Very little is known about changes in the demand characteristics of food in New Zealand. As far as we can determine, there has never been a complete disaggregated food demand model estimated for New Zealand. The object of this paper is to update these estimates using more recent data to see...

A stochastic computer simulation model is used to estimate disaster payments under the Agriculture and Consumer Protection Act of 1973. The model uses a random yield generator and actuarial techniques. Simulated payments under 1976 program parameters and stochastic yields are estimated at $300...

Revitalization of state brands is deemed important to several constituencies. Stated preference with choice experiment methods were used to elicit consumer preferences for two locally grown products: spinach, which has had a well-publicized food safety incidence, and carrots, which have had no...

This paper develops and applies a methodology to assess the accuracy of historical loss-cost rating procedures, similar to those used by the U.S. Department of Agriculture’s Risk Management Agency (RMA), versus alternative parametric premium estimation methods. It finds that the accuracy...

Land ownership and company structure is much more stabile in the agriculture of West- European countries than in Hungary. Therefore the lack of established land policy, land consolidation and farm regulation play the key role on the Hungarian agriculture’s â€map of problemsâ€. These...

Out of the attempts made at modernising the Hungarian society and economy in the era of socialism it was only the agricultural transition and development that has brought a long, internationally recognised success. The Hungarian agricultural model has become a point of reference for numerous...

Our study shows an analysis of a sheep farm. The present farm was chosen for analysis due to the fact that it is run under special natural conditions and as for the sheep farming, it has quite a few non-typical features. These raise some economic issues, which have to be analysed, questions have...

According to both international and Hungarian accounting standards milk quota shall be capitalised among the assets of the enterprises. It is necessary for the implementation of the activity; its value can be defined based on market processes and regulations of the authorities. Due to the...

The material contained herein is supplementary to the article named in the title and published in the American Journal of Agricultural Economics, Volume 88, Number 4, November 2006.

The objective of this paper is to analyse some of the most relevant relationships among macroeconomic variables and the agricultural sector in Tunisia. Three alternative models are specified and estimated: a VAR in levels, an unrestricted Vector Error Correction Model (VECM), and a Restricted...