Template-Type: ReDIF-Article 1.0
Author-Name: HU Wu-Yueh
Author-Workplace-Name: Department of Applied Economics, National Chung Hsing University, Taichung, Taiwan
Title: Effect of contract farming on the U.S. crop farmers' average return
Abstract: In the literature of contract farming, most of the studies focus on the functions of risk managements and reducing transaction costs. Only a few study the effect of contract farming on the productivity efficiency or profitability. Literature in the crop sector is especially lacking. In this paper, we use a unique farm-level dataset (Agricultural Resource Management Survey from the U.S. Department of Agriculture) to examine the effect of contract farming on the farmers' average return for the corn, soybean and wheat producers. The matching estimation is used in the nature to compare the farmers' average return with or without participating contract farming. We first run a logit model to calculate the propensity score from the farmers' contracting decision problem. Then, use the propensity score to match farmers using the contracts and not using the contracts and compare their average returns. The empirical results show that contract farming has a positive effect on the corn and soybean producers' average return and insignificant effect on wheat producers'.
Keywords: average return, contract farming, grain industry marketing contract
Journal: Agricultural Economics
Pages: 195-201
Volume: 59
Issue: 5
Year: 2013
DOI: 10.17221/100/2012-AGRICECON
File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/100/2012-AGRICECON.html
File-Format: text/html
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Handle: RePEc:caa:jnlage:v:59:y:2013:i:5:id:100-2012-AGRICECON

Template-Type: ReDIF-Article 1.0
Author-Name: Pavel TOMŠÍK
Author-Workplace-Name: Department of Management, Faculty of Business and Economics, Mendel University in Brno, Brno, Czech Republic
Author-Name: Jiří SEDLO
Author-Workplace-Name: Winegrower Association of the Czech Republic, Velké Bílovice, Czech Republic
Title: Management of wine production with regard to its implementation into the wine markets of the Czech Republic
Abstract: The Czech Republic is a country, in which the production of wine covers approximately one third of the total demand. The current production potential of the Czech Republic is 19 633.45 hectares of vineyards. Since 1960, the production potential of Czech vineyards has increased approximately three times. This increase equals the optimum production of 90 million litres of wine. Two thirds of the total demand for wine must be covered by imports. This paper analyses the development of the wine market within the period of the campaign years 2004/2005 to 2011/2012 and tries to predict the development in 2012/2013. The authors analyse developmental trends in the sales of this commodity with regard to the home production of wine after the entry of the Czech Republic into the European Union. In the Czech Republic, the wine trading is oriented nearly exclusively to seven EU member countries. The highest volumes of wine are imported from Italy and Hungary. Exports are mostly directed to Slovakia and (with a great gap) Poland. As far as the prices are concerned, this corresponds to CZK 3.5 bill. got for 170 million of sold litres. The management of wine production involves the restructuralisation of the varietal assortment in vineyards caused by a changing demand for white, rosé and red wines.
Keywords: wine, market, production, bottled wine, barrel wine, prices, volumes
Journal: Agricultural Economics
Pages: 202-210
Volume: 59
Issue: 5
Year: 2013
DOI: 10.17221/125/2012-AGRICECON
File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/125/2012-AGRICECON.html
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Handle: RePEc:caa:jnlage:v:59:y:2013:i:5:id:125-2012-AGRICECON

Template-Type: ReDIF-Article 1.0
Author-Name: Ohlan RAMPHUL
Author-Workplace-Name: Institute of Management Studies and Research, Maharshi Dayanand University, Rohtak, India
Title: Agricultural exports and the growth of agriculture in India
Abstract: The study empirically investigates the causality between agricultural exports and gross domestic product (GDP) agriculture in India using the Granger causality test via Vector Error-Correction Model over the period 1970-1971 to 2009-2010. The results of unit-root tests suggest that the series of India's GDP agriculture and farm exports are integrated of order one. The results of the Auto Regressive Distributed Lag bounds testing approach to co-integration show that there is a positive and stable long-run equilibrium relationship between India's agricultural exports and GDP of agriculture. We find a unidirectional causal link running from farm exports to gross domestic product of agriculture. It indicates that in India, agricultural products export Granger causes the growth in GDP of agriculture, which supports the export-led growth hypothesis. It is suggested that in order to accelerate the agricultural growth rate in India, there is a need to implement the policies encouraging the agricultural exports.
Keywords: co-integration, export-led growth hypothesis, Granger causality
Journal: Agricultural Economics
Pages: 211-218
Volume: 59
Issue: 5
Year: 2013
DOI: 10.17221/118/2012-AGRICECON
File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/118/2012-AGRICECON.html
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Handle: RePEc:caa:jnlage:v:59:y:2013:i:5:id:118-2012-AGRICECON

