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From Contracts to Networks: New Directions in the Study of Governance of Agro‐Food‐Energy Networks AgEcon
Zylbersztajn, Decio.
The debate about the governance of complex systems of production represents a rich branch of the literature of applied organization theory. The particular application to agro‐related networks is a relevant example since agriculture plays new roles in modern society. The core of the analysis is centered in the rationale for allocation of residual decision rights and distribution of the rights regarding the value created. Contributions based in transaction cost economics, resource‐based view, dynamic competences, and incomplete contract theory explore different dimensions related to the allocation of property rights. The question of how joint strategies are defined, and how value added (or subtracted) is shared among network players is still relevant....
Tipo: Conference Paper or Presentation Palavras-chave: Governance; Networks; Coordination of production; Agribusiness; Agricultural and Food Policy; Farm Management; Food Consumption/Nutrition/Food Safety; Political Economy; Research Methods/ Statistical Methods.
Ano: 2010 URL: http://purl.umn.edu/100479
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Development pattern of circular economy in Jiangsu coastland AgEcon
Wang, Liang.
Circular economy is an effective development pattern to balance economic growth, social development and environmental protection. Based on apprehending the connotation of circular economy, this paper fully considers and studies on the future trends in this area according to the theory of circular economy and the empirical circumstances of Jiangsu Coastland. This paper also discusses the circular economy development pattern adopted by Jiangsu coastland during economic and social development from the aspects of the growth of industry, agriculture, tourism and the construction of circular society.
Tipo: Thesis or Dissertation Palavras-chave: Development pattern; Circular economy; Jiangsu coastland; China; Community/Rural/Urban Development; Environmental Economics and Policy; Marketing; Political Economy; Production Economics; Public Economics; Resource /Energy Economics and Policy.
Ano: 2009 URL: http://purl.umn.edu/53474
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Irrigation Restriction and Biomass Market Interactions: The Case of the Alluvial Aquifer AgEcon
Popp, Michael P.; Nalley, Lawton Lanier; Vickery, Gina B..
The U.S. Geological Survey has determined that irrigation in Arkansas’ Delta is unsustainable. This study examines how irrigation restrictions would affect county net returns to crop production. It also considers the effect of planting less water-intensive bioenergy crops—switchgrass and forage sorghum—in the event biofuel markets become a reality. Results suggest that sustainable irrigation restrictions without bioenergy crops would decrease producer returns by 28% in the region. Introducing these alternative crops would both reduce groundwater use and may restore state producer returns, albeit with significant spatial income redistribution to crop production throughout the state.
Tipo: Journal Article Palavras-chave: Biomass crops; Ground water irrigation; Spatial income redistribution; Sustainability; Agribusiness; Agricultural and Food Policy; Crop Production/Industries; Environmental Economics and Policy; Financial Economics; Land Economics/Use; Political Economy; Resource /Energy Economics and Policy; Risk and Uncertainty; Q24; Q25; Q32; Q42; O13.
Ano: 2010 URL: http://purl.umn.edu/57150
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The 2007 emerging corn price surge revisited – Was it expected or a large surprise? AgEcon
Schmitz, Jochen; Ledebur, Oliver von.
Point forecasts are a common method to classify uncertain future outcomes. In the option price literature the concept of implied volatility is well known. This concept is used to get a forward looking indicator about the future volatility. Nowadays market expectations can be extracted in numerous ways. One of the first articles regarding this topic in the area of exchange rates and interest rates was Sölderlind and Svensson (1997). Extracting market expectations is not only focused on point forecasts. A more ambitious approach is to extract the whole possible range of market expectations out of option prices. This concept is called risk-neutral density (RND). Most agricultural markets undergo some remarkable price movements in the last 4 years. The reasons...
Tipo: Presentation Palavras-chave: Risk neutral density; Market expectations; Futures prices; Corn market; Agricultural Finance; Financial Economics; Political Economy; Research Methods/ Statistical Methods; Q14; C53; C58; G17.
Ano: 2012 URL: http://purl.umn.edu/123971
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WESTERN CANADA’S EXPORTS: CAUSES AND IMPLICATIONS OF CHANGING COMPETITIVENESS IN KEY MARKETS AgEcon
Mirus, Rolf; Ryan, Chris.
This report surveys the export performance of Western Canadian goods producers for the period 1995 to 2007. During that period Canada’s GDP growth outpaced export growth, but Western Canada’s exports grew at a faster rate than Canada’s exports overall, resulting in increased weight of Western exports in Canada’s total. As well, Western Canada’s exports have shifted significantly towards the NAFTA markets of US and Mexico. The composition of products exported from the West and the individual provinces is shown in detail. Each province is found to have unique export strengths. During the observation period, B.C.’s exports were the most volatile and Manitoba’s the least, but overall the provincial economies of Alberta and Saskatchewan were the most volatile....
