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Price volatility on the German Agricultural Markets AgEcon
Ledebur, Oliver von; Schmitz, Jochen.
In this contribution, the development of price volatility on German agricultural markets is analyzed. We quantify the degree of price volatility for selected German agricultural markets and determine how it evolves over time and search for policy driven structural changes in volatility levels measured by the historical volatility. Based on annualised historical volatilities t test were performed to identify if the change in the volatility levels show any relationship to the process of reform of the CAP. An increase in volatility could be identified for the main German markets regulated by the Common Market Organisations. A positive relationship among the reform process of the CAP and the changes of the volatility levels could be identified particularly for...
Tipo: Presentation Palavras-chave: Volatility; German agricultural markets; Agricultural policy; Risk and Uncertainty; Q11; Q13; Q18.
Ano: 2012 URL: http://purl.umn.edu/122534
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Farm Income Stabilization: A Central Goal for American and European Policies AgEcon
Tyner, Wallace E.; Jacquet, Florence; Gray, Allan W..
The central thesis developed in this paper is that snapshot views of the global measures of agricultural support mask what is really happening in U.S. and E.U. agricultural policies. We demonstrate that American and European farmers are effectively protected from market risk by these policies. The level of PSE is largely determined by the level of world price. Most economists do not pay much attention to the role of agricultural policies in income stability. Yet farm income stability is clearly a prime objective of government policy both in the E.U. and the U.S. and probably elsewhere. We need to turn out attention to this objective if we are to produce policy analysis relevant to real world policy decisions.
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural policy; Market risks; Agricultural income; U.S.; E.U.; Agricultural and natural resource economics; Agricultural and Food Policy.
Ano: 2005 URL: http://purl.umn.edu/24683
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Landbrugspolitikkens okonomisk-teoretiske fundament AgEcon
Kyed, Karsten; Kaergard, Niels; Zobbe, Henrik.
This paper discusses economic arguments for government intervention and support in agriculture. Two types of arguments seem plausible. The first one refers to the classical view that agriculture has a chronic income problem and therefore governments must intervene to ensure a fair income distribution between sectors. The second argument has something to do with the multifunctional role of agriculture and therefore government intervention and support can secure an production of collective goods and positive externalities. Both arguments are however problematic. Income support payments will be capitalized and benefit only the current owner of land. Payments based on multifunctionality will vary across countries due to different marginal utility and...
Tipo: Working or Discussion Paper Palavras-chave: Agricultural policy; Income problems; Multifunctionality; Landbrugspolitik; Indkomstproblemet; Multifunktionalitet; Agricultural and Food Policy; Q18.
Ano: 2001 URL: http://purl.umn.edu/24205
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Analyzing Crop Revenue Safety Net Program Alternatives and Impacts on Producers and Program Costs AgEcon
Jansen, Jim A.; Lubben, Bradley D.; Stockton, Matthew C..
This study evaluates the policy effects of alternative program designs for federal revenue-based farm income safety net programs. Eight representative farms across Nebraska are used to stochastically simulate the financial impact of changing the current farm crop revenue-based safety net with a state revenue trigger against potential alternative programs involving guarantees at the district, county, or farm level. Results indicate that decreasing the aggregation of the revenue guarantee increases expected farm-level payments and program costs for the revenue-based safety net.
Tipo: Presentation Palavras-chave: Agricultural policy; Farm bill; Farm programs; Government payments; Representative farms; Risk management; Simulation; Agricultural and Food Policy; Farm Management; Risk and Uncertainty; Q12; Q18.
Ano: 2012 URL: http://purl.umn.edu/119784
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Agricultural Employment Trends in an Enlarged European Union: Does the CAP Reform/Introduction Matter? AgEcon
Baum, Sabine; Cook, Peter; Stange, Henriette; Weingarten, Peter.
In the course of economic development there is a general downward trend of agricultural employment, although structural change in agriculture is often delayed. In the EU-15, agricultural employment decreased by -2.3% p.a. (measured in regular persons) and -3.0% p.a. (measured in annual working units) between 1995 and 2000. In some of the new EU Member States, employment in agriculture plummeted in the early 1990s, whereas in others it increased during the first years of transition and has served as a social buffer in times of economic hardship. The most important determinants of agricultural employment changes are labor saving technical progress, the macroeconomic environment, the farm structure, socio-economic characteristics of the farmer and...
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural labor market; Agricultural policy; European Union; Transition countries; Case studies; Agricultural and Food Policy; Labor and Human Capital; J43; Q18; Q19.
Ano: 2006 URL: http://purl.umn.edu/25395
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Interactions between the Agricultural Sector and the HIV/AIDS Pandemic: Implications for Agricultural Policy AgEcon
Jayne, Thomas S.; Villarreal, Marcela; Pingali, Prabhu L.; Hemrich, Gunter.
