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European Review of Agricultural Economics最新文献

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The pricing of variance risks in agricultural futures markets: do jumps matter? 农产品期货市场方差风险的定价:跳跃重要吗?
IF 3.4 2区 经济学
European Review of Agricultural Economics Pub Date : 2023-07-27 DOI: 10.1093/erae/jbad026
Xinyue He, Siyu Bian, Teresa Serra
{"title":"The pricing of variance risks in agricultural futures markets: do jumps matter?","authors":"Xinyue He, Siyu Bian, Teresa Serra","doi":"10.1093/erae/jbad026","DOIUrl":"https://doi.org/10.1093/erae/jbad026","url":null,"abstract":"\u0000 The existence of a negative variance risk premium on agricultural futures contracts suggests that market participants pay to hedge unexpected increases in the volatility of these contracts. In this paper, we decompose the variance risk premium in corn and soybeans markets into jump and diffusive components using options and futures data from 2009 to 2021. We find that market participants on average only pay to hedge unexpected increases in jump volatility but not those in diffusive volatility. Furthermore, growing season uncertainty and the arrival of United States Department of Agriculture (USDA) announcements play important roles in driving the market’s fear of unexpectedly large price jumps.","PeriodicalId":50476,"journal":{"name":"European Review of Agricultural Economics","volume":null,"pages":null},"PeriodicalIF":3.4,"publicationDate":"2023-07-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47601166","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Farmers’ acceptance of the income stabilisation tool: a discrete choice experiment application 农民对收入稳定工具的接受:一个离散选择实验应用
IF 3.4 2区 经济学
European Review of Agricultural Economics Pub Date : 2023-07-24 DOI: 10.1093/erae/jbad025
T. Čop, Simone Cerroni, M. Njavro
{"title":"Farmers’ acceptance of the income stabilisation tool: a discrete choice experiment application","authors":"T. Čop, Simone Cerroni, M. Njavro","doi":"10.1093/erae/jbad025","DOIUrl":"https://doi.org/10.1093/erae/jbad025","url":null,"abstract":"\u0000 The income stabilisation tool (IST) is the latest tool proposed by the European Union (EU) to manage agricultural risks. It aims at stabilising farm income by compensating income losses. Using a discrete choice experiment, this paper investigates grapevine farmers’ acceptance of the IST in Croatia and tests whether behavioural factors such as risk preferences, probability weighting and subjective probabilities related to future farm income explain acceptance of this new tool. Results suggest that there is demand for the IST. Pessimistic farmers are more likely to participate in the IST than others, suggesting that subjective probabilities influence farmers’ decisions about agricultural risk management.","PeriodicalId":50476,"journal":{"name":"European Review of Agricultural Economics","volume":null,"pages":null},"PeriodicalIF":3.4,"publicationDate":"2023-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46710651","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Identifying and assessing intensive and extensive technologies in European dairy farming 识别和评估欧洲奶牛养殖中的集约型和粗放型技术
IF 3.4 2区 经济学
European Review of Agricultural Economics Pub Date : 2023-07-05 DOI: 10.1093/erae/jbad023
L. Latruffe, A. Niedermayr, Y. Desjeux, K. Dakpo, Kassoum Ayouba, L. Schaller, J. Kantelhardt, Yan Jin, Kevin Kilcline, M. Ryan, C. O’Donoghue
{"title":"Identifying and assessing intensive and extensive technologies in European dairy farming","authors":"L. Latruffe, A. Niedermayr, Y. Desjeux, K. Dakpo, Kassoum Ayouba, L. Schaller, J. Kantelhardt, Yan Jin, Kevin Kilcline, M. Ryan, C. O’Donoghue","doi":"10.1093/erae/jbad023","DOIUrl":"https://doi.org/10.1093/erae/jbad023","url":null,"abstract":"\u0000 In order to tackle climate change and biodiversity loss, the European Union (EU) promotes extensive farming. However, identifying such farms across countries and assessing their performance for policy purposes remains challenging. This paper combines a latent class stochastic frontier model (LCSFM) with a novel nested metafrontier approach. The resulting model enables the identification of intensive and extensive farms across countries, estimation of farm efficiency and identification of different technology gaps. Based on Farm Accountancy Data Network data of French, Irish and Austrian dairy farms,we find poorer environmental but better economic performance of intensive farms, compared to extensive farms. The largest productivity differences stem from technology gaps and not from inefficiency. The approach enables a more nuanced analysis of sources of inefficiency to assist policy design for future green payments in the EU.","PeriodicalId":50476,"journal":{"name":"European Review of Agricultural Economics","volume":null,"pages":null},"PeriodicalIF":3.4,"publicationDate":"2023-07-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45884323","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Digital innovations for sustainable and resilient agricultural systems 可持续和有弹性的农业系统的数字创新