Tipo: Report Palavras-chave: Western Canada; International trade; Trade; Competitiveness; Key markets; NAFTA; FTA; Free trade agreements; Imports; Exports; United States; Alberta; Western provinces; International Development; International Relations/Trade; Political Economy; Public Economics.
Ano: 2008 URL: http://purl.umn.edu/60430
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Influence of rural development policy targets on farm efficiency – An efficiency study of labour intensive grape growing family farms AgEcon
Manevska-Tasevska, Gordana; Hansson, Helena.
The aim of this study was to provide an empirical analysis of the performance of Macedonian grape-growing family farms assessed in terms of technical, allocative, and economic efficiency and to relate aspects targeted in the Rural Development Program (RDP) to the efficiency scores. The study was based on a two-step efficiency analysis, applying Data Envelopment Analysis (DEA), in the first step, and Tobit regression analysis in the second step. Data were collected between 2006 and 2008 through face-to-face interviews with 300 grape growers in the Tikvesh vineyard district in Macedonia, each represented by the three-year average of inputs, outputs and prices. The results indicated a large potential for efficiency improvement. The average efficiency was...
Tipo: Conference Paper or Presentation Palavras-chave: Data Envelopment Analysis; Rural development program; Tobit regression; Agricultural and Food Policy; Institutional and Behavioral Economics; Political Economy.
Ano: 2010 URL: http://purl.umn.edu/90807
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SECURITY IS LIKE OXYGEN: EVIDENCE FROM UGANDA AgEcon
Zhang, Xiaobo.
Since the early 1990s, Uganda has been one of Africa’s fastest growing countries. However, at the sub-national level, growth has been uneven due to civil conflict in the northern region. Using a panel of household and community level data, this paper examines the links between security and economic growth. It is found that security is a pre-condition for successful economic development and that there is in fact a threshold level of security below which public investments in infrastructure and education have little impact on growth. Only when security exceeds this threshold do public investments stimulate economic growth. Economists and policy advisors living in peaceful countries often prescribe economic policies that hinge on the assumption of good...
Tipo: Working or Discussion Paper Palavras-chave: Security; Civil Strife; Growth; Poverty; Uganda; Africa; International Development; Political Economy.
Ano: 2004 URL: http://purl.umn.edu/16172
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Bilateral Trade and Economic Growth: The Empirical Evidence Between U.S. and South Korea AgEcon
Kang, Hyunsoo; Kennedy, P. Lynn.
This paper analyzes the relationships between bilateral trade and economic growth in the U.S. and Korean economies. Using quarterly data from 1990 to 2008, the theoretical procedures utilize Ordinary Least Square (OLS) and Seemingly Unrelated Regression (SUR) models under the static model assumption, an Impulse Response Function (IRF) and Forecast Error Variation Decomposition (FEVD) under the Vector Autoregressive (VAR) model, and Granger causality tests. Empirical results indicate a causal relationship between bilateral export growth and economic growth for the U.S. and Korean economies. The export-led growth (ELG) hypothesis is strongly supported by the results of Granger causality tests on Korean exports.
Tipo: Journal Article Palavras-chave: Export-led growth; Bilateral trade; Granger causality; South Korea; United States; International Relations/Trade; Political Economy; Production Economics.
Ano: 2009 URL: http://purl.umn.edu/90684
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Japan 1968: A Reflection Point During the Era of the Economic Miracle AgEcon
Hamada, Koichi.
1968 was an epoch-making year in the Japanese economic history, or in the Japanese history in general. In this centennial year after the Meiji restoration, Japan's GNP became the second largest in the world surpassing West Germany. Japan was cruising on one of the most rapid growth trajectories, but it was anticipating the shade of future changes. Student movements flourished, being synchronized the world over, pollution in urban areas erupted and inflationary pressure began to surface. Japan's balance of current account turned into a pattern of chronic surplus, the pattern that led to the collapse of the Bretton Woods regime. In the socio-economic sense, 1968 was a reflection point of Japan's high growth period. This paper describes the economic forces...
Tipo: Working or Discussion Paper Palavras-chave: Japan; High growth period; Student movements; Collapse of Bretton Woods; Pollution; Political Economy.
Ano: 1996 URL: http://purl.umn.edu/28487
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EVOLUTION OF ECONOMIC POLICY IN POST-APARTHEID SOUTH AFRICA AgEcon
Hittler, Candice.
