In this paper, we examine whether innovation and information communication technology (ICT) contribute to reducing producer prices, thus promoting economic growth. We also check the contributions of ICT enhance environmental quality, leading sustainable To end, apply panel data techniques 27 EU countries over period recovery from financial crisis. Our results suggest that technological progress...

This paper presents a test to discriminate among behaviors of producers of exhaustible resources. In contrast with previous empirical studies (Griffin, 1985), which studied the static implications of such behaviors, our approach is based on the possibility of testing the dynamic implications of the behavior of the "competitive" producer versus the "collusive" producer. The behavior of a competi...

This paper contributes with an in-depth investigation of spatial wheat producer market integration between two neighbouring countries, net exporting Hungary and net importing Slovenia. One of the key features of this spatial producer price transmission is the very important role Hungary plays in supplying wheat to Slovenia. Using monthly data from January 2000 to April 2011, spatial price trans...

This paper presents a test to discriminate among behaviors of producers of exhaustible resources. In contrast with previous empirical studies (Griffin, 1985), which studied the static implications of such behaviors, our approach is based on the possibility of testing the dynamic implications of the behavior of the "competitive" producer versus the "collusive" producer. The behavior of a competi...

We consider risk-aware forest owners and electricity producers evaluating the Reduced Emissions from Deforestation and Degradation (REDD)-based offsets with a benefitsharing mechanisms under uncertain CO2 prices. For a range of CO2 prices and respective risks perceived by the forest owner (seller) and electricity producer (buyer), we apply a model of fair (indifference) pricing. Parties’ risk p...

Accessing specialty coffee markets is recognized as a way for some small-scale coffee farmers to earn higher prices, counteract unequal distributions of market power, and achieve a better quality of life. Members of CEPICAFE, a Peruvian coffee producer association that has gained access to Fair Trade and organic markets, do receive higher prices than they would by selling to local traders. Howe...

The spread of COVID-19 has had a signifi cant impact on economic and social activities, with the agri-food sector being no exception. Since outbreak, numerous studies investigating its sectoral infl uence have been carried out, putting emphasis demand supply shocks changes in trade volumes. However, there not much research into implications pandemic for prices. To fi ll gap, this paper is an at...

We evaluated several variants of a variable biofuel subsidy and compared them with the fixed subsidy and Renewable Fuel Standard. We used two different modeling approaches. First we used a partial equilibrium model encompassing crude oil, gasoline, ethanol, corn, and ethanol by-products. Second, we used a stochastic simulation model of a prototypical ethanol plant. From the partial equilibrium ...

A terms of trade index is generally defined as an economy’s index of export prices divided by an index of import prices. The implementation of this definition would not warrant a chapter in a textbook or in a Manual: it is more or less straightforward. However, many economists over the years have observed that an improvement in an economy’s terms of trade has effects that are very similar to an...