14 research outputs found
Der Markt für ökolgisches Gemüse: Strukturen und Entwicklungen
Gemessen am absoluten Absatzvolumen ist Deutschland der größte Öko-Markt für Lebensmittel in Europa. Gemüse spielt dabei eine wichtige Rolle. Innerhalb der letzten Jahre hat sich der Öko-Gemüsemarkt von einem Nischenmarkt zu einem bedeutenden Marktsegment entwickelt. Damit einhergehend war eine wachsende Konkurrenzsituation. Die stark wachsende Verbrauchernachfrage nach ökologischem Gemüse, die in den letzten Jahren durch das zunehmende Engagement des Lebensmitteleinzelhandels insbesondere der Discounter, sowie den anhaltenden Gründungsboom neuer Bio-Supermärkte verstärkt wurde, führte bei einigen Gemüsearten zwischenzeitlich zu Versorgungsengpässen. Die Angebotsseite hat allerdings nicht ausreichend auf die steigende Nachfrage reagiert. Einerseits konnten bei den Gemüse-Anbauflächen in den letzten fünf Jahren nur vergleichsweise geringe Zuwächse verzeichnet werden, anderseits konnte bedingt durch steigende Importe ein hoher Preisdruck auf die deutschen Erzeuger beobachtet werden. Die dynamische Marktsituation verlangt nach umfassenden und belastbaren Daten, um der Politik Hinweise für eine effiziente und nachhaltige Entwicklung des Öko-Gemüsemarktes zu geben. Während über das Konsumverhalten beim Kauf von Öko-Gemüse eine Vielzahl von Untersuchungen vorliegt, ist für die Angebotsseite ein Mangel an quantitativen Daten und deskriptiven Analysen festzustellen. Diese Datenlücke war Anlass für die vorliegende Studie zur Analyse des Angebots von Öko-Gemüse in Deutschland. Die Studie liefert umfassende und belastbare Informationen, die einen bisher fehlenden Einblick in den sehr intransparenten Öko-Gemüsemarkt ermöglichen. Neben der Beschreibung der Marktstrukturen der Nachfrageseite werden besonders die Strukturen und Entwicklungen der ökologischen Gemüsebaubetriebe beschrieben. Die Studie liefert Informationen über die verschiedenen Produktionsprogramme, dem Einsatz von Produktionsfaktoren, Ertragsmengen, Vermarktungswege und wirtschaftliche Lage der Betriebe.
Der Hauptteil der Studie basiert auf Daten, die aus einer bundesweiten Befragung von 204 ökologisch wirtschaftenden Gartenbauunternehmen stammen. Die Befragung erfolgte im Rahmen des vom Zentrum für Betriebswirtschaft im Gartenbau e.V. (ZBG) durchgeführten und vom „Bundesprogramm Ökologischer Landbau“ geförderten Projektes „Bundesweite repräsentative Erhebung und Analyse der verbreiteten Produktions- und Vermarktungssysteme im ökologischen Gartenbau und Aufbau eines bundesweiten Praxis-Forschungs-Netzwerkes im ökologischen Gartenbau“
Ökologischer Gemüsebau in Deutschland: Strukturen und Entwicklungen
This paper gives an overview over German organic vegetable production. The aim is to describe the situation and to analyze development perspectives. A general descrip-tion of actual trends is based on an expert survey: The experts emphasize that there is a broad spectrum of farm sizes and production portfolios. Expected general trends are growth in area and the specialization on fewer crops as well as the focus on few distri-bution channels. In this paper, these prognoses are compared with empirical data from a survey of 112 organic vegetable farms
How Effective is the Invisible Hand? Agricultural and Food Markets in Central and Eastern Europe
Since the seminal work of Adam Smith, markets have been considered an efficient tool for co-ordinating the behaviour of economic agents. The basic characteristic of a market economy is that the complex system of interaction among individuals is not centrally coordinated. Under the assumption of profit and utility maximisation (and a whole set of assumptions about the institutional framework), relative prices and their change over time provide the signals that guide, like an invisible hand, the allocation of resources, i.e., the structure of production and the intensity of input use in the various production processes. They do this by co-ordinating the activities of economic agents, i.e., of resource owners, producers, intermediaries, traders, and consumers. After system change in the former Soviet Union and in Central and Eastern Europe (CEE) central economic planning had to be replaced by other forms of co-ordination. The general direction in all transition countries was towards a market economy, but the speed and depth of reforms towards an environment in which markets can evolve differed largely between countries, sectors and between different phases during the past 15 years. IAMO Forum 2005 focuses on this development and discusses the functioning of markets, the requirements for this, and the advantages and disadvantages of other co-ordination mechanisms under different environments in the agricultural and food sectors in Central and Eastern Europe. CEE agri-food markets deserve researchers' and policy makers' attention for several reasons. Two of them regard the high demand for support to policy decisions that aim to stimulate economic and social development in the region. In most CEE countries, the significance of the agricultural and food sector is relatively high with respect to income and employment. In particular, rural areas can benefit from the development of this branch of the economy. Also, there is marked indication that agri-food markets in CEE are not ensuring exchange as frictionless as possible. This means that large benefits can be expected if potential improvements of the economic environment are implemented and if individual agents adapt optimally to that environment. Another motivation for economic research on transition countries is that we are looking at a huge region that started almost as a vacuum with regard to institutional settings. This means that a wide range of substantially different settings were introduced in