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Всего публикаций в данном разделе: 34

Авторы:
А Б ВГ Д Е ЖЗИ ЙК Л М Н О П Р С Т У ФХ ЦЧ Ш ЩЭЮЯ
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
 
Названия:
все А БВ Г Д ЕЖЗ И ЙК ЛМ Н О П Р С Т У ФХЦ ЧШЩЭ ЮЯ
A B C D EF G H I JKL M N O P Q R S T U V W XY Z
 

Опубликовано на портале: 28-11-2003
Irene Tzouramani, Konstadinos Mattas
2002
Latest developments in investment analysis offer a number of valuable insights into how to evaluate investment opportunities encountering the weaknesses of net present value criterion. More specific, irreversibility, uncertainty and the choice of timing are conditions that net present value does not include but they alter the investment decision in critical way. Employing contingent claims analysis in tangible investments several assumptions made by discount cash flow method are concerned and better assessment results can be derived. In this work, an attempt is made to apply real options methodology in agricultural investments. Many agricultural investors face a growing uncertainty environment with high sunk investments and net present value criterion has been extensively used that may be lead to incorrect decisions. Both discount cash flow method and real options approach are employed to evaluate the effectiveness of a new technology project under uncertainty returns in agriculture. Discount cash flow approach indicates that the adoption of a new technology project under uncertainty is feasible while real options approach differentiates the results. The corollary is that real options approach can be proved conducive in assessing projects with uncertainty and irreversibility and it can furnish a new way of examining agricultural investment decisions.
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Опубликовано на портале: 29-03-2005
Irene Tzouramani, Konstadinos Mattas
2004
New policy measures have studied and introduced to transform Europe’s agriculture into a more environmental friendly agriculture. Adopting environmental friendly production systems involves risk and uncertainty and to overcome this well designed policy schemes are required. This study attempts to examine the effects of income variability upon the decision on adopting or not environmental friendly production systems in order to evaluate the organic financial incentives to farmers by introducing the real options methodology. The real options procedure revealed that the investment in environmental friendly production systems must be postponed and the option of investment must be kept alive until the expected returns are high enough to offset the risk and uncertainty. Therefore, policy makers have to reconsider the current financial incentives if they want faster adoption of sustainable production systems.
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Опубликовано на портале: 29-11-2003
Markus Lips, Peter Rieder
2002
This paper discusses an approach to implement output quotas in the GTAP model which permits an endogenous adjustment of both the supplied quantity and the quota rent. Since the quota rent is interpreted as additional earnings of the factors used no change of the worldwide GTAP data base is required. Several modifications of the GTAP model and two exogenous coefficients are necessary. Considering uncertain values of one of the coefficients, systematic sensitivity analysis is applied. The abolishment of the raw milk quota in the European Union would lead to a remarkable decrease in raw milk prices in most member countries. The raw milk production increases in Denmark, Ireland, Luxembourg and the Netherlands while it declines in Greece and Portugal. In the other member countries the raw milk production changes slightly.
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Опубликовано на портале: 29-11-2003
Emilio Galdeano Gomez, Jose Cespedes Lorente, Manuel Rodrigues
2002
This paper analyses the effect of environmental and quality improvement practices on the value added of the fruit and vegetable sector. These practices form part of the incentive-based programmes established by the Common Agricultural Policy. Taking the investment in quality-environmental activities as knowledge capital, we propose a specific analysis that evaluates the effect of the factors of the production function and of the current subsidies over the value added. In general, the share of qualityenvironmental activities in the rise of the product's market value is quite high. The analysis reflects that the expenditure on these activities is still higher than their benefit, and that the current subsidies can hardly be considered encouraging factors for the development of the above-mentioned practices.
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Опубликовано на портале: 31-12-2003
Kerry Turner, David Pearce, Ian Bateman
USA: Johns Hopkins University Press, 1994, 324 с.
Учебник начального уровня по экономике окружающей среды. Рассматриваются взаимосвязь экономики и политики в области защиты окружающей среды, ситуация снижения роли экономики при возрастании экологических проблем, влияние рынков и государственной политики, защита окружающей среды посредством экономических механизмов, развитие экономики окружающей среды.

