Template-Type: ReDIF-Article 1.0 Author-Name: editors Title: VOLUME 64 (2018), CONTENTS Journal: Agricultural Economics Pages: I-III Volume: 64 Issue: 12 Year: 2018 DOI: 10.17221/11502-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/11502-AGRICECON.html File-Format: text/html Handle: RePEc:caa:jnlage:v:64:y:2018:i:12:id:11502-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: Juraté SAVICKIENÉ Author-Name: Astrida MICEIKIENÉ Author-Workplace-Name: Aleksandras Stulginskis University, Kaunas, Lithuania Title: Sustainable economic development assessment model for family farms Abstract: This article is aimed to address the issue of sustainable economic development assessment in family farms. A complex methodology of family farm sustainable economic development assessment based on the family farm sustainable economic development index has been created following analysis of family farm sustainable economic development assessment methodologies, which are proposed by scientists and used in practice. The Kruskal-Wallis test and hierarchical cluster analysis were used to check the relevance of the index in family farm sustainable economic development assessment. The index value range was calculated using descriptive statistics. The characteristics of the index allow creating models for family farm sustainable economic development classification types based on k-means clustering. The family farms were classified into nine types. Examples of Lithuanian family farms were provided to demonstrate practical applications of the index. Furthermore, analysis of Lithuanian family farm sustainable economic development types by specialisation enabled to identify the main reasons for the existing situation in the farms. Keywords: family farms, family farm sustainable economic development index, sustainable economic development Journal: Agricultural Economics Pages: 527-535 Volume: 64 Issue: 12 Year: 2018 DOI: 10.17221/310/2017-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/310/2017-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-201812-0002.txt Handle: RePEc:caa:jnlage:v:64:y:2018:i:12:id:310-2017-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: Aron TOROK Author-Name: Jozsef TOTH Author-Workplace-Name: Corvinus University of Budapest, Budapest, Hungary Author-Name: Jeremias Mate BALOGH Author-Workplace-Name: Corvinus University of Budapest, Budapest, Hungary Title: Networking theory of innovation in practice - The Hungarian case Abstract: According to the European Innovation Scoreboard (2017) report, Hungary's summarised innovation score is 67.4 against the EU28 average of 102. This implies that the Hungarian economy has got rather serious disadvantages in the European Union community. This statement is more pronounced in the case of the food industry. From an innovation point of view food industry is seen as a slow one, which is lagging behind the technology pushed possibilities, but sometimes behind the customers' desires and requirements as well. In our research, we determine why the food companies in Hungary do not engage in innovation activities and if they do so, what are the main drivers of their innovation performance? We use the Community Innovation Survey (CIS 2012a) data and employ double hurdle estimation because of the nature of the innovation distribution. This method also helps in overcoming the selection bias problem, which necessarily occurs in this situation. Results prove that networking scope as well as networking intensity, play an important role in explaining innovation performance. The size and market obstacles are also significant factors. Keywords: Community Innovation Survey, food industry, Hungary, innovation activity, networking Journal: Agricultural Economics Pages: 536-545 Volume: 64 Issue: 12 Year: 2018 DOI: 10.17221/60/2018-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/60/2018-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-201812-0003.txt Handle: RePEc:caa:jnlage:v:64:y:2018:i:12:id:60-2018-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: Jerzy BAŃSKI Title: Phases to the transformation of agriculture in Central Europe - Selected processes and their results Abstract: The fall of the communist system in Central Europe was followed by dynamic social and economic change that also had its clear impact on the food sector. One of the key factors shaping the contemporary condition of the agricultural sector in region has been change of ownership, with the collapse of the nationalised sector and restitution of property to former owners. The work presented here considers the main directions of changes and assessment of selected economic processes ongoing in the farming sector over the last quarter-century throughout the region under consideration. This analysis may be further broken down in relation to the three suggested phases of change, i.e. transformation, integration and polarisation. The work took in five countries of the former Eastern Bloc, i.e. the