In December 2006 the Regulation (EC) No. 1924/2006 on the use of nutrition and health claims (NHCs) on foods was enacted in order to prevent consumer deception and to harmonise law within the EU. Against this background, this paper analyses the potential costs and benefits linked with NHCs and...

The aim of this paper is to analyse the retail prices of premium German white wines sold in the Scandinavian countries. German white wines account for approximately 5-6 per cent of the total sale of wines - both red and white wines - in Denmark, Norway and Sweden. However, the market shares of...

Complete and consistent, i.e. theoretically appropriate demand systems have seldom been developed for Germany. Econometric food demand analyses have concentrated on single products and product groups. Generally, demand functions have been estimated using single equation methods. The purpose of...

Until now empirical analyses have not succeeded in the determination of a general upon agreed bunch of the most important driving forces of structural change in agriculture beyond the level of the national economy. It will be argued that the sometimes contradictory results of different studies...

Die Methodik der Aggregation von Importzöllen kann die Ergebnisse von Liberalisierungsstudien maßgeblich beeinflussen. Gegenstand dieses Beitrages ist ein Vergleich der unterschiedlichen Methoden zur Aggregation von Importzöllen. Zunächst erfolgt hierfür eine theoretische Darstellung der...

This paper presents a Probit model explaining the expansion of part-time farming in the German State of Hesse. Particular emphasis is placed on the personality traits of the agricultural entrepreneur and the labour market. The regression is based on a cross-section data from 74 Hessian farms....

The liberalization of agricultural markets has increased the interest of farmers (as well as those working on policies concerned with their welfare) in agricultural diversification strategies. However, empirical research on diversification in European agricultural markets is very limited. This...

In the last decades, international trade has increased between industrialised countries and between high- and low-wage countries. This important change has raised questions on how international trade affects the labour market. In this spirit, this paper aims to investigate the impact of...

Following the approach recently developed for the International Wage Flexibility Project (IWFP), the paper presents new estimates of downward real and nominal wage rigidity for Hungary. Results suggest that nominal rigidity is more prominent in Hungary than real rigidity. When compared to other...

The dynamic behaviour of the term structure of interest rates is difficult to replicate with models, and even models with a proven track record of empirical performance have underperformed since the early 2000s. On the other hand, survey expectations are accurate predictors of yields, but only...