Опубликовано на портале: 29-11-2003
Carlo Russo, Massimo Sabbatini
2002
In this paper, equity management practices of Italian agricultural cooperatives are described and discussed. Financial statements of 1.483 cooperatives are analyzed in order to provide empirical support to the study. Data confirm cooperative undercapitalization and disclose the existence of diversity in equity management practices even within the same business sector. Thus, in order to highlight the relations between cooperative market strategies and equity management practices a cluster analysis is proposed. Seven main strategic approaches for Italian cooperatives are identified and the emerging equity management practices are discussed. The empirical analysis supports the conclusion that a large number of Italian are implementing “perverse” approaches, such as dependence from public funding and minimization of equity and investments. Considering increasing competition, without an innovative equity management approach, the majority of the analyzed cooperative is expected to suffer of relevant competitive disadvantage.
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Опубликовано на портале: 30-11-2003
G.R. Griffith, R.J. Farquharson, S.A. Barwick, R.G. Banks, W.E. Holmes
2003
This study aimed at estimating the costs and benefits of all beef cattle genetic improvement activity, across Australia, over the period 1970 to the present. The total cumulative Present Value (PV) of investments by industry, government and other agencies into selection, crossbreeding and grading up since 1963, and of imported genetics, was estimated to be $340m (in $2001 at a 7% discount rate). Using a suite of genetic evaluation models, farming systems models and an industry-level model, the cumulative PV of industry returns were estimated. Within-breed selection generated $944m; crossbreeding in southern Australia $255m; changing breed composition in southern Australia $62m; and changing breed composition in northern Australia $8.1bn. The benefit/cost ratio for this investment was 28:1 over the last 30 years.
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Опубликовано на портале: 30-11-2003
Martin Kapfer, Jochen Kantelhardt, Elizabeth Osinski
2003
In comparison to large-scale natural landscapes separated from extensively used agricultural production landscapes in North America or Australia, German and Central Europe landscapes are all characterised by predominantly agricultural landscapes with few “rests of nature”. Due to the high population density, different types of land users demand different functions of the landscape. In addition to food production, there is a high demand for protection of cultural heritage by caring for e.g. hedgerows in the landscape. The aim of this study was to estimate the costs arising from the maintenance of landscape elements in landscapes situated on land with different site conditions. As an example, the distribution of hedgerows on sites of varying agricultural quality were considered. The calculations were undertaken on the entire area of Baden- Wuerttemberg in Southwest Germany, comprising various administrative districts. The association between ecological and economic information was analysed statistically and with the help of GIS. The results indicate that the costs for landscape element protection differ within the state of Baden-Wuerttemberg and that there is a lot of economic pressure against hedgerow biotopes existing in certain districts. Measures for protection such as agri-environmental programmes should consider the different landscape-dependent costs.
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Опубликовано на портале: 31-12-2003
Martina Brockmeier, Claudia A. Herok, Oliver von Ledebur, Petra Salamon
Durban, 2003
Enlarging the EU presents a tremendous effort with obstacles for old and new member states especially in the agricultural sector. In this paper, impacts of a new accession round were analyzed with the help of the comparative-static general equilibrium model GTAP (Global Trade Analysis Project). The standard version was extended to allow for a better representation of specific instruments of the Common Agriculture Policy and the EU budget.