Czech Republic, Hungary, Poland, Romania and Slovakia. Keywords: agriculture, Central Europe, land management, privatisation, transformation Journal: Agricultural Economics Pages: 546-553 Volume: 64 Issue: 12 Year: 2018 DOI: 10.17221/86/2018-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/86/2018-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-201812-0004.txt Handle: RePEc:caa:jnlage:v:64:y:2018:i:12:id:86-2018-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: Lucio CECCHINI Author-Name: Biancamaria TORQUATI Author-Workplace-Name: University of Perugia, Perugia, Italy Author-Name: Massimo CHIORRI Author-Workplace-Name: University of Perugia, Perugia, Italy Title: Sustainable agri-food products: A review of consumer preference studies through experimental economics Abstract: In the last few decades, the interest of consumers towards sustainable agri-food products has been growing. This trend reflects changes in the consumption patterns, which have been deeply influenced by the increased sensitivity concerning social and environmental issues. In this sense, several studies, with different methodological approaches, have investigated consumers' willingness to pay and its determinants for products with different sustainability labels. To systematise the obtained results, this paper offers a review of the studies that used experimental economics in studying consumer preferences for sustainable food and agricultural products. The 41 studies included in the review were selected on the basis of the pre-identified criterion according to the systematic review approach. Albeit discordant, the results show that a large share of consumers is willing to pay a premium price for products with eco-friendly and organic certifications. Animal welfare, 'local' production, or social certification appear to have a lower influence on consumer choice of purchasing. Additional information is able to modify consumer expectations and consequentially their willingness to pay, depending on the individual's responsibility and awareness. Keywords: auctions, revealed preferences, sustainability labels, willingness to pay Journal: Agricultural Economics Pages: 554-565 Volume: 64 Issue: 12 Year: 2018 DOI: 10.17221/272/2017-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/272/2017-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-201812-0005.txt Handle: RePEc:caa:jnlage:v:64:y:2018:i:12:id:272-2017-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: Xiao-Qing WANG Author-Workplace-Name: School of Economics, Ocean University of China, Qingdao, China Author-Name: SU Chi-Wei Author-Workplace-Name: School of Economics, Qingdao University, Qingdao, China Author-Name: Ran TAO Author-Workplace-Name: Qingdao Municipal Center for Disease Control & Preventation, Qingdao, China Author-Name: Oana-Ramona LOBONŢ Author-Workplace-Name: Department of Finance, West University of Timisoara, Timisoara, Romania Title: When will food price bubbles burst? A review Abstract: This paper examines whether there are multiple explosive bubble episodes in international food market by employing the Generalised Supremum Augmented Dickey-Fuller (GSADF) test. This method is particularly suitable for practical application of time series and provides an innovative consistent date-stamping strategy for the origination and termination of bubble episodes. Our results show that there are four explosive bubble episodes mostly accompanied by huge price volatilities during 1990-2017, which is largely in line with the asset pricing model (Gürkaynak 2008). The exuberance and collapse of bubble episodes can be explained by imbalance between supply and demand, depreciation of U.S. dollar, financial crisis and speculation. Our findings also provide supporting evidence for the Masters hypothesis that tremendous buying pressure from index investments contributes to substantial bubble episodes. The authorities should accurately identify bubble episode and monitor its evolving process, which is propitious to achieve the effective stabilisation of global food system. Particularly, restrictions on excessive speculative trading should be arranged under extreme market situations in order to forestall the explosion of multiple food bubbles. Keywords: Generalised Supremum Augmented Dickey-Fuller (GSADF), food price, multiple bubbles, speculation Journal: Agricultural Economics Pages: 566-573 Volume: 64 Issue: 12 Year: 2018 DOI: 10.17221/21/2018-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/21/2018-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-201812-0006.txt Handle: RePEc:caa:jnlage:v:64:y:2018:i:12:id:21-2018-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: editors Title: AUTHOR INDEX, 64 (2018) Journal: Agricultural Economics Pages: IV-VI Volume: 64 Issue: 12 Year: 2018 DOI: 10.17221/11500-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/11500-AGRICECON.html File-Format: text/html Handle: RePEc:caa:jnlage:v:64:y:2018:i:12:id:11500-AGRICECON