Template-Type: ReDIF-Article 1.0
Author-Name: Martina ZÁMKOVÁ
Author-Workplace-Name: Department of Statistics and Operation Analysis, Faculty of Business and Economics, Mendel University in Brno, Brno, Czech Republic
Author-Workplace-Name: Department of Mathematics, College of Polytechnics Jihlava, Jihlava, Czech Republic
Author-Name: Veronika BLAŠKOVÁ
Author-Workplace-Name: Department of Statistics and Operation Analysis, Faculty of Business and Economics, Mendel University in Brno, Brno, Czech Republic
Title: The differences in the marketability of organic products in Greece and the Czech Republic
Abstract: The paper is concerned with the marketability of organic products in Greece and the Czech Republic. We use marketing research in the form of a questionnaire survey to get an understanding of the organic-product shopping patterns in both countries. The data collected are then analysed by statistical methods and the differences presented between the marketability of organic products in Greece and the Czech Republic. In comparing the results, a chi-square test is used to test for their independence, further using a simple as well as multiple-sample testing of relative frequencies. Based on the results, there are then presented recommendations to producers and traders of organic products to support the popularity of this group of products and thereby to increase the marketability especially among the younger generation of consumers.
Keywords: bio products (organic products), ecological agriculture, organic farming, shopping patterns, statistical data processing
Journal: Agricultural Economics
Pages: 219-226
Volume: 59
Issue: 5
Year: 2013
DOI: 10.17221/93/2012-AGRICECON
File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/93/2012-AGRICECON.html
File-Format: text/html
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Handle: RePEc:caa:jnlage:v:59:y:2013:i:5:id:93-2012-AGRICECON

Template-Type: ReDIF-Article 1.0
Author-Name: Xu HENGZHOU
Author-Workplace-Name: School of Management and Economics, Tianjin University, Tianjin, P.R. China
Author-Name: Chen TONG
Author-Workplace-Name: School of Management and Economics, Tianjin University, Tianjin, P.R. China
Title: Impact of farmers' differentiation on farmland-use efficiency: Evidence from household survey data in rural China
Abstract: Farmer differentiation has important implications for the efficiency of farmland use. Applying the model of DEA and Tobit, using the household survey data, this paper investigates the effects of the farmer stratum differentiation on the efficiency of farmland use. The empirical results showed that the type of farmer differentiation was positive and statistically significant at 5% level. The regression coefficient is 0.295; this result implies that if this variable improves one percentage, the efficiency of farmland use will increase by 29.5%. The farmer horizontal differentiation and farmer vertical differentiation pass the significance test at the 1% and 5% level, respectively. This indicates that they all have a significant positive impact on the farmland use efficiency. We conclude that corresponding measures should be implemented to further facilitate the farmer differentiation. Another implication of our results is that the policies matched with the farmer differentiation and transfer should be gradually perfected, and then they will provide a better environment of the society and economy for free migration of farmers.
Keywords: farmer differentiation, farmland use efficiency, rural households
Journal: Agricultural Economics
Pages: 227-234
Volume: 59
Issue: 5
Year: 2013
DOI: 10.17221/124/2012-AGRICECON
File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/124/2012-AGRICECON.html
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Handle: RePEc:caa:jnlage:v:59:y:2013:i:5:id:124-2012-AGRICECON

Template-Type: ReDIF-Article 1.0
Author-Name: Halit YANIKKAYA
Author-Workplace-Name: Gebze Institute of Technology, Gebze-Kocaeli, Turkey
Author-Name: Huseyin KAYA
Author-Workplace-Name: Bahcesehir University, Istanbul, Turkey
Author-Name: Osman Murat KOCTURK
Author-Workplace-Name: Celal Bayar University, Manisa, Turkey
Title: The effect of real exchange rates and their volatilities on the selected agricultural commodity exports: A case study on Turkey, 1971-2010
Abstract: This study investigates the effect of the exchange rate volatility and the real exchange rate on the bilateral agricultural exports flows of Turkey to 46 countries. A panel data set, which contains 46 cross-sections and 1840 observations, is used for exports of the selected agricultural commodities to countries from 1971 to 2010. Our empirical results based on a gravity equation show that while the exchange rate volatility does not exert a significant effect on the Turkish agricultural commodity exports, the real exchange rate has a statistically significant effect on the agricultural commodity export flows. Regardless of the region chosen, raisins and tobacco exports are very much sensitive to the real exchange rates. It means that any depreciation in the Turkish Lira leads to higher exports for these commodities. We have also some interesting results on other commodities. Exports of dried figs show no sensitivity to the exchange rate or its volatilities, except for the EU countries. For the full sample, exports of citrus, grape and hazelnuts increases as the TL depreciates. The sensitivity of hazelnut to the real exchange rates varies among regions.
Keywords: agricultural trade, exchange rate volatility, gravity, panel
Journal: Agricultural Economics
Pages: 235-246
Volume: 59
Issue: 5
Year: 2013
DOI: 10.17221/122/2012-AGRICECON
File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/122/2012-AGRICECON.html
File-Format: text/html
X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-201305-0006.txt
Handle: RePEc:caa:jnlage:v:59:y:2013:i:5:id:122-2012-AGRICECON