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Market dynamics and policy reforms in the EU olive oil industry: An exploratory assessment AgEcon
Mili, Samir.
Available information indicates that the future competitive scenario for EU olive oil will be shaped by the market dynamics and business strategies, and the ongoing agricultural and trade policy reforms (CAP reform, WTO Doha Round negotiations, regional and bilateral trade agreements). Based on this premise, the purpose of this contribution is to present an overall evaluation of the market change and policy reform processes affecting the EU olive oil sector, pointing out the main strengths, weaknesses, opportunities and threats (SWOT) that can be associated to their present and expected evolution. The analysis is performed with a systemic approach to market and policy changes, under the general hypothesis that these are governed by a series of economic and...
Tipo: Conference Paper or Presentation Palavras-chave: Globalisation; Market dynamics; Business strategies; Agricultural and trade policy reform; EU olive oil; SWOT analysis; Agribusiness.
Ano: 2006 URL: http://purl.umn.edu/10099
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Price Effects from an Anticipated Meatpacking Plant Opening and Unexpected Plant Closing AgEcon
Ward, Clement E.; Hornung, Jonathan T..
Livestock producers primarily, but policy makers also, have an interest in market effects from meatpacking plant closings and openings. This article presents results from a study to determine price impacts from an anticipated hog slaughtering plant opening and an unexpected fed cattle slaughtering plant closing. The estimated price effects for each plant event were modeled with price difference and partial adjustment models. The plant opening resulted in higher absolute and relative hog prices in the Provincial market where the plant was located. However, adverse price impacts from the fed cattle plant closing were less evident.
Tipo: Journal Article Palavras-chave: Buyer competition; Fed cattle; Hogs; Livestock prices; Market dynamics; Meatpacking; Demand and Price Analysis.
Ano: 2005 URL: http://purl.umn.edu/30983
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Transaction Costs and Bounded Rationality - Implications for Public Administration and Economic Policy AgEcon
Tisdell, Clement A..
Relationships between bounded rationality and transaction cost theories are discussed and their connections with stochastic theories of industrial evolution are considered. While these theories have their limitations, they are useful but have been ignored in many public policy prescriptions, especially those involving markets. For example, as discussed, these theories have failed, on the whole, to influence competition policy and the design of more efficient systems for public administration (contracting out, labour contracts for public employment, adoption of the user-pays principle and use of performance budgeting and accounting), as well as in policies to remove market frictions. The result may be less efficient systems than otherwise achievable and...
Tipo: Working or Discussion Paper Palavras-chave: Bounded rationality; Competition policy; Evolutionary theory; Market dynamics; Public administration; Transaction costs; Public Economics; D23; H11; I20.
Ano: 2004 URL: http://purl.umn.edu/90531
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