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Weiss, Christoph R.; Thiele, Holger D.. |
The liberalization of agricultural markets has increased the interest of farmers (as well as those working on policies concerned with their welfare) in agricultural diversification strategies. However, empirical research on diversification in European agricultural markets is very limited. This paper follows OUSTAPASSIDIS (1992) and investigates the relationship between different diversification strategies and farm performance (farm growth rates). The results of fixed– and random-effect models for approx. 3900 farms in Schleswig-Holstein for the period 1988/89–1997/98 show that diversification into related products increases growth rates whereas the opposite applies for diversification into unrelated products. Initial farm size has a significant and... |
Tipo: Journal Article |
Palavras-chave: Diversification; Growth; Farm size; Dynamic panel data analysis; Farm Management. |
Ano: 2002 |
URL: http://purl.umn.edu/98120 |
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Burchardi, Henrike; Schroeder, Carsten; Thiele, Holger D.. |
The ongoing liberalisation of the European food market provides incentives to producers to seek for innovative strategies of product differentiation. One possibility to differentiate the own product from competing ones is its region-of-origin. In this paper, we investigate consumers' willingness-to-pay and underlying preferences for food of the own region. We consider fresh milk as an example. Underlying data stem from a hypothetical contingent valuation and from an incentive compatible experimental setting with real payoffs. We find that consumers perceive fresh milk from local farmers as a trustful, high quality product, and that consumers are interested in supporting local producers. Given that price premiums are small, both methods suggest a... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Consumer/Household Economics. |
Ano: 2005 |
URL: http://purl.umn.edu/19365 |
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