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| Registros recuperados: 66 | |
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| Swinnen, Johan F.M.; Vandemartele, Thijs; Hirschauer, Norbert; Gaetano, Martino; Nijhoff-Savvaki, Rannia; Trienekens, Jacques H.; Omta, S.W.F. (Onno); Bachev, Hrabrin Ianouchev; Bezat-Jarzębowska, Agnieszka; Jarzebowski, Sebastian; Paus, Marguerite; Singh, Dheeraj; Prahalad, V.C.; Wangshu, Lobsang; Bakucs, Lajos Zoltan; Ferto, Imre; Havas, Attila; Ehlers, Melf-Hinrich; Bojnec, Stefan; Ferto, Imre; Levkovych, Inna; Toth, Aniko; Forgacs, Csaba. |
| The rise of a western-style middle class in many successful emerging economies like China currently is inducing deep structural changes on agricultural world markets and within the global agri-food business. As a result of both higher incomes and concerns over product safety and quality the global demand for high-quality and safe food products is increasing significantly. In order to meet the new required quality, globally minimum quality standards are rising and private standards emerging. All over the world these developments cause adjustments at the enterprise, chain and market levels. At the same time, the tremendously increasing demand for renewable energy has led to the emergence of a highly promising market for biomass production. This has... |
| Tipo: Book |
Palavras-chave: Agribusiness; Agricultural and Food Policy; Agricultural Finance; Community/Rural/Urban Development; Industrial Organization; Institutional and Behavioral Economics; International Development; Marketing; Political Economy. |
| Ano: 2008 |
URL: http://purl.umn.edu/92317 |
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| Bakucs, Lajos Zoltan; Ferto, Imre; Szabo, Gabor G.. |
| In this paper we analyse price transmission for the carrot, parsley, tomato, green pepper and potato markets. Although there is a dual farm structure dominated by small individual farms, our results imply that price information flows from the producer to the retail level for potatoes, parsley and carrots. Our results also suggest that farmers do not merely accept prices, but can actually influence market prices. Tomato and green pepper prices have large transmission elasticities, and causality runs from the retail to producer level. It therefore follows that tomato and green pepper producers tend to accept prices and that the sector’s prices are determined by upper market levels (processors, wholesalers, retailers). These results are reinforced by the fact... |
| Tipo: Journal Article |
Palavras-chave: Hungarian vegetable sector; Producer prices; Price transmission; Demand and Price Analysis; Crop Production/Industries. |
| Ano: 2007 |
URL: http://purl.umn.edu/47013 |
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| Hockmann, Heinrich; Brosig, Stephan; Popp, Jozsef; Wilkin, Jerzy; Juchniewicz, Małgorzta; Milczarek, Dominika; Ferto, Imre; Forgacs, Csaba; Juhasz, Aniko; Kurthy, Gyongyi; Hein, Piret; Hobbs, Jill E.; Nuppenau, Ernst-August; Brümmer, Bernhard; Zorya, Sergiy; Bakucs, Lajos Zoltan; Bojnec, Stefan; Svetlov, Nikolai M.; Hurrelmann, Annette; Maack, Kai; Hanf, Jon Henrich; Glauben, Thomas; Herzfeld, Thomas; Wang, Xiaobing; Balint, Borbala; Lerman, Zvi; Shagaida, Natalya; Benner, Eckhard; Wandel, Jurgen; Nivievskyi, Oleg; Kuhn, Arnim. |
| Since the seminal work of Adam Smith, markets have been considered an efficient tool for co-ordinating the behaviour of economic agents. The basic characteristic of a market economy is that the complex system of interaction among individuals is not centrally coordinated. Under the assumption of profit and utility maximisation (and a whole set of assumptions about the institutional framework), relative prices and their change over time provide the signals that guide, like an invisible hand, the allocation of resources, i.e., the structure of production and the intensity of input use in the various production processes. They do this by co-ordinating the activities of economic agents, i.e., of resource owners, producers, intermediaries, traders, and... |
| Tipo: Book |
Palavras-chave: Agribusiness; Community/Rural/Urban Development; Industrial Organization; International Development; Labor and Human Capital; Land Economics/Use; Political Economy. |
| Ano: 2005 |
URL: http://purl.umn.edu/93018 |
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| Ferto, Imre; Hubbard, Lionel J.. |
| We analyse the evolving pattern of Hungary's agri-food trade using recently developed empirical procedures based on the classic Balassa index and its symmetric transformation. The extent of trade specialisation exhibits a declining trend; Hungary lost comparative advantage for a number of product groups over the 1990s. The indices of specialisation have also tended to converge. For particular product groups, the picture is mixed: indices are reasonably stable for product groups with comparative disadvantage, but those with weak to strong comparative advantage show significant variation. The results reinforce the finding of a general decrease in specialisation, but do not support the idea of self-reinforcing mechanisms, emphasised strongly in much of the... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: International trade; Revealed comparative advantage; Hungary; International Relations/Trade. |
