http://erae.oxfordjournals.org European Review of Agricultural Economics - RSS feed of current issue 1464-3618 March 2008 European Review of Agricultural Economics 0165-1587 http://erae.oxfordjournals.org/cgi/content/short/35/1/1?rss=1 Using 14 waves of panel data, this paper investigates why employees entering the primary sector exit subsequently. Transition probabilities are explained by a rich set of individual, regional and sectoral characteristics and a discrete-time competing risks model with unrestricted base-line hazards is used to distinguish between exits into a job in other sectors and other exits. The results confirm Jovanovic's suggestion of ‘survival of the fittest matches’ as workers and firms learn more about the quality of the match between them. It is found that agricultural education, higher income and sector wage differences are the main determinants of the hazard of moving to another sector, whereas marriage and higher education lower the hazard of leaving for non-employment.

]]> 2008-04-09 info:doi/10.1093/erae/jbn009 Foundation for the European Review of Agricultural Economics 1 35 28 2008-03-01 1 Articles http://erae.oxfordjournals.org/cgi/content/short/35/1/29?rss=1 Based on a conjoint choice experiment relating to canola oil in Japan, this article establishes and tests the impacts of various measures of reference dependence on choice. Results show that although reference dependence may be defined within choice tasks as a type of choice complexity, a broader and more logical definition should be based on respondents' revealed-preference bundle. This broader definition allows for a richer representation and interpretation of behaviour. It is found that references may affect choices through different channels and that many of these effects are non-linear.

]]> 2008-04-09 info:doi/10.1093/erae/jbn002 Foundation for the European Review of Agricultural Economics 1 35 50 2008-03-01 29 Articles http://erae.oxfordjournals.org/cgi/content/short/35/1/51?rss=1 Roundup Ready^® Wheat (RRW) is one of the first genetically modified (GM) traits for the wheat sector. We develop a spatial partial equilibrium model of the higher-protein hard wheat market and assess the changes in the distribution of welfare associated with release and adoption of RRW. It incorporates segments for GM aversion in each market and segregation costs for each segment. In the most likely scenario, producer and consumer welfare increases by $301 and $252 million, respectively. Producers of hard red spring wheat in the US and Canada gain. There are welfare losses to hard red winter wheat growers in the US and to EU consumers who have to import at a higher cost.

]]> 2008-04-09 info:doi/10.1093/erae/jbn003 Foundation for the European Review of Agricultural Economics 1 35 73 2008-03-01 51 Articles http://erae.oxfordjournals.org/cgi/content/short/35/1/75?rss=1 This paper aims to provide empirical evidence relating to the importance of contract enforcement for development. Survey data on Hungarian farms are used to estimate the impact of contract hold-ups on investment. We find that investment is affected by a variety of factors. Contract breaches in the form of delayed payments have a non-linear effect on investment: at high levels, they significantly deter the investment, but not at low levels.

]]> 2008-04-09 info:doi/10.1093/erae/jbn001 Foundation for the European Review of Agricultural Economics 1 35 91 2008-03-01 75 Articles http://erae.oxfordjournals.org/cgi/content/short/35/1/93?rss=1 We comment on a recent important article by Akbay et al. and discuss some methodological and estimation issues arising from their paper. We then suggest alternative procedures that may help improve their estimates and thereby enhance their usefulness as a basis for food policy and marketing decisions.

]]> 2008-04-09 info:doi/10.1093/erae/jbn010 Foundation for the European Review of Agricultural Economics 1 35 98 2008-03-01 93 Articles http://erae.oxfordjournals.org/cgi/content/short/35/1/99?rss=1 We reply to the Comment by Drichoutis et al. regarding some methodological and estimation issues arising from our paper. In particular, we compare the elasticities reported in the original paper with those obtained using estimation procedures suggested by Drichoutis et al. We find that the differences are very small.

]]> 2008-04-09 info:doi/10.1093/erae/jbn011 Foundation for the European Review of Agricultural Economics 1 35 102 2008-03-01 99 Articles http://erae.oxfordjournals.org/cgi/content/short/35/1/103?rss=1 2008-04-09 info:doi/10.1093/erae/jbn007 Foundation for the European Review of Agricultural Economics 1 35 105 2008-03-01 103 Book reviews http://erae.oxfordjournals.org/cgi/content/short/35/1/105?rss=1 2008-04-09 info:doi/10.1093/erae/jbn006 Foundation for the European Review of Agricultural Economics 1 35 107 2008-03-01 105 Book reviews http://erae.oxfordjournals.org/cgi/content/short/35/1/108?rss=1 2008-04-09 info:doi/10.1093/erae/jbn008 Foundation for the European Review of Agricultural Economics 1 35 110 2008-03-01 108 Book reviews http://erae.oxfordjournals.org/cgi/content/short/35/1/110?rss=1 2008-04-09 info:doi/10.1093/erae/jbn004 Foundation for the European Review of Agricultural Economics 1 35 113 2008-03-01 110 Book reviews http://erae.oxfordjournals.org/cgi/content/short/35/1/114?rss=1 2008-04-09 info:doi/10.1093/erae/jbn005 Foundation for the European Review of Agricultural Economics 1 35 115 2008-03-01 114 Book reviews