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There has been an increase in food price instability in recent years, with varied consequences for farmers, market participants, and consumers. Before policy makers can design schemes to reduce food price uncertainty or ameliorate its effects, they must first understand the factors that have...
Persistent link: https://www.econbiz.de/10014482116
This paper proposes a methodology to investigate the process of technical change with a focus on the dynamic effects of R&D investments on productivity and on the induced innovation hypothesis for both inputs and outputs. The approach builds on a non-parametric representation of the underlying...
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Over the last few decades, the structure of agricultural production around the world has been changing. An economic analysis of the factors influencing this evolution is presented. Special attention is given to the role of technology and resource mobility. Linkages with changes in market...
Persistent link: https://www.econbiz.de/10014024136
Economic and institutional reforms implemented in Russia during the 1990s have had an immense impact on the country's agricultural sector. The liberalization of trade and the move towards a market economy induced major adjustments in the production structure of Russian agriculture. This paper...
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