Research Topics in Agricultural and Applied Economics

Volume 3

by

Anthony N. Rezitis

DOI: 10.2174/97816080526391120301
eISBN: 978-1-60805-263-9, 2012
ISBN: 978-1-60805-699-6
ISSN: 1879-7415 (Print)



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The aim of this e-book series is to publish high quality economic research in agricultural and applied economics. It particularly fost...[view complete introduction]

Table of Contents

Foreword

- Pp. i

Trevor Young

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Preface

- Pp. ii-iii (2)

Anthony N. Rezitis

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List of Contributors

- Pp. iv-vi (3)

Anthony N. Rezitis

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Milk Production Forecasting by a Neuro-Fuzzy Model

- Pp. 3-11 (9)

Atsalakis S. George, Parasyri G. Maria and Zopounidis D. Constantinos

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The Role of Production Contracts in the Coordination of Agri-Food Chain: Evidence and Future Issues for the Durum Wheat Chain in Italy

- Pp. 12-22 (11)

Davide Viaggi and Giacomo Zanni

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Effects of the European Union Farm Credit Programs on Efficiency and Productivity of the Greek Agricultural Sector: A Stochastic DEA Application

- Pp. 23-46 (24)

Anthony N. Rezitis, Kostas Tsiboukas and Stavros Tsoukalas

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Institutional Innovations in the Common Agricultural Policy: A Theoretical Approach based on Legitimacy

- Pp. 47-56 (10)

Melania Salazar-Ordóñez and Gabriel Pérez-Alcalá

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Agricultural Externalities and Environmental Regulation: The Case of Manure Management and Spreading Land Allocation

- Pp. 57-69 (13)

Isabelle Piot-Lepetit

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Energy Crops Situation in Castile and Leon: Incentives and Barriers to Success

- Pp. 70-93 (24)

Rita Robles and Luigi Vannini

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Governing of Agro-Ecosystem Services in Bulgaria

- Pp. 94-129 (36)

Hrabrin Bachev

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Ex Post Liability for Loss vs. Ex Ante Liability Insurance as Solutions to Reversal Risk in Carbon Offset Projects

- Pp. 130-144 (15)

Joshua Anyangah

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A Choice Experiments Application in Transport Infrastructure: A Case Study on Travel Time Savings, Accidents and Pollution Reduction

- Pp. 145-155 (11)

Phoebe Koundouri, Yiannis Kountouris and Mavra Stithou

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Index

- Pp. 156-157 (2)

Anthony N. Rezitis

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Foreword

This volume of “Research Topics in Agricultural and Applied Economics,” edited by Professor Anthony Rezitis, maintains the standards set in the previous two volumes by presenting 9 papers which report high quality applied economic research. Several of the papers adopt modern empirical approaches, such as neuro-fuzzy techniques, stochastic DEA, and choice experiments, while others are based on recent theoretical developments in the areas of new institutional economics, transaction cost economics, information and contract design. Most of the applications focus on the agricultural sector. These include ‘traditional’ topics, including the study of sector efficiency, the Common Agricultural Policy, and the agri-food chain, as well as the analysis of agri-environmental issues, such as waste disposal, the role of energy crops, and the governance of agro-ecosystem services. The volume concludes with two papers with a broader application, namely carbon offset projects and transportation infrastructure.

Readers should find much of value here, whether their interests lie in economic theory, applied techniques, policy issues or the details of the specific applications presented. The volume, together with its two predecessors, offers a very worthwhile contribution to the literature.

Trevor Young
Emeritus Professor
Agricultural and Environmental Economics
The University of Manchester


Preface

The aim of the e-book series of Research Topics in Agricultural &; Applied Economics (RTAAE) is to publish high quality economic research applied in both the agricultural and non-agricultural sectors of the economy. Subject matter areas of this e-book series include, among others, supply and demand analysis, technical change and productivity, industrial organization, labor economics, growth and development, environmental economics, marketing, business economics and finance. By covering a broad variety of economic research topics, this e-book series is addressed to a wide spectrum of an academic agricultural and applied economic researchers and scientists but it could also be useful to industry specialists and government policymakers. The present volume of RTAAE (Vol. 3) contains the following 9 chapters:

Chapter 1:

entitled “Milk production forecasting by a neuro-fuzzy model”, uses a hybrid intelligent system called ANFIS (Adaptive Neuro Fuzzy Inference System) for predicting milk production. The results indicate the superiority of the ANFIS model when compared with the two conventional models: an Autoregressive (AR) and an Autoregressive Moving Average model (ARMA).

Chapter 2:

entitled “The role of production contracts in the co-ordination of agri-food chain: evidence and future issues for the durum wheat chain in Italy”, explores the role of production contracts in the co-ordination of the agri-food chain, taking into account evidence from the particular case of the durum wheat chain in Italy.

