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The size of the insurance and wealth effects of a change in the Common Agricultural Policy (CAP) for arable crops is estimated. The impact of price uncertainty is accounted for in the specific decision-making structure of the European Union (EU) arable crop producers under nonlinear...
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Changes in the socio-demographic structure of population are considered a determinant of trends in consumption. We estimated a complete demand system for Italy, with emphasis on food demand, using a Quadratic Almost Ideal Demand System (QUAIDS) with demographic effects. Our results allow...
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