The aim of this paper is to point out some problems of index estimation for the purposes of weather derivative valuation considering the particularities of agriculture. The assessment of the sensitivity of barley to weather over 40 years has been the basis for the design and valuation of weather...

The volatility of agricultural markets has increased remarkably in recent years. In spite of this, the way in which supply chain actors perceive market volatility has only rarely been analyzed. This paper seeks to close this research gap by presenting empirical findings about how the volatility...

The economic theory links the growth of production factors remuneration with the productivity improvement. In the case of contemporary European agriculture, among the most important income creators are money transfers, namely direct payments. These transfers are part of the agricultural and...

The theoretical questions of mathematical modeling of agricultural production processes are described. Production of agricultural goods and foodstuffs is modeled except for the production of forage and involvement of equipment and techniques, buildings, infrastructure etc. The model is based on...

European integration created new conditions for functioning of Polish economy. The development of rural areas and agriculture depends to a large extent on the financial support from the national budget and from the EU. This creates a chance to implement a modernisation process in agriculture and...

Agriculture has always been exposed to a wide spectrum of risks. But it is largely undisputed that farmers have faced growing risks in recent years. More volatile agricultural and input prices, climate change, ongoing discussions about the future of the Common Agricultural Policy, increasing...

The main objective of this article is to evaluate the agriculture diversification in Poland, Czech Republic, Slovakia and eastern Germany based on selected characteristics of production potential.. The NUTS 2 level was adopted for the analysis. Agriculture diversification was examined using the...

Why are agricultural yields so low and growing so slowly in Africa? Using simple models, this paper proposes a research program to uncover the reasons for the low levels of input intensity and slow pace of technological innovation in African agriculture. Attention is focused on the relative...

A fenntartható mezőgazdaság egyik ismérve a gazdaságok hosszú távú fennmaradása. A hosszú távú fennmaradást valószínűsítő jellemzőket kerestünk a 2000. és 2010. évi Ãltalános Mezőgazdasági Összeírás egyéni gazdaságokra vonatkozó adatai alapján logit modell...

A magyar mezőgazdaság szerkezetét áttekintve megállapítható, hogy az egyéni gazdaságok száma meredeken csökkent 2000 és 2013 között, miközben a gazdasági szervezetek száma nem változott számottevően. A csökkenés elsősorban a kis, saját fogyasztásra termelő gazdaságok...