We argue in this paper that available econometric estimates of farmers’ risk aversion do not measure true farmers’ preferences towards risky outcomes. Available analyses are mostly of static nature and indeed measure the parameters of the synthetic optimal value function rather than the deep...

In this contribution we first present a methodology for integrated assessment of agricultural systems (SEAMLESS Integrated Framework), illustrate its application in an integrated assessment of high commodity prices and then discuss its flexibility and limitations. From there we take a broader...

Hydro-economic river basin models (HERBM) based on mathematical programming are conventionally formulated as explicit ‘aggregate optimization’ problems with a single, aggregate objective function. Often unintended, this format implicitly assumes that decisions on water allocation are made...

Food waste has been started to be recognized as an important factor threatening a sustainable food system. However most of the studies in the literature ignore the costs of reducing food waste. In this study we develop a framework to analyse the effects of food waste reduction on the whole...

Due to their diversity and voluntariness, agri-environmental measures (AEMs) are among the Common Agricultural Policy instruments that are most difficult to assess. We provide an EU-wide analysis of AEM adoption and AEM support received per hectare using a Heckman sample selection approach and...

This paper examines the potential impacts of the post 2013 EU Common Agricultural Policy (CAP) reform, which aims to improve the environmental performance of agriculture, called “greening” the CAP. Using the well-established CAPRI model, the economic and environmental consequences of the...

With the Doha Round of negotiations having come to a standstill, more countries opt for preferential trade agreements with only a limited number of partners. Starting two recent negotiations, the Trans-Pacific Partnership and the EU-US trade deal, might mark the beginning of a new era in...

Irrigation water use by agriculture has been identified as one of the major sustainable water management issues in the implementation of the Water Framework Directive (WFD). This paper aims at developing a simulation framework to jointly assess agricultural and water issues. While the strong...

Major environmental indicators require data at a spatial resolution below administrative units as found in economic models. The CAPRI-Dynaspat project added spatial results for EU27 to the CAPRI model allowing for linkage to bio-physical models and calculation of novel indicators. The layer...