To capture detailed effects in new member states, simulations were carried out for 12 candidate countries, the EU-15 and the rest of the world. As for products the focus lies on agriculture. Scenarios include an enlargement with and without the transfer of direct payments in the new member states, according to the proposal of the EU commission from January 2002. Simulations in a post-Agenda 2000 environment led to heterogeneous country specific impacts in the accession countries whereas the changes within EU-15 and the rest of the world were negligible. Due to adjustments in tariffs, trade balances of the new member states were deteriorating while welfare effects are positive. Transfer of direct payments led to more pronounced effects, especially with regard to output and trade. Without direct payments accession countries would be net contributors to the EU budget. This would change when they become eligible for this subsidy. In general, the analysis shows the importance of a country specific perspective.
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Опубликовано на портале: 31-03-2005
Donatella Privitera
2004
It is well known that rural tourism and, agro-tourism in particular, represents one of the ways of exploiting rural development. It was considered, therefore, that an analysis of the territorial distribution of tourist resources might offer useful information for an assessment of the Community programmes, and in particular, measures regarding aid to agro-tourism enterprises. The aim of this work is to examine the impact of carrying out the structural policies of the 1994-99 programme for the Calabrian agro-tourism enterprises and also provide useful information regarding the new 2000-06 programmes.
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Опубликовано на портале: 29-11-2003
Jason Hartell, Maureen Kilkenny, Johan Swinnen
2002
In this paper, we attempt to shed some light on the state of current thinking in Europe about rural development and policy. To do so, the priorities and preferences of European agricultural economists who work in the area of rural development policy were identified using a survey that asked the following questions: who do we believe needs help, what are the problems and objectives, which policies are likely to be effective, who is able to deliver, and where do we get these ideas? The paper documents the diversity in rural development problems and favored tactics across Europe.
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Опубликовано на портале: 29-11-2003
Jim Stout, Susan Leetmaa, Anne Normile
2002
This paper provides an overview of the European Union component of the recently developed ERS/Penn State WTO Model. The model is a multi-region, multi-commodity partial equilibrium trade model which allows the user to simulate the effects of reducing or eliminating tariffs and TRQs, export subsidies, and domestic support policies. The paper describes how the model captures the important agricultural policies of the EU, and presents results from model simulations of domestic support liberalization, export subsidy elimination, and tariff removal.
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Опубликовано на портале: 29-11-2003
Yasuo Ohe
2002
Understanding the demand profile of rural tourism is a necessary condition for the successful diversification of any rural economy. Although descriptive analyses have been conducted on this issue, a more generalized framework is required that allows us to explore economic analyses. This paper evaluates the leisure behavior of households that have a preference for rural tourism in Japan. First, we give conceptual consideration to the notion that leisure behavior should be regarded as a form of a home production and explain that households that undertake rural tourism have undergone an upward shift in the home production function to realize a higher utility level. We propose that a preference for rural recreation causes this shift by improving the efficiency of the home production of leisure. Second, as an actual behavior of rural tourism, the characteristics of visitors to pick-your-own farms were statistically tested using data from a nation-wide survey on tourism. Finally, the rural preference function was estimated. The results revealed that the profile of households showing a preference for rural tourism demonstrated both up-market and niche market characteristics, which mirrored findings in European countries emphasizing the importance of a higher academic background, stronger orientation towards outdoor recreation, and greater discrimination with respect to the quality of services and goods received. Preference for rural recreation can be enhanced through the provision of authentic, high quality service and goods and the preservation of the rural environment. Therefore, there will be an increased demand for a farm policy that integrates both agricultural and rural measures.
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Опубликовано на портале: 03-01-2004
Ред.: Thyrele Robertson, Burton C. English, Robert Alexander
Iowa: Blackwell Publishing Company, 1998, 420 с.
Книга является сборником исследовательских работ, представленных на 30й международной конференции атлантического экономического общества. Акцент уделяется проблематике эффективного использования природных ресурсов в сельском хозяйстве, моделированию влияния различных программ и политики на состояние природных ресурсов и на поведение экономических агентов на различных уровнях : фирмы, местном, региональном, национальном.
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Опубликовано на портале: 31-03-2005
Gerhard Hovorka
2004
The landscape in Austria is characterised by the high proportion of less-favoured areas (LFA). These cover 81 % of the total Austrian land area. Most is classified as mountain area (70%) with a small part classified as other types of less-favoured area. Mountain farming has the key role in safeguarding the sensitive eco-system and thereby the multifunctional landscape and the general living and working space. The mountain area still possess a high environmental quality and environmentally friendly agriculture and forestry extends over most of the mountain area. This is also important for tourism, which plays a major role in the Austrian economy. Austria has gained considerable experience with mountain farming subsidies and regional programmes specific to the mountain area over recent decades. Since the early 1970s a differentiated classification system has been the basis for defining support levels for mountain farmers. A revised classification system has been applied since 2001. The dominant objective for mountain farming policy is to maintain an agricultural and forestry sector based on environmental principles and small family farms. Under the 2000 – 2006 Rural Development Programme major alterations to the support scheme have been undertaken and support levels have been improved considerably for LFA farmers, and particularly for mountain farmers. The ex-ante evaluation and the mid-term evaluation were undertaken by the Federal Institute for Less-Favoured and Mountainous Areas in Vienna. This paper addresses key questions regarding the evaluation and the achievements of the new compensatory allowances schemes in Austria and will focus on the extent to which it meets the main objectives for mountain areas and other less favoured areas. The complementary contributions of other RDP measures, such as the agri-environmental programme to fulfil the main objectives, will also be discussed. In addition, a review of less–favoured-area payments of some other EU member states will be presented.
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