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The generalised demand specification of Barten and Eales et al. is used to estimate the world demand curves faced by major exporters of farmed salmon. Results suggest that the demand for farmed salmon has become less price elastic over time, fresh salmon from the UK faces the most competition in...
Persistent link: https://www.econbiz.de/10008469344
This article contributes to the understanding of neo-endogenous rural development from the perspective of evolutionary game theory. Rural development is modelled as the increasing realisation over time of gains from interaction by rural stakeholders. The model exhibits two dynamically stable...
Persistent link: https://www.econbiz.de/10010711508
The article contributes to the understanding of neo-endogenous rural development from the perspective of evolutionary game theory. Rural development is modelled as the increasing realisation over time of gains from interaction by rural stakeholders. The model exhibits two dynamically stable...
Persistent link: https://www.econbiz.de/10011614391
Decollectivisation in post-Soviet agriculture has generally been slow except for islands of complete individualisation. Our model interlinks two types of critical mass phenomena that can explain these outcomes. First, positive network externalities reshape decollectivisation incentives after a...
Persistent link: https://www.econbiz.de/10008546171
The objective of this paper is to investigate credit rationing of Polish farms. The analysis is based on cross-section survey data and motivated by a microeconomic farm household model. The results suggest that more than 40 per cent of borrowers experience pronounced credit rationing by rural...
Persistent link: https://www.econbiz.de/10005569730
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Despite self-sufficiency exceeding 100 percent, West Germany has continued to import wheat from its EC partners. One factor which may play a role in these flows is the agri-monetary system. In a comparative static framework, hypotheses are formulated regarding the impact of agri-monetary...
Persistent link: https://www.econbiz.de/10005447275
Earlier attempts to test for asymmetric price transmission have been based on an econometric specification that is shown to be inconsistent with reintegration. An alternative specification based on the error correction representation is proposed and applied to transmission between producer and...
Persistent link: https://www.econbiz.de/10005569779