the respective countries, and were only weakly confined by political rigidities or path dependencies. From a distant perspective, the repeated fundamental shifts in recent economic policies almost evoke the impression of a trial and error approach. The consequences of distinctively different options (across countries and periods) can be observed in a way almost similar to a laboratory situation. Such unique opportunity has attracted economists, particularly those interested in institutional economics, to conduct research on CEE. However, this also means that the experiences made in CEEC can enhance the general understanding of what markets can do and what the limitations of market coordination are. This volume contains selected contributions presented at IAMO Forum 2005 and gives an overview of the major topics discussed there. Partial analyses of specific economic problems usually abstract from the general economic framework which is assumed to be more or less constant as expressed in ceteris paribus clauses. Oftentimes, the set of institutional conditions is even assumed to be sufficiently well-described by the framework used in neoclassical models. Particularly for transition countries, this has frequently led to spurious results because crucial aspects of the framework actually in place were not considered, and sometimes were not even thought of. An extreme and very obvious example is the neglect of the effects of the replacement of monetary by nonmonetary exchange in phases of a barter economy. There is no generic approach to avoid unintended omission of crucial framework conditions, but it must generally be emphasised that a broad look at the various interdependent markets and at the entire socioeconomic context of a country is needed before going into detail. Descriptive analyses of the situation in various markets form part of such a broad look. The contributions of POPP, FERTÃ et al., WILKIN et al., and HEIN in the chapter Selected analyses from CEEC provide excellent examples, and focus on market developments in new EU member countries. On the one hand, the papers show the heterogeneity of problems e.g. due to largely differing farm structures. On the other hand, several common patterns can be observed: The market shares and power of large processors and retailers (hypermarkets, etc.) are increasing. Also, international (especially intra-EU) trade in commodities has increased in response to CAP-induced price harmonisation. Both tendencies weaken the market position of farmers, particularly small entities which cannot supply in volumes sufficient for large processing and trade firms. Within the food industry concentration increased as many smaller firms could not comply with EU processing standards and had to quit the market. The increased size and specialization of large producers, as well as of large processors, made many of those firms co-ordinate business with each other through long-term contractual agreements rather than by relying on spot markets. This tendency is very distinct in the fruit and vegetable sector, as WILKINâs contribution describes. Two contributions draw attention to the institutional framework itself, mainly by looking at circumstances which prevent market allocation from leading to an optimal outcome. HOBBS describes factors that impede investment and growth by drawing on transaction cost economics. Situations typical for transition countries are highlighted where e.g. transparency is not sufficient or the existence and reliable enforcement of contract or corporate law are not guaranteed. NUPPENAU stresses the need for the appropriate and precise formulation of land property rights, which should evoke a balance between governance and exclusion. The importance of appropriate and reliable institutions to avoid flaws is emphasised. But even with suitable institutions, transaction costs cannot be reduced to zero. The main reason for this is that since agents may gain form a head start of information, incentives to reveal their knowledge are quite restricted. Furthermore, some of the information required to make correct decisions is not available. This especially concerns information regarding all future contingencies. An uncertain future and the asymmetric distribution of information impose special problems when decisions have long-term effects and agents are linked together through investment decisions. This offers possibilities for opportunistic behaviour, i.e., when an agent behaves in a way that allows him to extract rents from the partners' activities. The friction induced in such situations may result in a market outcome that is biased by transaction costs. Mitigating this bias should be a goal of public policy but it is also in the interest of (at least some of the) private agents involved. This issue is discussed in more detail in the papers dealing with alternative governance structures. A number of contributions to IAMO Forum highlight approaches for measuring the well-functioning of markets. While studies that aim to directly measure transaction costs are very rare and are necessarily limited to comparing only very specific portions of transaction costs, most studies focus on indirect indicators. These usually start from the idea that in a well-functioning, competitive market any supply or demand shocks are reflected in price changes, not only in the particular market where the shock occurs but also in other, related markets, i.e., in different locations or at different stages of the production and marketing chain. Consequently, an approach for assessing the functioning of markets is to compare price differentials with processing-, marketing- or transfer-costs, or â since these costs are usually difficult to quantify â to observe price differentials over time. Accepting the