This paper considers how the design of agricultural policies and programmes might be modified to better achieve policy objectives in the context of severe HIV epidemics and underscores the central role of agricultural policy in mitigating the spread and impacts of the epidemic. Based on projections of future demographic change in the hardest-hit countries of eastern and southern Africa, HIV/AIDS is likely to have the following effects on the agricultural sector: (1) increased rural inequality caused by disproportionately severe effects of AIDS on relatively poor households; (2) a reduction in household assets and wealth, leading to less capital-intensive cropping systems for severely affected communities and households; and (3) problems in transferring...
Tipo: Report Palavras-chave: Agricultural policy; HIV/AIDS; Structural transformation; Production factors; Agricultural and Food Policy; Health Economics and Policy; Downloads July 2008-July 2009: 8; Q18 - Agricultural Policy; Food Policy; J43 - Agricultural Labour Markets; O12 - Microeconomic Analyses of Economic Development.
Ano: 2004 URL: http://purl.umn.edu/54046
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2008 Farm Bill – Focus on ACRE (Average Crop Revenue Election)(PowerPoint) AgEcon
Zulauf, Carl R..
Presented to USDA Economists Group, Washington, DC, 03 October 2008.
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural policy; Revenue protection; Farm bill; Agricultural and Food Policy; Farm Management; Risk and Uncertainty.
Ano: 2008 URL: http://purl.umn.edu/43907
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AGROHOLDINGS AND CLUSTERS IN KAZAKHSTAN’S AGRO-FOOD SECTOR AgEcon
Wandel, Jurgen.
The paper provides an overview of the institutional arrangements on the micro level that have evolved in the agro-food sector of Kazakhstan in the course of transition. Emphasis is laid on more complex arrangements like "agroholdings" and "clusters", hitherto mostly unknown in the agro-food sectors of established market economies. It is shown that "agroholdings" are concentrated mainly in the northern part of Kazakhstan and to a large extent in the grain sector, while in the south a scattered small scale (individual) farm structure has emerged. Parallel to this market-driven development, the Kazakhstani government tries to promote other institutional arrangements that it deems to be of superior competitiveness, especially agro-food clusters. Refering to...
Tipo: Working or Discussion Paper Palavras-chave: Agroholdings; Cluster; Kazakhstan; Agricultural policy; Institutional change; Agroholdings; Cluster; Kasachstan; Agrarpolitik; Institutioneller Wandel.; Agribusiness; Agricultural and Food Policy; Community/Rural/Urban Development; Farm Management; Industrial Organization; Land Economics/Use; Production Economics; Productivity Analysis; Q13; Q18; L 22.
Ano: 2009 URL: http://purl.umn.edu/91766
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Möglichkeiten zur Umsetzung integrierter Fördermaßnahmen an der Schnittstelle Landwirtschaft, Umwelt, Ländliche Entwicklung im Rahmen der Verordnung (EG) Nr. 1257/99 AgEcon
Knickel, Karlheinz.
EC Regulation 1257/99 of 17 May 1999 underlines the intention of the European Commission of an integrated rural development policy. In this paper the chances are examined that this new policy orientation offers for a more multifunctional agriculture. Possibilities for the implementation of integrated support measures at the interface of agriculture, environment and rural development are presented. First, functional relationships between agriculture and rural development are explored on the basis of three examples. This is followed by a more analytical section on relevant experiences, data and concepts. The significance of 'new', agriculture-related activities in rural areas is underlined. A paradigm shift from volumes and costs of production towards...
Tipo: Journal Article Palavras-chave: Agriculture; Environment; Rural development; EC Regulation 1257/99; Rural development programmes; Agricultural policy; Multifunctional agriculture; Value added; Employment; Agricultural and Food Policy; Community/Rural/Urban Development; Environmental Economics and Policy.
Ano: 2001 URL: http://purl.umn.edu/98864
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Pourquoi et comment l’instabilité est-elle une caractéristique structurelle des marchés agricoles? AgEcon
Boussard, Jean-Marc.
Agricultural price volatility is "bad". But where does it come from? Remedies are completely different for "endogenous" or "exogenous" fluctuations. The recent crisis seems to indicate that exogenous remedies have been applied to endogenous fluctuations.
Tipo: Conference Paper or Presentation Palavras-chave: Instability; Agricultural policy; Development; Fluctuations; Quotas; Cobweb; Insurance.; Agricultural and Food Policy; Industrial Organization; Political Economy; Production Economics; Public Economics; B5; D4; D6; D8; N5; O1..
