The purpose of the paper is to present an agricultural supply model for Scotland used to estimate regional changes in agricultural outputs due to the 2003 Common Agricultural Policy (CAP) reform. Supply functions were estimated for several farm types based on generalised trans-logarithmic...

To protect Malawian dairy farmers against cheap imports of milk powder, tariffs on dairy imports were increased in 2010. The purpose of this work is to analyse the effects of this policy measure on the dairy trade between Malawi and the European Union (EU). The results show that the increase in...

The instability of commodity prices and the hypothesis that speculative behaviour was one of its causes has brought renewed interest in futures markets. In this paper, the hedging effectiveness of European and US wheat futures markets were studied to test whether they were affected by the high...

Dairy is a key investment sector for the Government of Malawi. Advocacy institutions operating in the country have successfully lobbied for increasing the duty applied for powder milk, with the aim of improving the price received by farmers. It should be noted that whilst an increase of the...

This paper analyses the impact of trade on environment in Romania using a partial equilibrium model of bilateral trade in beef between Romania and the EU. We use a recursive dynamic model to analyse beef production and trade and adjust it as to include a component to evaluate the impact of...

Dairy is a key investment sector for the Government of Malawi. Advocacy institutions operating in the country have successfully lobbied for increasing the duty applied for powder milk, with the aim of improving the price received by farmers. It should be noted that whilst an increase of the...

This paper analyses the impact of trade on environment in Romania using a partial equilibrium model of bilateral trade in beef between Romania and the EU. We use a recursive dynamic model to analyse beef production and trade and adjust it as to include a component to evaluate the impact of...