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  1. Does farm and processing industry structure matter for price transmission?
    some evidence from transition countries ; a comparison of dairy sectors in Hungary and Poland
    Erschienen: 2012
    Verlag:  Institute of Economics, Hungarian Academy of Sciences, Budapest

    Rapid and thorough changes have recently taken place in dairy supply chain in the whole Central and Eastern Europe. Growing concerns have been expressed that these changes may negatively affect farmers' relative position towards downstream industry,... mehr

    Staats- und Universitätsbibliothek Bremen
    keine Fernleihe
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 151 (2012,12)
    keine Fernleihe

     

    Rapid and thorough changes have recently taken place in dairy supply chain in the whole Central and Eastern Europe. Growing concerns have been expressed that these changes may negatively affect farmers' relative position towards downstream industry, due to market power exercised by the latter. In response to this, the present paper aims to investigate the price transmission mechanism in two countries from the region, namely Poland and Hungary and contrast the results with dairy market organisations specific for these countries. Using cointegrated vector autoregression and controlling for potential structural breaks, it is shown that Polish milk prices, as opposed to Hungarian ones, are characterised by short- and long-term asymmetries. We discuss a number of potential explanations supporting the empirical results. We consider, among others, differences between the dairy chain structures and the role of FDI. -- price transmission; dairy sector; Hungary; Poland

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9786155243059
    Weitere Identifier:
    hdl: 10419/108266
    Schriftenreihe: Discussion papers / Institute of Economics Hungarian Academy of Sciences ; 2012/12
    Schlagworte: Milchverarbeitung; Lieferkette; Milchpreis; VAR-Modell; Polen; Ungarn
    Umfang: Online-Ressource (PDF-Datei: 10, [10] S., 318,15 KB), graph. Darst.
    Bemerkung(en):

    Zsfassung in ungar. Sprache

  2. Investment and financial constraints in European agriculture
    evidence from France, Hungary and Slovenia
    Erschienen: 2012
    Verlag:  Institute of Economics, Hungarian Academy of Sciences, Budapest

    The article investigates the investment and financial constraints for French, Hungarian and Slovenian farms using FADN panel data with different econometric estimation approaches. Farm gross investment is positively associated with real sales growth... mehr

    Staats- und Universitätsbibliothek Bremen
    keine Fernleihe
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 151 (2012,13)
    keine Fernleihe

     

    The article investigates the investment and financial constraints for French, Hungarian and Slovenian farms using FADN panel data with different econometric estimation approaches. Farm gross investment is positively associated with real sales growth and cash flow implying the absence of soft budget constraint. Gross farm investment is positively associated with investment subsidies. Specific results by country are found depending on farm indebtedness. Investment subsidies can mitigate some capital market imperfections in short-term, while on long-term what is crucial is farm sale ability to successfully compete in the output market gaining sufficient cash flow for farm competitive survival and investment. -- farm investment ; soft budget constraint ; investment subsidy ; panel data analysis

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9786155243059
    Weitere Identifier:
    hdl: 10419/108264
    Schriftenreihe: Discussion papers / Institute of Economics Hungarian Academy of Sciences ; 2012/13
    Schlagworte: Landwirtschaft; Investition; Budgetrestriktion; Investitionspolitik; Panel; Frankreich; Ungarn; Slowenien
    Umfang: Online-Ressource (PDF-Datei: [16] S., 143,36 KB)
    Bemerkung(en):

    Zsfassung in ungar. Sprache