assumption that the costs reflected by price differentials are more or less constant (or stationary) over the observed time span, any additional price changes or a lack of price co-movement is interpreted as an indication for insufficiently connected or insufficiently functioning markets. Three contributions in the chapter Analytical approaches for measuring market efficiency describe analyses which mainly focus on the vertical dimension, i.e., between market stages. BOJNEC, in his descriptive price analysis for several agricultural products in Slovenia since 1991, finds a heterogeneous development of the farm gate/consumer price spread: The processing and marketing margins increased for wheat and beef while they declined for grapes (processed to wine), sugar and poultry. BRÃMMER and ZORYA, as well as BAKUCS and FERTÃ, use cointegration analysis to describe the degree and nature of vertical price integration in the Ukrainian wheat market and the Hungarian pork market, respectively. Both studies find that price changes are transmitted vertically, that there is a tendency to "correct" any deviations from some underlying equilibrium price-relationship. However, such error correction mechanisms are found not to be a constant, universal force. In the Hungarian paper, it could only be found for a sub-period of the observed time span, excluding the highly volatile early 1990s. Also, equilibrium was found to be achieved by adjustment of farm gate prices only while the retail prices were found to be exogenous, i.e., not responding to any disequilibrium. The paper on Ukraine shows that adjustment processes between wheat and wheat flour prices cannot be sufficiently described by a constant error correction mechanism for the period 2000 to 2004. In fact, four different regimes of adjustment processes were found to have been in force, reflecting particular phases of largely differing market situations and political interventions. The functioning of markets depends on several crucial conditions. One of these conditions concerns the availability of information. Only if agents have perfect and complete information will the exchange lead to an outcome in which no individual can be better off without reducing the welfare of others. However, in the real world this condition regarding information is not fulfilled. Information is not perfect, since the future cannot be predicted with certainty. Incomplete information results from, first, not all information being revealed, and second, individuals not possessing the mental capacity to collect and process all information. Moreover, because of its asymmetric distribution, information can be regarded as a resource that can be exploited by agents. This means that there are incentives to hamper the diffusion of information to the public domain. In general, the more uncertain the future is and the more information is tacit, the worse markets will function, and the more beneficial become alternative mechanisms of coordination. Three papers dealing with this issue of organisational choice. HANF focuses on governance structures within supply chain networks that are appropriate for allowing an optimal flow of information between the involved individuals while retaining the necessary hierarchy for efficient implementation of strategic decisions. MAACKâs analysis shows that there is strong mutual interest between producers and processors of berry fruits to reduce marketing and procurement risk, respectively. This can be achieved by switching from spot market exchange to contractual supply agreements. A prerequisite for such agreements is that a well-balanced distribution of risks and risk premiums between the farmer and processor is implemented. This means that processors, who â facing a multitude of small producers â are used to opportunities for exerting market power, have to agree to cover part of the production risk through appropriate contractual clauses. Finally, BALINT looks at the various marketing channels used by Romanian farmers and finds that a self-enforcing dualism exists. For commercially-oriented farmers who can supply large quantities, marketing directly to traders, wholesalers and processors is most favourable and involves relatively low transaction costs. Although this form of supply-relationship is usually not based on contractual agreements, it can still be characterised by a certain stability over time. In contrast, small farmers whose production does not considerably exceed the subsistence level incur relatively high (per unit) transaction costs in selling their produce on local markets and to other farmers. Another aspect of organisational choice is the question of whether ownership of production factors is transferred or only the right to use them temporarily. The uncertainty of future developments implies that the possession of resources cannot be only regarded from the point of view of income generation at a certain point in time. With perfect foresight, there is no difference whether a factor is rented or purchased, because the remuneration would be the same. This perfect substitutability is no longer given when the future is uncertain. Income generation, then, is only one feature of ownership. Additional aspects such as insurance, wealth, and speculation as motivations for possession affect the value of ownership and thus shift the demand and supply curves of the factor. HURRELMAN picks up this issue in her analysis of the Polish land market and shows the impact of additional grounds for valuing property on the decision to rent or to buy land. Uncertainty may also affect the specialization of factor use. Allocating a factor of production to different production activities reduces the risk of income instabilities, but at the cost of specialization gains through economics of