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  • Artikel  (5)
  • Capital and Total Factor Productivity  (3)
  • Prices  (2)
  • Oxford University Press  (5)
  • Blackwell Publishing Ltd
  • Institute of Physics
  • Taylor & Francis
  • 2020-2022
  • 2010-2014  (5)
  • 1995-1999
  • 2012  (5)
  • Wirtschaftswissenschaften  (5)
  • Allgemeine Naturwissenschaft
  • Geologie und Paläontologie
  • Energietechnik
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  • Artikel  (5)
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  • Oxford University Press  (5)
  • Blackwell Publishing Ltd
  • Institute of Physics
  • Taylor & Francis
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  • 2020-2022
  • 2010-2014  (5)
  • 1995-1999
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  • 1
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    Dynamics of productivity and technical efficiency in Russian agriculture (2012)
    Oxford University Press
    Details
    Publikationsdatum: 2012-08-03
    Beschreibung: This paper analyses regional productivity and technical efficiency development in Russian agriculture. We formulate a regional stochastic frontier model by assuming that producers maximise return to the outlay. We control for regional heterogeneity and endogeneity/simultaneity in input decisions, technical efficiency and technical change by employing a two-step estimation procedure. In the first step, we use the system Generalized Method of Moments approach (system GMM), which gives consistent estimates of the production technology parameters. In the second step, we apply the standard stochastic frontier approach to estimate technical efficiency and its determinants.
    Schlagwort(e): D24 - Production ; Cost ; Capital and Total Factor Productivity ; Capacity, Q12 - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    Print ISSN: 0165-1587
    Digitale ISSN: 1464-3618
    Thema: Land- und Forstwirtschaft, Gartenbau, Fischereiwirtschaft, Hauswirtschaft , Wirtschaftswissenschaften
    Publiziert von Oxford University Press
    Standort Signatur Erwartet Verfügbarkeit
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  • 2
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    Greek meat supply response and price volatility in a rational expectations framework: a multivariate GARCH approach (2012)
    Oxford University Press
    Details
    Publikationsdatum: 2012-03-08
    Beschreibung: This paper examines supply response models in a rational expectations framework for each one of the four major Greek meat markets, i.e. beef, broiler, lamb and pork. A multivariate generalised autoregressive conditional heteroskedasticity model with Cholesky decomposition is used to incorporate price volatility into the rational expectations supply response model for each meat category and as a result the conditional covariance matrix remains positive definite without imposing any restrictions on the parameters. The empirical results confirm the existence of rational behaviour by meat producers in the four examined markets and indicate that price volatility is a major risk factor in Greek meat production. Furthermore, the last Common Agricultural Policy reform is found to have a negative impact on beef and lamb production in Greece.
    Schlagwort(e): C51 - Model Construction and Estimation, D20 - General, Q11 - Aggregate Supply and Demand Analysis ; Prices
    Print ISSN: 0165-1587
    Digitale ISSN: 1464-3618
    Thema: Land- und Forstwirtschaft, Gartenbau, Fischereiwirtschaft, Hauswirtschaft , Wirtschaftswissenschaften
    Publiziert von Oxford University Press
    Standort Signatur Erwartet Verfügbarkeit
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  • 3
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    Remodelling the Working-Kaldor curve: the roles of scarcity, time to maturity and time to harvest (2012)
    Oxford University Press
    Details
    Publikationsdatum: 2012-05-29
    Beschreibung: To explain convenience yield accruing to commodity inventory holders, time to maturity (TTM) and TIME to harvest should interact with current scarcity. Using weekly data for corn, wheat and soyabeans (1986–2009), the interaction (multiplicative) model performs better than traditional versions that, at best, incorporate TTM additively and ignore harvests. Among the competing proxies for scarcity, the combination of spot price and inventory beats either spot price or inventory separately, but the pure spot-price version is a close second. Our model still exhibits a clear ‘Working curve’ pattern, with slopes changing with TTM and pre- versus post-harvest periods.
    Schlagwort(e): G10 - General, G12 - Asset Pricing ; Trading volume ; Bond Interest Rates, G14 - Information and Market Efficiency ; Event Studies, N32 - U.S. ; Canada: 1913-, N52 - U.S. ; Canada: 1913-, Q11 - Aggregate Supply and Demand Analysis ; Prices
    Print ISSN: 0165-1587
    Digitale ISSN: 1464-3618
    Thema: Land- und Forstwirtschaft, Gartenbau, Fischereiwirtschaft, Hauswirtschaft , Wirtschaftswissenschaften
    Publiziert von Oxford University Press
    Standort Signatur Erwartet Verfügbarkeit
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  • 4
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    The damage-control effect of pesticides on total factor productivity growth (2012)
    Oxford University Press
    Details
    Publikationsdatum: 2012-05-29
    Beschreibung: This paper develops a framework for analysing the sources of total factor productivity (TFP) changes by explicitly taking into account the damage-control nature of pesticides. In the proposed framework, TFP changes are attributed to the conventional sources of growth (i.e. technical change, scale effect and changes in technical efficiency) and the damage-control effect which consists of three distinct components: the first one is due to changes in the initial pest infestation, the second is a spillover effect arising from neighbours' use of preventive inputs and the third is related to abatement effectiveness. The proposed model is applied to a panel of olive-growing farms in Crete, Greece, during the period 1999–2003. The empirical results indicate that the damage-control effect accounted, on average, for 5 per cent of the annual TFP growth and its main component was the improvements in abatement effectiveness.
    Schlagwort(e): C23 - Models with Panel Data, D24 - Production ; Cost ; Capital and Total Factor Productivity ; Capacity, Q12 - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    Print ISSN: 0165-1587
    Digitale ISSN: 1464-3618
    Thema: Land- und Forstwirtschaft, Gartenbau, Fischereiwirtschaft, Hauswirtschaft , Wirtschaftswissenschaften
    Publiziert von Oxford University Press
    Standort Signatur Erwartet Verfügbarkeit
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  • 5
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    EU harmonisation of regulations and mark-ups in the Dutch food industry (2012)
    Oxford University Press
    Details
    Publikationsdatum: 2012-12-28
    Beschreibung: This paper studies the effect of EU harmonisation of food regulations on time-varying, firm-heterogeneous mark-ups using data on Dutch food-processing firms during 1992–2005. EU product standard harmonisation is measured using data at the 8-digit combined nomenclature product level. EU harmonisation generates short- and long-run pro-competitive effects: on average, an increase of 50 per cent in the sales-weighted coverage ratio of EU harmonisation leads to a decrease in mark-ups of 7 per cent after 1 year and by 11.5 per cent in the long-run. By taking account of firm heterogeneity, I show that this pro-competitive effect is more pronounced for (i) small firms, (ii) more concentrated firms, (iii) single-product firms, (iv) firms belonging to food sub-sectors which are less affected by EU harmonisation and (v) during the first half of the sample period.
    Schlagwort(e): C23 - Models with Panel Data, D24 - Production ; Cost ; Capital and Total Factor Productivity ; Capacity, F15 - Economic Integration, L11 - Production, Pricing, and Market Structure ; Size Distribution of Firms
    Print ISSN: 0165-1587
    Digitale ISSN: 1464-3618
    Thema: Land- und Forstwirtschaft, Gartenbau, Fischereiwirtschaft, Hauswirtschaft , Wirtschaftswissenschaften
    Publiziert von Oxford University Press
    Standort Signatur Erwartet Verfügbarkeit
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