| Ano: 2003 |
URL: http://purl.umn.edu/25851 |
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| Ferto, Imre; Fogarasi, Jozsef. |
| This paper explores the effect of exchange rate volatility and of the institutional quality on international trade flows of transition economies in Central European Countries by applying a gravity model of balance panel between 1999 and 2008. The results show that nominal exchange rate volatility has had a significant negative effect on trade by applying Psuedo- Maximum-Likelihood (PML) estimator method over this period. The institutional quality need to be improved in case of size of government and the quality of regulation. The negative effect of exchange rate volatility on agricultural exports suggests that joining Central European Countries to the euro zone can reduce the negative effects of exchange rate volatility on trade. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: International trade; Gravity model; Exchange rate volatility; Institutions; International Relations/Trade. |
| Ano: 2011 |
URL: http://purl.umn.edu/114351 |
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| Ferto, Imre; Forgacs, Csaba. |
| The paper deals with organic produce in one of the largest and, concerning organic production one of the most diffused counties in Hungary, Pest County located in the north-central part of the country. Factors influencing farmers’ decision on adopting or not e.g. farm size, farm type, location, structure, market for organic products, existence of organic AEM were analysed. Hypotheses based on previous empirical literature were tested by a model explicitly accounting for the effects of farm-specific variables like age, education, size of farms and share of rented land. Logit model was estimated on a cross-section data set of Hungarian farmers for the period 2007. It appears that education has a positive impact on the choice between conventional and organic... |
| Tipo: Journal Article |
Palavras-chave: Innovation; Attitudes; Organic production; Diffusion; Agri-environmental measures; Agricultural and Food Policy; Crop Production/Industries; Food Consumption/Nutrition/Food Safety. |
| Ano: 2009 |
URL: http://purl.umn.edu/53568 |
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| Ferto, Imre. |
| The paper investigates the consensus among Hungarian agricultural economists on specific propositions on the basis of a 2004 survey using a consensus index. In comparison to previous studies of agricultural economists much more diverse found among agricultural economists. In contrast to earlier studies, we have no found evidence of a difference between positive and normative propositions. The results suggest that personal characteristics of agricultural economists, like age, occupation, educational background may have influence on the pattern of responses. We also found some support to the role of positive and normative influences on policy judgement. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Agricultural economists; Consensus; Teaching/Communication/Extension/Profession; A11. |
| Ano: 2005 |
URL: http://purl.umn.edu/24669 |
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| Bakucs, Lajos Zoltan; Falkowski, Jan; Ferto, Imre. |
| In this paper we test the retail milk price integration between two countries, Poland and Hungary. Conventional linear cointegration methods do not reveal any relationship between the two prices, therefore we apply Gonzalo and Pitakaris (2006) method to test the linear cointegration null against the threshold cointegration with an exogenous threshold variable alternative hypothesis. Our results show, that the Hungarian Forint – Polish Zloty exchange rate is econometrically an appropriate threshold variable, the linearity null is rejected, and the two alternative regimes may be characterised with different long-run equilibrium relationships. Corresponding trade data however questions the economic appropriateness of the selected threshold variable. Further... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Horizontal integration; Milk market; Threshold cointegration; Food Security and Poverty. |
| Ano: 2010 |
URL: http://purl.umn.edu/91809 |
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| Bojnec, Stefan; Ferto, Imre. |
| The paper investigates the effects of the institutional determinants on trade in agricultural and food products among the OECD countries using a gravity model approach. We focus on the impact of the quality of governance and the similarity of institutions in explaining variation in bilateral agricultural and food trade patterns. Results confirmed the separate effects for the institutional similarity and the institutional quality on trade patterns. The institutional similarity has positive and significant impact on trade in a similar institutional framework for agricultural, but less for food products. The institutional quality has significant positive impact on trade in both agricultural and food products for importing countries. |
| Tipo: Journal Article |
Palavras-chave: Institutions; International trade; Gravity model; Agribusiness; International Relations/Trade. |
| Ano: 2009 |