IF 3.4 2区 经济学
European Review of Agricultural Economics Pub Date : 2023-06-27 DOI: 10.1093/erae/jbad021
R. Finger
{"title":"Digital innovations for sustainable and resilient agricultural systems","authors":"R. Finger","doi":"10.1093/erae/jbad021","DOIUrl":"https://doi.org/10.1093/erae/jbad021","url":null,"abstract":"\u0000 Digitalisation is rapidly transforming the agri-food sector. This paper investigates emerging opportunities, challenges and policy options. We show that digital innovations can contribute to more sustainable and resilient agricultural systems. For example, digital innovations enable increased productivity, reduced environmental footprints and higher resilience of farms. However, these optimistic outcomes of increasing digitalisation of the agricultural sector will not emerge on their own, but this development comes with several challenges, costs and risks, e.g. in economic, social and ethical dimensions. We provide policy recommendations to explore opportunities and avoid risks. Moreover, we discuss implications for future research in agricultural economics.","PeriodicalId":50476,"journal":{"name":"European Review of Agricultural Economics","volume":null,"pages":null},"PeriodicalIF":3.4,"publicationDate":"2023-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45512332","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
From necessity to opportunity: lessons for integrating phone and in-person data collection 从需要到机会:整合电话和现场数据收集的经验教训
2区 经济学
European Review of Agricultural Economics Pub Date : 2023-06-27 DOI: 10.1093/erae/jbad017
Alberto Zezza, Kevin McGee, Philip Wollburg, Thomas Assefa, Sydney Gourlay
{"title":"From necessity to opportunity: lessons for integrating phone and in-person data collection","authors":"Alberto Zezza, Kevin McGee, Philip Wollburg, Thomas Assefa, Sydney Gourlay","doi":"10.1093/erae/jbad017","DOIUrl":"https://doi.org/10.1093/erae/jbad017","url":null,"abstract":"Abstract The Coronavirus disease pandemic has disrupted survey systems globally and especially in low- and middle-income countries. Phone surveys started being implemented at a national scale in many places that previously had limited experience with them. As in-person data collection resumes, the experience gained provides the grounds to reflect on how phone surveys may be incorporated into survey and data systems in low- and middle-income countries. Reviewing evidence and experiences from before and during the pandemic, the paper provides guidance on the scope of and considerations for using phone surveys for agricultural data collection and the integration of phone interviews with in-person data.","PeriodicalId":50476,"journal":{"name":"European Review of Agricultural Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135360056","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
On the policy relevance of agricultural economics 论农业经济学的政策相关性
IF 3.4 2区 经济学
European Review of Agricultural Economics Pub Date : 2023-06-27 DOI: 10.1093/erae/jbad019
D. Just
{"title":"On the policy relevance of agricultural economics","authors":"D. Just","doi":"10.1093/erae/jbad019","DOIUrl":"https://doi.org/10.1093/erae/jbad019","url":null,"abstract":"\u0000 The past decade has seen the transition of agricultural economics from perceived irrelevance to being seen as key to saving the world from an array of grand challenges. These challenges include global climate change, non-communicable diseases, hunger and poverty. These challenges require international cooperation. Such cooperation is undermined by global conflicts in which agricultural trade is disrupted either to incentivise policy change or through conflict. The world is vulnerable if trade can be exploited for political power or disrupted by other actions taken for political power. Agricultural economists are uniquely situated to address these issues.","PeriodicalId":50476,"journal":{"name":"European Review of Agricultural Economics","volume":null,"pages":null},"PeriodicalIF":3.4,"publicationDate":"2023-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46761028","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
European review of agricultural economics—50th anniversary retrospective 欧洲农业经济评论——50周年回顾
IF 3.4 2区 经济学
European Review of Agricultural Economics Pub Date : 2023-06-26 DOI: 10.1093/erae/jbad022
Salvatore Di Falco, C. Lagerkvist, Céline Nauges, T. Richards
{"title":"European review of agricultural economics—50th anniversary retrospective","authors":"Salvatore Di Falco, C. Lagerkvist, Céline Nauges, T. Richards","doi":"10.1093/erae/jbad022","DOIUrl":"https://doi.org/10.1093/erae/jbad022","url":null,"abstract":"\u0000 In this article, we celebrate the first 50 years of the European Review of Agricultural Economics. We intend to convey some understanding of how the interests of European Review of Agricultural Economics (ERAE) readers change over time as a reflection of how shifting interests show up in our research. To document how the issues, methods, and content of the ERAE evolve over time, we summarise the content of the top-cited articles by decade. We conclude with a summary, and our thoughts as to where applied economics research in the Review may go over the next 50 years.","PeriodicalId":50476,"journal":{"name":"European Review of Agricultural Economics","volume":null,"pages":null},"PeriodicalIF":3.4,"publicationDate":"2023-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41527874","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Economic and environmental performance of controlled-environment supply chains for leaf lettuce 生菜受控环境供应链的经济和环境绩效
