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Disentangling the Social and Economic Dimensions of Agricultural Behaviour: What Role for Institutions and Social Capital? AgEcon
Kostov, Philip; Lingard, John.
Agricultural production is increasingly combined with other economic and noneconomic activities. This leads to complex interactions taking place within rural systems. The recent policy shift towards a more holistic approach in terms of integrated and sustainable models of rural development emphasises these developments. In this context the role of 'noneconomic' determinants of behaviour is placed to the fore. The orthodox economic approach stresses (almost) instantaneous adjustments to prices and other 'economic' factors. This is at odds with idealised images of the 'efficient' market, which is characterised by a great deal of uncertainty. In such a volatile environment, routines-based behaviour, such as following institutional rules and/or socially...
Tipo: Conference Paper or Presentation Palavras-chave: Agribusiness.
Ano: 2005 URL: http://purl.umn.edu/24436
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Impact of the abolition of EU Milk quotas on Agriculture in the UK AgEcon
Patton, Myles; Binfield, Julian C.R.; Moss, Joan E.; Kostov, Philip; Zhang, Lichun; Davis, John; Westhoff, Patrick C..
In recent years the CAP has undergone significant reforms, but the dairy sector has largely avoided wholesale changes. The sector, however, is now faced with a significant effort by the Commission to instigate reform. In this study the FAPRI-UK modelling system is simulated to identify the impact of abolishing or phasing out EU milk quotas on the dairy sector in the UK and the results are compared against a 2007 Baseline projection (2007--2016). The results demonstrate that although the impact of the abolition of dairy quotas is fairly modest at the EU-25 level, significant impacts are apparent at the individual country level.
Tipo: Conference Paper or Presentation Palavras-chave: Milk Quotas; CAP Reform; Commodity Modelling; Agricultural and Food Policy; International Relations/Trade; Livestock Production/Industries.
Ano: 2008 URL: http://purl.umn.edu/6650
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Does Gibrat's Law Hold Amongst Dairy Farmers in Northern Ireland? AgEcon
Kostov, Philip; Patton, Myles; Moss, Joan E.; McErlean, Seamus.
This paper tests whether the Law of Proportionate Effects (Gibrat, 1931), which states that farms grow at a rate that is independent of their size, holds for the dairy farms in Northern Ireland. Previous studies have tended to concentrate on testing whether the law holds for all farms. The methodology used in this study permits investigation of whether the law holds for some farms or all farms according to their size. The approach used avoids the subjective splitting of samples, which tends to bias results. The finding shows that the Gibrat law does hold except in the case of small farms. This is in accordance with previous findings that Gibrat's law tends to hold when only larger farms are considered, but tends to fail when smaller farms are included in...
Tipo: Conference Paper or Presentation Palavras-chave: Gibrat's law; Quantile regression; Sample selection bias; Integrated Conditional Moments test; Agricultural and Food Policy; C12; C14; O49; Q19.
Ano: 2005 URL: http://purl.umn.edu/24775
Registros recuperados: 3
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