The competition between the U.S. and the E.U. agricultural subsidies during 1980s decreased the world prices in agricultural and food markets but caused an extensive distortion in the international trade of agricultural and food products. Under these circumstances, World Trade Organization (WTO)...

The European Commission proposes a minimum of 10 % biofuels in the total transport fuel use by 2020. The new 10% minimum target in 2020 is combined with the existing regulation, which fixes the target at 5.75% in 2010. This paper will in particular investigates how a full implementation of the...

For transition countries, the food industry sector is a key industry in terms of output and employment shares. As a competitive sector that receives substantial foreign direct investments (FDI), it plays an important role as an element in the process of integration in the European and world...

Projections on the development of agricultural commodity markets underlie a given set of assumptions on economic growth. However, recent economic and financial crisis, as well as signs of quicker recovery in emerging economies, increase uncertainty in the forecasts of macroeconomic developments....

The negotiations on a deep and comprehensive free trade agreement (FTA) between Ukraine and the EU are currently in process. Such a FTA can be expected to imply opportunities as well as challenges for agricultural markets. This paper provides a model-based quantitative assessment of the...

Developing country producers face several constraints related to food safety standards imposed by developed countries. The purpose of this study is to identify factors affecting export flows with respect to food safety standards; and to measure the effects of food safety standards on exports....

A simple but new theoretical approach is used to analyse ex-ante the impact of tariff reduction. This methodology is based on the assumption of a constant price relation between each direct substitutable product. No elasticities are needed, but accurate import and domestic prices of the most...

The CAP Health Check in 2008 may result in fundamental changes in EU dairy policy. An expansion of the EU dairy quota is being strongly considered as a prelude to the elimination of the quota mechanism by 2014/15. This paper addresses the implications of such a reform for EU and Irish dairy...

The Common Agricultural Policy is modelled as a club good providing the European Union (EU) farmer with financial benefits. We build an economic model which explains how much farmers in individual EU countries invest in rent-seeking activities in order to test for free-riding behaviour on...

Paper removed by author for revision 12/09/08.