gravity trade models has started in agriculture. Here, we are going to review recent developments in the literature. It appears that fixedeffects Poisson Pseudo Maximum Likelihood is not only the only consistent estimator [Santos Silva and...

We analyze how the governmental market interventions during the commodity price peaks 2007/2008 and 2010/2011 have affected the transmission of price changes along the wheat-to-bread supply chain in Serbia. We aim to investigate if consumers benefitted from the wheat and flour export...

We analyze how the governmental market interventions during the commodity price peaks 2007/2008 and 2010/2011 have affected the transmission of price changes along the wheat-to-bread supply chain in Serbia. We aim to investigate if consumers benefitted from the wheat and flour export...

We analyze how the governmental market interventions, during the commodity price peaks 2007/2008 and 2010/2011, have affected the transmission of price changes along the wheat-to-bread supply chain in Serbia. We aim to investigate if consumers benefitted from the wheat and flour export...

Replaced with revised version of paper 07/29/10.

Replaced with revised version of paper 07/29/10.

The paper investigates the capitalizations of aggregate and disaggregate government subsidies into farmland rental rates using selection bias correction models. It investigates cash as well as share rental rates, which are largely used in US agriculture. The empirical results suggest that...

Replaced with revised version of poster 07/22/10.