Chapter 3:

entitled “Effects of the European Union Farm Credit Programs on Efficiency and Productivity of the Greek Agricultural Sector: A Stochastic DEA Application”, examines technical efficiency and productivity growth of Greek farms participating in the 1994 European Union Farm Credit Programs using the approach developed by Simar and Wilson to bootstrapping both DEA efficiency measures and Malmquist productivity indices.

Chapter 4:

entitled “Institutional Innovations in the Common Agricultural Policy: A Theoretical Approach based on Legitimacy”, analyzes the role of different exogenous and endogenous factors which have been boosted or slowed down by CAP reforms. The main results show that the EU institutional structure is a fundamental factor.

Chapter 5:

entitled “Agricultural Externalities and Environmental Regulation: The Case of Manure Management and Spreading Land Allocation”, describes how the measures are introduced by the European regulation on manure management are incorporated into the theoretical analysis framework for studying the issue of nonpoint externality especially, agricultural runoff.

Chapter 6:

entitled “Energy Crops Situation in Castile and Leon: Incentives and Barriers to Success”, examines the current situation and the possibilities of development energy crops by Castile and Leon farmers using the Rural Rapid Appraisal (RRA) and Strengths, Weaknesses, Opportunities, Threats (SWOT) methods.

Chapter 7:

entitled “Governing of Agro-Ecosystem Services in Bulgaria”, incorporates interdisciplinary New Institutional and Transaction Costs Economics and analyzes the governance of agro-ecosystem services in Bulgaria.

Chapter 8:

entitled “Ex Post Liability for Loss vs. Ex Ante Liability Insurance as Solutions to Reversal Risk in Carbon Offset Projects”, examines how ex-post liability rules and ex ante liability insurance requirements can affect the nature of contractual agreement between an investor and a host, and the induced level of effort under asymmetric information.

Chapter 9:

entitled “A Choice Experiments Application in Transport Infrastructure: A Case Study on Travel Time Savings, Accidents and Pollution Reduction”, presents the results of a Choice Experiment aiming to value different characteristics relating to the construction of a public highway in Greece.

Anthony N. Rezitis
University of Western Greece

List of Contributors

Editor(s):
Anthony N. Rezitis
University of Western Greece
Greece




Contributor(s):
Anthony Rezitis
Department of Business Administration of Food and Agricultural Enterprises
University of Western Greece
2, G Seferi Str
Agrinio
Greece


Atsalakis George
Department of Production Engineering and Management
Technical University of Crete
73100 Chania
Crete
Greece


Davide Viaggi
Agricultural Economics and Engineering (DEIAGRA)
University of Bologna
Viale Fanin
50 - 40127 Bologna
Italy


Gabriel Pérez-Alcalá
Department of Applied Economics
ETEA, Institución Universitaria de la Compañía de Jesús
Córdoba, 14004
Spain


Giacomo Zanni
ENDIF - ENgineering Department In Ferrara
University of Ferrara
Via Saragat
Ferrara, 1- 44100
Italy


Hrabrin Bachev
Institute of Agricultural Economics
125 "Tzarigradsko shose" Blvd Blok 1
Sofia, 1113
Bulgaria


Isabelle Piot-Lepetit
IPTS - Institute for Prospective Technological Studies
Edificio EXPO - c/Inca Garcilaso 3
Seville, 41092
Spain


Joshua Anyangah
Department of Economics
University of Lethbridge
Lethbridge
Alberta, Postal code: T1K 3M4
Canada


Kostas Tsiboukas
Department of Agricultural Economics and Rural Development
Agricultural University of Athens
75, Iera Odos Str.
Athens, 11855
Greece


Luigi Vannini
University of Bologna
Leon, 24071
Spain


Maria Parasyri
Department of Production Engineering and Management
Technical University of Crete
Chania
Crete, 73100
Iran


Mavra Stithou
Division of Economics
Stirling Management School
University of Stirling
Stirling FK9 4LA
UK


Melania Salazar-Ordóñez
Department of Applied Economics
ETEA, Institución Universitaria de la Compañía de Jesús
Córdoba, 14004
Spain


Phoebe Koundouri
Department of International and European Economic Studies
Athens University of Economics and Business
Athens, 10434
Greece


Rita Robles
Department of Agricultural Sciences and Engineering
University of Leon
Leon, 24071
Spain


Stavros Tsoukalas
Department of Agricultural Economics and Rural Development
Agricultural University of Athens
75, Iera Odos Str.
Athens, 11855
Greece


Yannis Kountouris
Department of Economics
University of Manchester
Manchester M13 9PL
UK


Zopounidis D. Constantinos
Department of Production Engineering and Management
Technical University of Crete
73100 Chania
Crete
Greece




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