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Hockmann, Heinrich; Voneki, Eva. |
The paper discusses the impact of market power in the Hungarian milk chain. In a first step a vector error correction model is estimates to assess whether a domestic market for raw milk exists. Since the answer was positive we proceed by developing a structural market model of the Hungarian market for raw milk that is able to identify a possible affect of market power on resource allocation. A nonlinear 3SLS approach was applied to estimate the supply and the demand for raw milk. The results provide that despite the high concentration of in dairy processing the indications for market poser are rather limited. The Bertrand like equilibrium can be attributed to the low degree of capacity utilization in dairy processing and the marketing alternative of... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Market power; Market integration; Dairy; Hungary.; Livestock Production/Industries; Marketing. |
Ano: 2007 |
URL: http://purl.umn.edu/7805 |
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Himics, Mihaly; Potori, Norbert. |
In our paper, we briefly discuss the outlook for the main agricultural sectors in Hungary until 2013, and present some of the latest results of our modelling work at the Research Institute for Agricultural Economics (AKI). In addition, we provide a short methodological overview of the applied modelling tools. To strengthen the quantitative analysis capacity during the pre-accession period, AKI developed a partial equilibrium model (Hungarian Simulation Model or HUSIM) by the end of the 1990's. Since then, AKI has been regularly carrying out agricultural policy analyses by applying this economic model. After gathering experiences with HUSIM, strong demand was raised on a modelling tool that enables us to investigate the structural changes in agriculture in... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Mid-term prospects; Decoupling; Farm group model; FARM-T; Hungary.; Farm Management. |
Ano: 2007 |
URL: http://purl.umn.edu/7844 |
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