We revisit the concept of Diversified Quality Production (DQP), which we introduced about thirty years ago. Our purpose is to examine the extent to which the concept can still be considered tenable for describing and explaining the development of the interaction between the political economy and...

In this paper, we will analyse the relationship between privatization of a public firm and tax revenue for the domestic government in an international competition, with import tariffs. We consider a duopoly model where a domestic public firmand a foreign private firm compete in the domestic...

We revisit the concept of Diversified Quality Production (DQP), which we introduced about thirty years ago. Our purpose is to examine the extent to which the concept can still be considered tenable for describing and explaining the development of the interaction between the political economy and...

We measure the welfare consequences of endogenous quality choice in imperfectly competitive markets. We introduce the concept of a "quality markup" and measure the relative welfare consequences of market power over price and quality. For U.S. paid-television markets during 1997-2006, we find...

We present a class of dynamic general-equilibrium models of education, innovation and technology transfer to explain the evolution of industries and aggregate growth in closed and open economies. Firms employ educated workers in order to develop higher-quality products. The realization of...

The present paper reconsiders the inside innovators’ licensing problem under incomplete information. Employing an optimal mechanism design approach, we show that, contrary to what is claimed in the literature, the optimal mechanism may prescribe fixed fees, royalty rates lower than the cost...

Industries with mixed oligopoly are exceedingly popular all over the world, especially in developing countries, such as China. This paper highlights the innovation strategies of mixed duopoly with a (semi-) public firm and another private firm, and the effects of mixed oligopoly on innovation...

This paper analyzes several effects of FDI accruing to Textiles, Chemicals, Electronics and Machinery in China. Though the four sectors have contrasting production technologies and vary largely in trade patterns, the related Chinese exports and imports still follow a general trend: East Asia and...

This research evaluates the effects of the key changes that took place in the design of Class III milk pricing within Federal Milk Marketing Orders (FMMOs) on milk price behavior and dairy farm profitability over three milk pricing regimes: Minnesota-Wisconsin price series (1960s – 1995),...

During the recent decade the organizations of agricultural producers in the national dairy, potato, egg and mushroom industries implemented various pre-production and production restriction practices with the primary objective of agricultural output price stabilization. The buyers of the...

We measure the welfare consequences of endogenous quality choice in imperfectly competitive markets. We introduce the concept of a "quality markup" and measure the relative welfare consequences of market power over price and quality. For U.S. paid-television markets during 1997-2006, we find...

Industries with mixed oligopoly are exceedingly popular all over the world, especially in developing countries, such as China. This paper highlights the innovation strategies of mixed duopoly with a (semi-) public firm and another private firm, and the effects of mixed oligopoly on innovation...

The present paper reconsiders the inside innovators' licensing problem under incomplete information. Employing an optimal mechanism design approach, we show that, contrary to what is claimed in the literature, the optimal mechanism may prescribe fixed fees, royalty rates lower than the cost...

This paper considers procurement auctions with costly bidding when the auctioneer is unable to commit himself to restrict the number of bidders. The auctioneer can, however, offer a financial reward to be paid to every short-listed bidders as an indirect commitment device. Rewards for...

Like all markets in the former communist countries, the Eastern European beer market has been strongly affected by the economic reforms in the beginning of the 1990s. In the first years after reforms, there was a substantial decline in the production of barley, malt and beer. However, the...

Exogenous, unobserved factors often confound the effects of alliance networks. More capable farmers might be less likely to exit and more likely to have a large number of alliances. In this case the negative correlation between alliance network size and exit likelihood is due to the unobserved...

A 2004. május 1-jei EU-belépést megelőzően számos tanulmány, cikk, ismertető füzet készült és elemezte a csatlakozás várható agrárgazdasági hatásait. A belépést követően már kevesebb, de jó néhány tartalmas tanulmány tekintett vissza az elmúlt időszakra és adott...

Az Európai Unió 27 tagországában elvégzett 2011–2012-es felmérés szerint a tagországok nagy részében a szövetkezésben rejlő lehetőségeket még nem használják ki, mely megállapítás különösen igaz az új tagországokra, így Magyarországra is. Ennek megfelelően nagyon...

The purpose of this study is to explore the most important findings of the empirical research conducted amongst local governments of settlements in Hungary, in order to perform a comprehensive analysis on their practices and methods regarding planning. The primary research was conducted in the...

I model the strategic interaction between firms, that face decisions on investment, forward contracts and spot market quantities. For an investment decision that takes place after firms have contracted forward but before firms compete on the spot market (medium term investment), competition...

Commodity markets are characterized by large volumes of forward contracts as well as high volatility. They are often accused of weak competitive pressure. This article extends the existing literature by analyzing tacit collusion of firms, forward trading and volatility simultaneously. The...

International trade between countries can be categorised as inter-industry or intra-industry. Intra-industry trade, particularly of vertically differentiated products, has expanded significantly since the 1960s, especially in Europe. However, Fontagné et al. (2006) note that inter-industry...

The study was carried out to assess the benefits derived from SACDP/IFAD through community based participatory projects in Bodinga zone. The zone comprises four villages from two local government areas. All the four villages were purposively selected for the study. Eighty (80) respondents were...

The study carried out in Menchum River valley, Northwest Region of Cameroon had as objective to analyze the profitability and establish the marketing channels of rice in this zone. The study interviewed a total of 126 respondents, selected purposively and using the snow ball sampling technique....

This study was carried out in the Teaching and Research Farm of Delta State University, Asaba Campus from March 2008 to June 2010 to evaluate the response of grain weight of maize to variety, organic manure and inorganic fertilizer. The experiment was carried out in a Randomized Complete Block...

This study relates social-demographic characteristics of Vietnamese households to their consumption of meat. Pork and poultry constitute the majority of meat consumed in Vietnamese households. Hence, pork and poultry consumption have great influence on the total amount of meat consumed....

The influence of concentrate-feed supplementation on dry matter and nutrient intake and digestibility, nitrogen retention and body weight gain in goats challenged with trypanosomiasis was studied. Sixteen male West African Dwarf (WAD) goats (7.32 ± 0.70 kg) inoculated with 1.5 × 106...

The study was conducted to evaluate hydraulic conductivity functions in relation to some soil chemical properties in an oxisols of the tropics. Field and laboratory studies were carried out and data collected, subjected to statistical analytical procedure for computing coefficient of variability...

Value addition is an important concept in Nigeria’s agriculture, including the livestock sub-sector. Its definition is often given with special emphasis on and with respect to agricultural products. However, the general principle in value addition is the process of transforming resources,...