Since the seminal work of Adam Smith, markets have been considered an efficienttool for co-ordinating the behaviour of economic agents. The basic characteristicof a market economy is that the complex system of interaction amongindividuals is not centrally coordinated. Under the assumption of...

Focusing on the interaction between national brands and private labels, this paper has two main empirical contributions: i) a simultaneous system of demand (share), price and expenditure equations is estimated, and ii) differences in the structure of the local geographic market are incorporated...

Prices for nearly all basic commodity rose at unprecedented rates throughout early 2008, only to fall nearly as fast as financial markets and global economies began to collapse. Rising food prices in 2008 led to concerns that commodity price spikes would lead to more general food inflation, but...

Dieser Aufsatz nutzt geheime Einzeldaten aus amtlichen Erhebungen in niedersächsischen Industriebetrieben, um einen Blick hinter die Kulissen des Exportbooms zu werfen. Hierbei zeigt sich eine ausgeprägte Heterogenität der Exportdynamik zwischen Betrieben innerhalb einer Hauptgruppe,...

The object of the present paper is to analyze the productivity of marketing cooperatives incorporating environmental inputs/outputs. In the European agricultural policy, expectations for attaining sustainable and competitive agriculture lie to a great extent on the cooperative sector’s ability...

Traditional productivity measures have been much less prevalent than other measures of economic and biological performance in fisheries economics. It has been increasingly recognized, however, that mod eling and measuring fisheries’ production relationships is central to understanding and...

This paper reassesses the debate over the role of education in farm pro duction in Bangladesh using a large dataset on rice producing hous eholds from 141 villages. Average and stochastic production frontier functions are estimated to ascertain the effect of education on productivity and...

A time series model is estimated to identify the interrelation among prices on the international and the EU domestic market for butter. Although the findings were not derived from a causal model, the inspection of the data provides economically reasonable and important insights in structural...

There is considerable interest in projections of future productivity growth in agriculture. Whether one is interested in the outlook for global commodity markets, future patterns of international trade, or the interactions between land use, deforestation and ecological diversity, the rate of...

Economic reform in the Central and Eastern European countries in the 1980s helped transform the structure and volume of agricultural production, consumption and trade, and resulted in significant agricultural productivity improvements. However, there are large differences among the transition...