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uncertainty in SFP, the selling price of energy and agricultural product prices parameters on the adoption of methane digester for … biogas production. The model implemented is based on a real option approach that includes investment irreversibility and … stochasticity in relevant parameters. The results show the relevance of uncertainty in determining the timing of adoption and …
Persistent link: https://www.econbiz.de/10008465930
Este trabalho teve como objetivo realizar um resgate teórico a partir de sua evolução, e esboçar caminhos para políticas públicas rurais. Realizou-se paralelo entre a evolução e a questão da pecuária leiteira familiar de Rondônia, ressaltando sua importância socioeconômica,...
Persistent link: https://www.econbiz.de/10009220326
This paper analyses the impact of the Common Agricultural Policy arable crop regime on farm investment and output … intervention price would significantly affect farm investment, mainly through reduced price volatility, while policy changes not … affecting price uncertainty, like an increase in the Single Farm Payment, would have a much smaller impact …
Persistent link: https://www.econbiz.de/10013150217
Persistent link: https://www.econbiz.de/10011620012
Persistent link: https://www.econbiz.de/10011457530
Poland’s accession to the EU led to rapid adjustments in the Polish food sector. Opening the enormous common European market, with over 450 million consumers, forced the processing industry to face an extreme competition, while creating at the same time an increased outlet opportunity. Customs...
Persistent link: https://www.econbiz.de/10011201152
The Common Agricultural Policy has a minor impact on pork and beef market in Poland, though it has at its disposal a wide range of instruments. The abolition of customs barriers after the Polish accession to the EU in May 2004 increased the trade in pork and beef mainly with the European...
Persistent link: https://www.econbiz.de/10011125726
Seit der Reform der Gemeinsamen Marktordnung Milch im Jahr 2003 eskalieren die Auseinandersetzungen zwischen Milchbauern, Molkereien, Politikern und Lobbyisten immer wieder. Ein wesentlicher Streitpunkt ist die Höhe des Milchauszahlungspreises für die Landwirte. Bei diesen Diskussionen wird...
Persistent link: https://www.econbiz.de/10011142846
This bulletin is a supplement to the Europe Team's Situation and Outlook Series and expands upon material traditionally presented as an appendix in the annual Europe Report. This report presents an extensive statistical database on European agriculture. The geographic scope covers most of the...
Persistent link: https://www.econbiz.de/10010911782
We present a model of firm investment under uncertainty and partial irreversibility in which uncertainty is represented … negative effect of uncertainty on firm investment decisions. We test these predictions on a panel dataset of UK firms: we first … by a jump diffusion. This allows to represent both the continuous Gaussian volatility and the discontinuous uncertainty …
Persistent link: https://www.econbiz.de/10011987374