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This is the first paper to analyze the impact of biofuels on the price transmission along the food chain. We analyze the U.S. corn sector and its vertical links with food and ethanol (energy) markets. We find that biofuels affect the price transmission elasticity in the food chain compared to a...
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This paper provides the first analysis of the relationship between farm financial structure and technical efficiency in Central and Eastern European farming during the transition to a market economy. First, technical efficiency scores for a sample of Czech farms are computed with data...
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"Modern" agricultural markets are characterized by, among other things, quality requirements and vertical coordination. The nature of the industrial organization of the value chain depends on a variety of factors, such as local institutions, economic growth, demand, institutional infrastructure...
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