In this paper, we assess the potential for rehabilitation of comparative analysis under its new guise of benchmarking. After a brief description of comparative analysis, we discuss the deficiencies that surrounded its fall in reputation: neglect of economic principles, limited scope for action,...

This article tests the efficiency of the hog options market and assesses the impact of the 1996 contract redesign on efficiency. We find that the hog options market is efficient, but some options yielded excess returns during the live hogs period but not during the lean hogs period. Our findings...

Includes cover page, journal info, contents page, and editorial information

The paper constitutes an attempt at modelling the joint distribution of crop plant yields and prices in Poland. The main objective of the paper was to examine the usefulness of the copula function for the task and the selection of suitable marginal distributions. The fit of a joint distribution...

The aim of this research was an attempt at indicating the Polish agriculture’s place in the EU-27 agriculture basing on the outputs realized, the inputs and the results obtained by farms. Data from the FADN database was used. It was the weighted averages per farm in each of the 27 EU member...

The use of economic analysis to aid farm input investment decisions has been contentious because of observed flatness of economic response in the region of the optimum input. In this paper an application of a crop simulation model, to specify the production response, in conjunction with...

The occurrence of low night temperatures during reproductive development is one of the factors most limiting rice yields in southern Australia. Yield losses due to cold temperature are the result of incomplete pollen formation and subsequent floret sterility. Researchers have found that in 75%...

Cover page and table of contents for issue 41/2