Wheat price forecasts are very important for traders, farmers and politicians as well. However, only quite accurate price predictions can guide these groups towards making the best decisions. Therefore the well-known wheat price projections of both the OECD and the FAPRI from 1996 on are tested...

This paper investigates whether political competition plays an important role in determining the level of agricultural protection. In order to do so, we exploit variation in political and economic data from 74 developing and developed countries for the post-war period. Our results robustly show...

In this paper we present an empirical analysis of farmers' contracting choice in the Hungarian milk sector using 2005 milk producer survey data, employing transaction cost economics. We focus on analysing some key determinants of farmers' contracting choices: type of contracts, duration, number...

Over the past three decades the globalization in agri-food sector has been accompanied by a dramatic restructuring, liberalization and privatization of markets often with serious adverse consequences for small farmers in developing and transition countries. Consequently, governments and the...

The paper is of descriptive character and is based on literature review. It reviews the concept of homo economicus and homo politicus in the history of economic thought and tries to discover their characteristics in homo agricola. As demonstrated, one component of homo agricola can be of...

This paper examines how farmers producing differentiated quality products choose different governance structures in a non-cooperative game between farmers, enterprises, and consumers. A cooperative and an IOF (investor owned firm) coexist in equilibrium and low quality is delivered by the...

This paper addresses the question whether the institutional environment of transition countries in Eastern Europe affects productivity growth in the agricultural sector. Situated in a neoclassical growth framework, a dynamic panel model for the period 1996-2005 provides evidence that poor...

The coordination plays central role in the economics. The conventional economic theory looks at the market and enterprise (or hierarchy) as two different, separated manner of coordination of economic goods and services. However the modern organization theory, price theory and institutional...

The main aim of this paper is to discuss the current situation of village representatives (so±tysi) in Poland in the times of dynamic changes taking place in the Polish countryside in the last decades. The importance of the institution of village representatives manifest itself in two main...

Blood donation with compensation is considered as a social stigma. However, more people in the reference group donate blood often leads to less moral concern and more followers. Therefore, the behavior is likely to be influenced through one's interactions with neighbors, friends and relatives....