Ano: 2007 URL: http://purl.umn.edu/44424
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ASSESSING THE COSTS AND ENVIRONMENTAL CONSEQUENCES OF AGRICULTURAL LAND USE CHANGES: A SITE-SPECIFIC, POLICY-SCALE MODELING APPROACH AgEcon
Wu, JunJie; Adams, Richard M.; Kling, Catherine L.; Tanaka, Katsuya.
The growth in federal conservation programs has created a need for policy modeling frameworks capable of measuring micro-level behavioral responses and macro-level landscape changes. This paper presents an empirical model that predicts crop choices, crop rotations, and conservation tillage adoption as a function of conservation payment levels, profits, and other variables at more than 42,000 agricultural sites of the National Resource Inventory (NRI) in the Upper Mississippi River Basin. Predicted changes in crop choices and tillage practices are then fed into site-specific environmental production functions to determine changes in nitrate runoff and leaching and in water and wind erosion at each NRI site. This policy-scale model is applied to the case of...
Tipo: Working or Discussion Paper Palavras-chave: Agricultural policy; Conservation practices; Green payments; Land use changes; Nitrate runoff and leaching; Non-point pollution; Soil erosion; Environmental Economics and Policy; Land Economics/Use.
Ano: 2003 URL: http://purl.umn.edu/18475
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The decoupling of farm programs: Revisiting the wealth effect AgEcon
Femenia, Fabienne; Gohin, Alexandre; Carpentier, Alain.
Recent reforms of agricultural policies in developed countries introduced direct payments to the detriment of traditional production enhancing instruments. Whereas these new instruments can influence production through several effects, current empirical studies do not show any significant impact on production; direct payments mainly increase land values. In this article, we revisit the evaluation of the coupling effects passing through the wealth of agricultural households. The initial wealth of these agents, while being mainly in form of land asset holding, is always assumed to be fixed. On the contrary we show theoretically and empirically that, once the impact of farm programs on initial wealth is properly accounted for, the measure of the coupling...
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural policy; Decoupling; Wealth effect.
Ano: 2008 URL: http://purl.umn.edu/48107
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ENTWICKLUNG DES TSCHECHISCHEN ZUCKERSEKTORS SEIT 1989 AgEcon
Bavorova, Miroslava.
The breakdown of the planned economy in the Czech Republic induced many changes for the Czech sugar industry. Successful restructuring should foster competitiveness of sugar production and processing. Another target of the sugar sector is its preparation for EU-accession by adjusting to EU market regulations. Consequently, the liberal sugar market policy which was introduced shortly after 1989 was transferred into a system with price and quantity control. Today, this policy differs only in degree from EU market policy. The processes of privatization, restructuring and modernization have been conducted successfully in the nineties. International investors made significant contributions, especially by investing in sugar processing. Despite of a favorable...
Tipo: Working or Discussion Paper Palavras-chave: Czech Republic; Sugar industry; Sugar market; Agricultural policy; Competitiveness; Agricultural and Food Policy; Crop Production/Industries; Q13; Q18.
Ano: 2002 URL: http://purl.umn.edu/14915
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Food sovereignty and agricultural trade policy commitments: How much leeway do West African nations have? AgEcon
Laroche Dupraz, Catherine; Postolle, Angele.
The 2008 food crisis has challenged the political legitimacy and economic efficiency of the liberalization of international agricultural trade. An alternative vision defended by the food sovereignty movement is that longterm food security cannot rely on dependency on food imports, but must be built on the development of domestic production with enough barrier protection to shelter it from world price fluctuations and unfair trading. The purpose of this paper is to look into whether the West African nations can achieve food sovereignty given their various trade commitments and other external constraints. The particularity of our approach is to combine a historical economic analysis with a political approach to food sovereignty and trade commitments. Our...
Tipo: Working or Discussion Paper Palavras-chave: Food sovereignty; West Africa; Protection; Agricultural policy; WTO negotiations; Agricultural and Food Policy.
Ano: 2011 URL: http://purl.umn.edu/115439
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Complex Policy Choices about Agricultural Externalities: Efficiency, Equity and Acceptability AgEcon
Tisdell, Clement A..
A feature of the research contribution of Konrad Hagedorn is his proposals for the integration of economic, social and political dimensions of agricultural policy. His wholistic approach involves, in part, an extension of new institutionalism to public policy. This article identifies a number of difficulties that arise in choosing public policies for regulating externalities generated by agricultural activity. First, it is noted that finding an economically efficient agricultural policy can be difficult because the functions involved can be irregular – they may involve features associated with the mathematics of catastrophe. This adds to the complexity of public decision-making and adds to the bounds in rational choice. Secondly, in the light of the...
Tipo: Working or Discussion Paper Palavras-chave: Agricultural policy; Public policy; Agricultural and Food Policy; Environmental Economics and Policy; Political Economy; Public Economics.