Since 1994 South Africa has been unable to sustainably achieve the rates of economic growth necessary to decrease its very high level of unemployment. Inadequate growth has been exacerbated by a structural increase in the share of private non-tradables (skill-intensive) employment alongside a parallel decline in tradable (low-skill) employment. Against this backdrop the concept of “The Developmental State” has resurfaced in policy discussions. The 2009 Manifesto of the African National Congress declared a “state-led” industrial policy will lead to the transformation of the economy. However, there are significant institutional and governance constraints that need to be overcome if “state-led” industrial policy is to succeed.
Tipo: Report Palavras-chave: Political Economy.
Ano: 2009 URL: http://purl.umn.edu/99246
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THE EFFECT AND PERSISTENCE OF MAJOR CHANGES IN ECONOMIC POLICIES ON THE LONG-TERM PERFORMANCE (TREND) OF ETHIOPIAN AGRICULTURE AgEcon
Alemu, Zerihun Gudeta; Oosthuizen, L.K.; van Schalkwyk, Herman D..
Agriculture in the Ethiopian economy has survived three major structural breaks, namely the 1974 change of policy in favour of a command-based economic system, the 1984 famine and the 1992 change of policy that introduced a market economy. A regression procedure was applied to analyze the effect of these breaks on the slope and intercept of agricultural GDP. In addition, statistical properties were studied to measure the degree of persistence of shocks in agricultural GDP. In the regression equation, only the 1984 famine was found to be significant. The non-significance of policy parameters in the regression equation could be associated with a lack of infrastructural facilities and the subsistence nature of Ethiopian agriculture. The study of the...
Tipo: Conference Paper or Presentation Palavras-chave: Political Economy; Productivity Analysis.
Ano: 2003 URL: http://purl.umn.edu/19089
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POLITICS AND MARKETS IN THE ARTICULATION OF PREFERENCES FOR ATTRIBUTES OF THE RAPIDLY CHANGING FOOD AND AGRICULTURAL SECTORS: FRAMING THE ISSUES AgEcon
Abdalla, Charles W.; Shaffer, James D..
Industrialization of the food and agricultural sectors changes the pattern of external effects. Participants helped or harmed in the process attempt to influence outcomes through markets and politics. Decisions about property rights and boundaries determine benefits and burdens and the relative cost of animal agriculture in different jurisdictions. Prescriptions to redefine property rights are influenced by selective perception of rights to share in the benefits and be protected from costs. Political choices about the appropriate jurisdiction (state versus local) for addressing environmental and nuisance effects of animal agriculture affect whose preferences count and will influence the development of these sectors.
Tipo: Journal Article Palavras-chave: Animal agriculture; Externalities; Industrialization; Institutions; Jurisdictional boundaries; Regulation; State versus local policy; Environment; Political Economy.
Ano: 1997 URL: http://purl.umn.edu/15530
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THE DEVELOPMENT OF THE TEACHING ON AGRICULTURAL MARKETS IN RUSSIA FROM THE 18TH TO THE 20TH CENTURY AgEcon
Shaikiu, Doz W.W.; Wandel, Jurgen.
The transition to market principles in Russia’s agro-food sector forced the country’s agricultural institutes of higher education to adapt their curriculum to the new economic system. This included the introduction of the subject "studies of agricultural markets". The paper shows that until the collectivization of agriculture in the early 1930s Russia did, in fact, have an own tradition in this discipline, which was influenced by well-known Russian economists like Chaynov and Kondratyev.
Tipo: Working or Discussion Paper Palavras-chave: Россия; Учение о сельскохозяйственных рынках; История науки; Russland; Landwirtschaftliche Marktlehre; Wissenschaftsgeschichte; Russia; Teaching on agricultural markets; History of science.; Institutional and Behavioral Economics; International Development; Political Economy; Public Economics; Research Methods/ Statistical Methods; Teaching/Communication/Extension/Profession; B 0.
Ano: 2009 URL: http://purl.umn.edu/91765
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Valence Advantages and Public Goods Consumption: Does a Disadvantaged Candidate Choose an Extremist Position? AgEcon
Soubeyran, Raphael.
Does a disadvantaged candidate always choose an extremist program? When does a less competent candidate have an incentive to move to extreme positions in order to differentiate himself from the more competent candidate? If the answer to these questions were positive, as suggested in recent work (Ansolabehere and Snyder (2000), Aragones and Palfrey (2002), Groseclose (1999), and Aragones and Palfrey (2003)), this would mean that extremist candidates are bad politicians. We consider a two candidates electoral competition over public consumption, with a two dimensional policy space and two dimensions of candidates heterogeneity. In this setting, we show that the conclusion depends on candidates relative competences over the two public goods and distinguish...
Tipo: Working or Discussion Paper Palavras-chave: Political Economy.
