Elasticity

Vertical price transmission analysis: The case of milk in the slovak dairy sector

by Zuzana Lajdová & Peter Bielik Testing for nature price transmission and calculating elasticities of price transmission are important areas of research for providing insights into market efficiency issues. Symmetric or asymmetric price transmission has been the subject of considerable attention in agricultural economics. The concept of the price transmission…

Technical Efficiency Analysis of Maize Production: Evidence from Ghana

by Beatrice Bempomaa & Henry de-Graft Acquah The study applies the single-stage modelling stochastic frontier approach to investigate the performance of maize farmers in the Ejura-Sekyedumase District of Ghana. It estimates the level of technical efficiency and its determinants for 306 maize farmers. Findings indicated that land, labour and fertilizer…

Agricultural development and government expenditures in the new EU countries

by Peter Bielik, Luboš Smutka, Elena Horská, Richard Selby The main ambition of this paper is to analyse agricultural developments in selected new EU member states with particular emphasis on government expenditures in agriculture. The main objective is to identify the relationship between government expenditures development on one side, and…