URL: http://purl.umn.edu/53543 |
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| Bakucs, Lajos Zoltan; Bojnec, Stefan; Ferto, Imre; Latruffe, Laure. |
| The article investigates the validity of Gibrat’s Law for French, Hungarian and Slovenian farms with FADN data and Heckman selection models, quantiles regressions and panel unit root tests. The contribution to the literature is threefold. First, we compare farm growth in countries with rather different farm structures. Second, we apply two different testing techniques. Finally, we focus on specialised crop and dairy farms rather than all farms, avoiding biases due to heterogeneous structures across the agricultural sector. Results reject the Gibrat’s Law for crop farms in France (except for one sub-period) and Hungary but confirm it for French and Slovenian dairy farms. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Farm growth; Gibrat's Law; Panel unit root; Quintile regression; Agricultural and Food Policy; Farm Management. |
| Ano: 2010 |
URL: http://purl.umn.edu/60911 |
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| Bojnec, Stefan; Ferto, Imre. |
| Trade balances and unit values in Hungarian and Slovenian bilateral agri-food trade with Austria, Germany and Italy, respectively, to distinguish types of the one-way and the two-way trade flows, categories of price competition and categories of quality competition in the twoway trade flows, their dynamics and stability over time are analyzed. The two-way matched trade flows prevail among trade types. In the matched two-way bilateral agri-food trade there is prevalence of categories of price competition over categories of non-price competition, but varies across trading partners. In Hungarian agri-food trade the first category of successful price competition and the third category of successful non-price or quality competition prevail, suggesting... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Competition; Trade types; Dynamics; Mobility index; F12; Q17; Q18; International Relations/Trade. |
| Ano: 2006 |
URL: http://purl.umn.edu/25760 |
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| Bakucs, Lajos Zoltan; Ferto, Imre. |
| The study of marketing margins and price transmission on various commodity markets has been a popular research topic of the past decades (see MEYER, VON CRAMONTAUBADEL, 2004, for a recent survey), however with a few exceptions these studies focused on developed economies. In this paper we examine the above phenomena on the: Hungarian pork market. The Johansen (maximum likelihood) or Engle and Granger (two step) cointegration tests do not reject the no-cointegration null hypothesis between the Hungarian pork producer and retail price series. Therefore we apply the Gregory and Hansen procedure with recursively estimated breakpoints and ADF statistics, and found that the prices are cointegrated with a structural break occurring in April 1996. Exogeneity tests... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Price transmission; Marketing margin; Pricing; Structural breaks; Hungarian pork market; Demand and Price Analysis; Marketing. |
| Ano: 2006 |
URL: http://purl.umn.edu/10031 |
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| Ferto, Imre; Fogarasi, Jozsef. |
| The literature on the agricultural transformation in Central an Eastern European countries usually neglect the investigation of organizational forms in agriculture. This paper is the first to analyze the choice of organization forms in transition agriculture employing transaction cost theory. The analysis is based on Hungarian FADN data in 2003. In general, our results do not support the theoretical predictions on the choice of farm organization, but confirm the differences in capital level and farm area observed in different farm organizations. The divergence between theory and empirics shed light on the importance of path dependency in explaining of farm organizations. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Farm Management. |
| Ano: 2005 |
URL: http://purl.umn.edu/19463 |
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| Ferto, Imre; Hubbard, Lionel J.. |
| Intra-industry trade in agri-food products between Hungary and the EU is shown to be low and dominated by vertically rather than horizontally differentiated products, suggesting higher economic adjustment costs. Following recent empirical studies, we then test econometrically for the determinants of this trade using different measures of horizontal and vertical trade, and employing an array of popular explanatory variables. Results suggest that separating the measure of intra-industry trade into vertical and horizontal provides for better estimation and supports the contention that the determinants may differ by type of trade. In the regression analysis, the level of intra-industry trade is found to serve as a better dependent variable than the degree or... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Intra-industry trade; Product differentiation; Hungary; International Relations/Trade. |
| Ano: 2002 |
URL: http://purl.umn.edu/24884 |
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| Registros recuperados: 66 | |
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