Ano: 2006 URL: http://purl.umn.edu/12191
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COMPARATIVE ADVANTAGES IN AGRO-FOOD TRADE OF HUNGARY, CROATIA AND SLOVENIA WITH THE EUROPEAN UNION AgEcon
Bojnec, Stefan; Ferto, Imre.
This paper investigates comparative trade advantages in agro-food trade. We analyze comparative advantages of Hungarian, Croatian and Slovenian agro-food trade in the European Union (EU) markets. Both the levels and pattern of the revealed comparative advantage measure are investigated. The empirical research seeks to explain how revealed comparative advantages have developed across countries, main product groups and over time and what are likely their implications for multifunctional rural development in the enlarged EU. We employ a disaggregated trade dataset to identify the revealed comparative advantages to provide broader policy implications. The empirical results confirmed bulk of agro-food and forestry products with revealed comparative advantages...
Tipo: Working or Discussion Paper Palavras-chave: Comparative advantage; Croatia; Hungary; Slovenia.; Agribusiness; Community/Rural/Urban Development; Food Consumption/Nutrition/Food Safety; International Relations/Trade; Marketing; Political Economy; Production Economics; F14; Q17.
Ano: 2007 URL: http://purl.umn.edu/90870
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AGRICULTURE IN THE NATION'S POLITICS AgEcon
Hardin, Charles M..
Tipo: Conference Paper or Presentation Palavras-chave: Political Economy.
Ano: 1965 URL: http://purl.umn.edu/17395
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Implementing Subject and Its Dynamic Mechanism in New Countryside Construction AgEcon
Zhang, Desheng; Jiao, Yunqiu.
The necessity of taking government as the implementing subject in the construction of new countryside was analyzed from the aspects such as narrowing urban-rural gap, government’s responsibility, connotation and complexity of new countryside construction. Dynamic mechanism of government in the construction of new countryside was discussed, and some problems were introduced. The basic reason of these problems was the deficiency of government’s publicity. Firstly, self-interest of government led to the deviation of public target. Secondly, government was controlled by superior groups, thus benefits of vulnerable groups can’t be ensured. On this basis, establishing an incentive and constraint mechanism for government officers was put forward. It was essential...
Tipo: Thesis or Dissertation Palavras-chave: New countryside construction; Implementing subject; Dynamic mechanism; China; Community/Rural/Urban Development; Political Economy.
Ano: 2009 URL: http://purl.umn.edu/53755
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The fortune of modulation in the process of CAP reform AgEcon
Henke, Roberto; Sardone, Roberta.
Direct payments have progressively become the largest and most visible form of support in the CAP tool-box. Analyses on direct payments have always highlighted a large inequality in their distribution, both between Member States and, within them, among farmers and territories where, on one side, a relevant amount of payments is concentrated in the hands of a few beneficiaries; on the other, a small share of support is divided among many heads. The European Commission has faced the problem of the volume and the distribution of the direct payments with two main instruments: the modulation and the capping. Modulation was originally conceived as a temporary tool aimed at filling the gap between pillars, but in the last years it has changed shape and rules...
Tipo: Conference Paper or Presentation Palavras-chave: CAP Budget; CAP Pillars; Health Check; Rural Development Policies; Agricultural and Food Policy; Political Economy; Q18.
Ano: 2008 URL: http://purl.umn.edu/44816
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Prepared for Bioterrorism Events? A Study of the Grain and Oilseed Sector AgEcon
Wailes, Eric J.; Carreira, Rita I.; Danforth, Diana M.; Nemane, Vivek.
One of the most crucial problems facing the U.S. economy is the possibility of a terrorist attack on its food sector. The implications can be profound for its stakeholders, who are highly dependent on this sector for their economic livelihood as well as their food supplies. The U.S. Bioterrorism Act of 2002 was enacted to improve the ability of the United States to prevent, prepare for and respond to bioterrorism and other public health emergencies. One of the important features of the U.S. Bioterrorism Act of 2002 is its emphasis on prevention, a change from prior legislation that focused on punishments after an incidence had occurred. The U.S. Bioterrorism Act does not address food safety issues in general; its focus is to prevent intentional...
Tipo: Conference Paper or Presentation Palavras-chave: Bioterrorism; Grain and oilseed sector; Bioterrorism Act of 2002; NC-1016; Agribusiness; Agricultural and Food Policy; Marketing; Political Economy; I18; K23; Q13; Q18.
Ano: 2011 URL: http://purl.umn.edu/103867
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Konjunkturtheorie und Empirische Konjunkturanalyse AgEcon
Schips, Bernd.
Tipo: Working or Discussion Paper Palavras-chave: Political Economy.
Ano: 2002 URL: http://purl.umn.edu/26357
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