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Since the seminal work of Adam Smith, markets have been considered an efficienttool for co-ordinating the behaviour of economic agents. The basic characteristicof a market economy is that the complex system of interaction amongindividuals is not centrally coordinated. Under the assumption of...
Persistent link: https://www.econbiz.de/10009445186
The paper describes a two stage model of Hungarian households' food demand. Demand for the food aggregate is represented by a Working-Leser type single equation model while demand for seven distinct food types is modelled in a complete demand system using the LA/AIDS functional form. Estimation...
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Agricultural production is spread all over Turkey and the considerably different climatic and topographical conditions among the provinces lead to highly diversified agricultural production. Therefore, is it reasonable to assume an integrated market all over Turkey? The authors analyze spatial...
Persistent link: https://www.econbiz.de/10009003723
The Russian Federation is facing crucial dietary problems which burden the health care sector to an increasing degree. In order to correct this trend explanations for the observed mostly unhealthy diets are needed. Therefore the main target of this study was to find evidence about the main...
Persistent link: https://www.econbiz.de/10009368346
This volume of proceedings, available both as hard copy and pdf <http://www.iamo.de/dok/sr_vol31.pdf>, is a compilation of selected contributions to the IAMO Forum 2005, which will be held in Halle (Saale), Germany, at the Institute of Agricultural Development in Central and Eastern Europe from June 16-18, 2005. CONTENTS:...</http://www.iamo.de/dok/sr_vol31.pdf>
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The development over time of market integration between Chinese provinces is analyzed by estimating threshold vector error correction models for rolling windows during 1998-2003. Transaction costs clearly decrease during this period characterized by liberalization of external trade and domestic...
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