IF 3.4 2区 经济学
European Review of Agricultural Economics Pub Date : 2023-06-24 DOI: 10.1093/erae/jbad016
C. Nicholson, Michael Eaton, M. Gómez, N. Mattson
{"title":"Economic and environmental performance of controlled-environment supply chains for leaf lettuce","authors":"C. Nicholson, Michael Eaton, M. Gómez, N. Mattson","doi":"10.1093/erae/jbad016","DOIUrl":"https://doi.org/10.1093/erae/jbad016","url":null,"abstract":"\u0000 We assess landed costs and selected environmental metrics for field-based and controlled-environment agriculture greenhouse (GH) supply chains for leaf lettuce delivered to New York City. Landed costs for a GH are 46 to 174 per cent higher than field production, with the lower value for an automated GH located in the peri-urban area. Energy use and global warming potential per kg lettuce delivered were larger for the GH, particularly if located in a peri-urban area. Water use was much higher for the field-based supply chain. Controlled-environment GH technologies will require further development to meet goals for lower costs and environmental impact.","PeriodicalId":50476,"journal":{"name":"European Review of Agricultural Economics","volume":null,"pages":null},"PeriodicalIF":3.4,"publicationDate":"2023-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41373650","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Product appeal, sensory perception and consumer demand 产品诉求、感官知觉与消费者需求
IF 3.4 2区 经济学
European Review of Agricultural Economics Pub Date : 2023-06-23 DOI: 10.1093/erae/jbad020
J. Roosen, Christina M. Neubig, Matthias Staudigel, Herdis Agovi
{"title":"Product appeal, sensory perception and consumer demand","authors":"J. Roosen, Christina M. Neubig, Matthias Staudigel, Herdis Agovi","doi":"10.1093/erae/jbad020","DOIUrl":"https://doi.org/10.1093/erae/jbad020","url":null,"abstract":"\u0000 Research has highlighted the need for drastic shifts in eating patterns towards healthy and sustainable diets. One element would be the successful introduction of new or reformulated products. This paper discusses the opportunities for studying the role of sensory properties in determining food choices. We illustrate the methodology with the example of mueslis in Germany. We span the sensory space using the check-all-that-apply method and analyse consumer demand in a discrete choice experiment. We identify two sizable segments with a preference for less sweet mueslis. Future research avenues for the combination of economic and sensory studies are discussed.","PeriodicalId":50476,"journal":{"name":"European Review of Agricultural Economics","volume":null,"pages":null},"PeriodicalIF":3.4,"publicationDate":"2023-06-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43881346","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Non-monetary incentives to increase enrollment in payments for environmental services 增加环境服务支付注册人数的非货币激励措施
IF 3.4 2区 经济学
European Review of Agricultural Economics Pub Date : 2023-06-13 DOI: 10.1093/erae/jbad014
S. Chabé-Ferret, Philippe Le Coent, Valentin David-Legleye, Véronique Delannoy
{"title":"Non-monetary incentives to increase enrollment in payments for environmental services","authors":"S. Chabé-Ferret, Philippe Le Coent, Valentin David-Legleye, Véronique Delannoy","doi":"10.1093/erae/jbad014","DOIUrl":"https://doi.org/10.1093/erae/jbad014","url":null,"abstract":"\u0000 Payments for Environmental Services (PESs) are increasingly used to foster farmers’ adoption of greener practices, but their effectiveness is often undermined by low enrollment. In a large randomized field experiment (N = 20,000), we test several non-monetary incentives to increase enrollment into the French implementation of the Agri-Environmental Schemes program of the European Union. We find that sending 10,000 information letters triggers the enrollment of 75 ± 52 farmers at a cost of 102 $pm $71 Euros/new enrollee. Pre-stamped reply forms increase contacts with caseworkers but fail to raise enrollment. Testimonies by other farmers seem to decrease the effectiveness of the letters. Diffusion effects could increase the impact of our non-monetary incentives by 40% to 50% and decrease the cost of an additional enrollee by around 30%.","PeriodicalId":50476,"journal":{"name":"European Review of Agricultural Economics","volume":null,"pages":null},"PeriodicalIF":3.4,"publicationDate":"2023-06-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47801303","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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