scale. Moreover, the decision on income combination is â besides risk â affected by a complex interaction of other determinants. GLAUBEN et al., analyse these interactions for the case of part-time farming in China and show how the decision of income combination is affected by household characteristics, human capital and other variables. Incomplete and imperfect information not only causes individuals to choose optimal governance modes, often it is also understood as a call for government intervention. The selected papers in the chapter on policy intervention plead for careful selection and coherent implementation of policy instruments. BENNER, as well as KUHN, highlight the significance of information diffusion and argue in favour of government intervention in this area. However, both emphasise that these interferences should be used carefully and be adjusted to specific market failures. Both argue that setting up information systems would improve the functioning of markets. BENNER also discusses possible negative impacts if governments that engage in setting up and enforcing product and process standards try, at the same time, to foster a sector like agriculture through support in marketing. The latter activity affects the governmentâs (crucial) credibility in the first activity. KUHN points to negative welfare effects and budgetary requirements of an intervention system which is implemented to increase price stability. Moreover, when a government intervenes in market allocation or intends to provide rules that should facilitate the exchange on markets, it has to take into account that the new regulation has to be implemented in a coherent manner. This requires the various policy regulations and institutional settings to be complementary and not cause frictions which hamper the functioning of the system. LERMAN and SHAGAIDA highlight this aspect in their discussion of the Russian land market, where bureaucracy and high costs for the registration of property rights can be regarded as a major cause of the low number of land transactions. However, since economic activities take place in a dynamic environment, the comparative static point of view may lead to inappropriate policy formulation. WANDEL discusses this aspect in the context of competition policy. From a comparative static point of view, market power has to be assessed negatively because of the distortions of resource allocation. However, monopoly profits are an indicator of extra rents and thus provide incentives for market entry. On the one hand, this thread may lead to special pricing schemes and/or to the accelerated development of technological change so that a monopolist can consolidate its market position. But it is possible, on the other hand, that market entry may in fact happen. In this case, one would observe structural change, which would be accompanied by an improved use of resources. This in turn means that competition policy should not be oriented towards an optimal market structure but towards the facilitation of market entry so that competition can discover market opportunities and determine the optimal structure of the market. The present volume shows the wide range of interesting and controversial topics that are concerned when looking at co-ordination, particularly on markets in CEE agri-food sectors. It remains a hope that the heterogeneity and dynamics of the developments will decrease as successful constellations of framework conditions, organisational choices and individual behaviour become more and more obvious and widespread in the region. Conversion to sustainable, balanced patterns might take place, but this cannot be taken for granted. However, chances for such development are better the more stable and balanced political developments, as well as international co-operation, become. We hope that the academic community will contribute towards such goal.Agribusiness, Community/Rural/Urban Development, Industrial Organization, International Development, Labor and Human Capital, Land Economics/Use, Political Economy,
Loss of Mitochondrial Ca <sup>2+</sup> Uniporter Limits Inotropic Reserve and Provides Trigger and Substrate for Arrhythmias in Barth Syndrome Cardiomyopathy
Background:
Barth syndrome (BTHS) is caused by mutations of the gene encoding tafazzin, which catalyzes maturation of mitochondrial cardiolipin and often manifests with systolic dysfunction during early infancy. Beyond the first months of life, BTHS cardiomyopathy typically transitions to a phenotype of diastolic dysfunction with preserved ejection fraction, blunted contractile reserve during exercise, and arrhythmic vulnerability. Previous studies traced BTHS cardiomyopathy to mitochondrial formation of reactive oxygen species (ROS). Because mitochondrial function and ROS formation are regulated by excitation-contraction coupling, integrated analysis of mechano-energetic coupling is required to delineate the pathomechanisms of BTHS cardiomyopathy.
Methods:
We analyzed cardiac function and structure in a mouse model with global knockdown of tafazzin (
Taz
-KD) compared with wild-type littermates. Respiratory chain assembly and function, ROS emission, and Ca
2+
uptake were determined in isolated mitochondria. Excitation-contraction coupling was integrated with mitochondrial redox state, ROS, and Ca
2+
uptake in isolated, unloaded or preloaded cardiac myocytes, and cardiac hemodynamics analyzed in vivo.
Results:
Taz
-KD mice develop heart failure with preserved ejection fraction (>50%) and age-dependent progression of diastolic dysfunction in the absence of fibrosis. Increased myofilament Ca
2+
affinity and slowed cross-bridge cycling caused diastolic dysfunction, in part, compensated by accelerated diastolic Ca
2+
decay through preactivated sarcoplasmic reticulum Ca
2
+
-ATPase.
