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Summary In 2001 an agreement was reached at the WTO for the EU to introduce a ‘ tariff-only’ regime which ‘ would result in at least maintaining total market access for MFN banana suppliers ’. The analysis shows that, contrary to the WTO 2005 ruling, the import regime proposed by the EU...
Summary This paper uses auction data and the adjacent period hedonic price regression approach to estimate the return to storing premium Australian wine during the period 1989Q4 to 2000Q4. The results indicate that the return to storing premium Australian wine is probably superior to the return...
Summary Organic farming is usually considered to be more risky than conventional farming, but the risk aversion of organic farmers compared with that of conventional farmers has not been studied. Using a non-structural approach to risk estimation, a Bayesian random coefficient model is used to...
Summary This paper examines control measures for improving food safety in the dairy chain, using an integer linear programming model. The chain includes feed (compound feed production and delivery), farm (dairy farm) and dairy processing (transport and processing of raw milk, delivery of...
Summary We develop a formal model of EU decision-making on the Common Agricultural Policy (CAP). The model is used to evaluate under what conditions CAP reform occurs and what the influence of the European Commission (Commission) is on CAP reform. We find that the voting and amendment rules in...
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