Ano: 2008 URL: http://purl.umn.edu/55107
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Strategic Analyses of the National River Linking Project (NRLP) of India, Series 1. India’s water future: scenarios and issues AgEcon
Tipo: Book Palavras-chave: River basins; Environmental flows; Development projects; Water requirements; Irrigated farming; Water demand; Food demand Groundwater irrigation; Irrigation efficiency; Water harvesting; Supplemental irrigation; Water productivity; Water conservation; Drip irrigation; Sprinkler irrigation; Rainfed farming; Agricultural policy; Agricultural and Food Policy; Farm Management.
Ano: 2009 URL: http://purl.umn.edu/113261
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Selective vs. Broad-Spectrum Pesticides: When Do Private Decisions Differ from Socially Optimal Decisions? AgEcon
Grogan, Kelly A.; Goodhue, Rachael E..
This paper examines the spatial externalities of conventional and organic pest control methods to determine if, and how, the two types affect each other. These interactions make the problem more complicated than the usual analysis of a single externality. The numerical simulation model includes one organically managed and one conventionally managed field. One pest and one predator of the pest move between the two fields over five seasons. In each season, the conventional grower has the option of applying a broad-spectrum pesticide that kills the predator a selective pesticide that has no adverse effects on the predator but is either more expensive or less effective than the broad-spectrum pesticide. The organic grower can apply an organic pesticide,...
Tipo: Conference Paper or Presentation Palavras-chave: Spatial-dynamic games; Spatial externalities; Non-cooperative games; Organic agriculture; Biological control; Agricultural policy; Agricultural and Food Policy; Crop Production/Industries; Resource /Energy Economics and Policy; C61; C72; Q18; Q52; Q57.
Ano: 2011 URL: http://purl.umn.edu/103760
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Analysing the Impact of Decoupling at a Regional Level in Ireland: A Farm Level Dynamic Linear Programming Approach AgEcon
Shrestha, Shailesh; Hennessy, Thia C..
This paper describes a methodology to assess the impact of the decoupling of payments on Irish farms at a regional level. The methodology is based on a farm level dynamic linear programming model which optimises regional gross margin under a set of constraints. Regionally representative farms are selected using cluster analysis. The model maximises aggregate gross margins from all the farm types in a region allowing land and milk quota to transfer between farms within the region. The model is estimated for a baseline scenario, assuming no policy change, and under a decoupled scenario where farm payments are fully decoupled from production. An example of an impact study at the Border region in Ireland is presented in this paper to demonstrate the methodology.
Tipo: Conference Paper or Presentation Palavras-chave: Decoupling; Linear Programming; Cluster analysis; Agricultural policy; Regional level; Agricultural and Food Policy.
Ano: 2006 URL: http://purl.umn.edu/25458
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Australia Agriculture Policy Review AgEcon
Gilmour, Brad; Gurung, Rajendra Kumar.
Australia is a significant player in world trade for several commodities and agriculture is a vital part of the Australian economy. Around 60% of Australia is devoted to agriculture, with three broad zones in which agricultural activity occurs. These are referred to as the pastoral, wheat–sheep, and high rainfall zones. Australia had only about 130,000 commercial farms in 2005, so average farm size is high. Australia's agriculture is market driven and export-oriented. For some products, aggregations for values of production and for export values are not directly comparable because export values reflect the value of more highly processed products such as sugar and wine. Overall, about 65% of agricultural production is exported, representing about 25% of...
Tipo: Report Palavras-chave: Australia; Agricultural policy; Adjustment; Business risk management; Productivity; Agricultural and Food Policy; Environmental Economics and Policy; Land Economics/Use; Resource /Energy Economics and Policy; Risk and Uncertainty.
Ano: 2007 URL: http://purl.umn.edu/46669
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The Cost of the U.S. Sugar Program Revisited AgEcon
Beghin, John C.; El Osta, Barbara; Cherlow, Jay R.; Mohanty, Samarendu.
We revisit the cost of the U.S. sugar program by analyzing the welfare implications of its removal. We use a multimarket model of U.S. sweetener markets, which includes raw crops, sugar extraction and refining, high-fructose corn syrup, and sweetener users (food-processing industries and final consumers). Our approach addresses the industrial organization of food industries using sweeteners and treats the United States as a large importer. We estimate that, with the removal of the program, cane growers, sugar beet growers, and beet processors would lose $307 million, $650 million, and $89 million (1999 prices), respectively. Sweetener users would gain $1.9 billion (1999 prices). The deadweight loss of the current sugar program is estimated at $532 million...
Tipo: Working or Discussion Paper Palavras-chave: Sugar program; Sweetener; Trade; Agricultural policy; Agricultural and Food Policy; Q18; Q17; F13.
Ano: 2001 URL: http://purl.umn.edu/18431
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