Over fifteen years have elapsed since the transition from the centrally planned economic system started in the early 1990âs. During this time agricultural and rural areas of Central and Eastern Europe have undergone profound structural changes with wide variations in the degree of...

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...

The European Agri-Environmental Measures (AEMs) have a relevant role in encouraging a sustainable resources use and developing environmentally-friendly farming practices. AEMs account for more than half of the rural development budget of the Common Agriculture Policy. However, despite their...

Renewable resources gain in importance in our modern society. The line of reasoning is based on their positive effects on agriculture, the environment and the economy. To support renewable energy from biomass the EU promotes the cultivation of energy crops. A spatial equilibrium model is applied...

This article measures the advantage granted by the European Union to different Mediterranean countries in the fruit and vegetables sector in the framework of the Euro-Mediterranean Association Agreements. The advantage of each country are evaluated by calculating the value of the preferential...

EU agricultural products are examined by tariff lines at eight digit level to reveal the sensitive agricultural products in the EU after further tariff reductions in the Doha Round. These products are butter, skim milk powder, beef meat, poultry meat, pig meat, white sugar, wheat, barley, and...

The objective of this study has been to analyze the sensitivity of trade flow to trade barriers from gravity equations, using different econometric techniques recently highlighted in the literature. Specifically, we compare a benchmark OLS fixed effects specification a la Feenstra (2002), with...

The objective of this paper is to explore the implications of domestic policy reforms and trade liberalisation on EU and global agricultural markets by utilising the GTAP model. The results suggest that CAP reforms in conjunction with the removal of export subsidies and tariff reductions...

Paper removed by author for revision 12/09/08.

In May 2003, the United States, Canada and Argentina launched a World Trade Organization (WTO) case against the European Union concerning its authorization regime for biotech products. In November 2006, the WTO condemned this regime. Using a gravity equation, we estimate the reduction of exports...