Taz
deficiency provoked heart-specific loss of mitochondrial Ca
2+
uniporter protein that prevented Ca
2+
-induced activation of the Krebs cycle during β-adrenergic stimulation, oxidizing pyridine nucleotides and triggering arrhythmias in cardiac myocytes. In vivo,
Taz
-KD mice displayed prolonged QRS duration as a substrate for arrhythmias, and a lack of inotropic response to β-adrenergic stimulation. Cellular arrhythmias and QRS prolongation, but not the defective inotropic reserve, were restored by inhibiting Ca
2+
export through the mitochondrial Na
+
/Ca
2+
exchanger. All alterations occurred in the absence of excess mitochondrial ROS in vitro or in vivo.
Conclusions:
Downregulation of mitochondrial Ca
2+
uniporter, increased myofilament Ca
2+
affinity, and preactivated sarcoplasmic reticulum Ca
2+
-ATPase provoke mechano-energetic uncoupling that explains diastolic dysfunction and the lack of inotropic reserve in BTHS cardiomyopathy. Furthermore, defective mitochondrial Ca
2+
uptake provides a trigger and a substrate for ventricular arrhythmias. These insights can guide the ongoing search for a cure of this orphaned disease
X-ray dark-field imaging of the human lung-A feasibility study on a deceased body
Disorders of the lungs such as chronic obstructive pulmonary disease (COPD) are a major cause of chronic morbidity and mortality and the third leading cause of death in the world. The absence of sensitive diagnostic tests for early disease stages of COPD results in under-diagnosis of this treatable disease in an estimated 60-85% of the patients. In recent years a grating-based approach to X-ray dark-field contrast imaging has shown to be very sensitive for the detection and quantification of pulmonary emphysema in small animal models. However, translation of this technique to imaging systems suitable for humans remains challenging and has not yet been reported. In this manuscript, we present the first X-ray dark-field images of in-situ human lungs in a deceased body, demonstrating the feasibility of X-ray dark-field chest radiography on a human scale. Results were correlated with findings of computed tomography imaging and autopsy. The performance of the experimental radiography setup allows acquisition of multi-contrast chest X-ray images within clinical boundary conditions, including radiation dose. Upcoming clinical studies will have to demonstrate that this technology has the potential to improve early diagnosis of COPD and pulmonary diseases in general
In-vivo X-ray Dark-Field Chest Radiography of a Pig
X-ray chest radiography is an inexpensive and broadly available tool for initial assessment of the lung in clinical routine, but typically lacks diagnostic sensitivity for detection of pulmonary diseases in their early stages. Recent X-ray dark-field (XDF) imaging studies on mice have shown significant improvements in imaging-based lung diagnostics. Especially in the case of early diagnosis of chronic obstructive pulmonary disease (COPD), XDF imaging clearly outperforms conventional radiography. However, a translation of this technique towards the investigation of larger mammals and finally humans has not yet been achieved. In this letter, we present the first in-vivo XDF full-field chest radiographs (32 x 35 cm(2)) of a living pig, acquired with clinically compatible parameters (40 s scan time, approx. 80 mu Sv dose). For imaging, we developed a novel high-energy XDF system that overcomes the limitations of currently established setups. Our XDF radiographs yield sufficiently high image quality to enable radiographic evaluation of the lungs. We consider this a milestone in the bench-to-bedside translation of XDF imaging and expect XDF imaging to become an invaluable tool in clinical practice, both as a general chest X-ray modality and as a dedicated tool for high-risk patients affected by smoking, industrial work and indoor cooking
An Assessment of Three Different In Situ Oxygen Sensors for Monitoring Silage Production and Storage
Oxygen (O2) concentration inside the substrate is an important measurement for silage-research and-practical management. In the laboratory gas chromatography is commonly employed for O2 measurement. Among sensor-based techniques, accurate and reliable in situ measurement is rare because of high levels of carbon dioxide (CO2) generated by the introduction of O2 in the silage. The presented study focused on assessing three types of commercial O2 sensors, including Clark oxygen electrodes (COE), galvanic oxygen cell (GOC) sensors and the Dräger chip measurement system (DCMS). Laboratory cross calibration of O2 versus CO2 (each 0–15 vol.%) was made for the COE and the GOC sensors. All calibration results verified that O2 measurements for both sensors were insensitive to CO2. For the O2 in situ measurement in silage, all O2 sensors were first tested in two sealed barrels (diameter 35.7 cm; height: 60 cm) to monitor the O2 depletion with respect to the ensiling process (Test-A). The second test (Test-B) simulated the silage unloading process by recording the O2 penetration dynamics in three additional barrels, two covered by dry ice (0.6 kg or 1.2 kg of each) on the top surface and one without. Based on a general comparison of the experimental data, we conclude that each of these in situ sensor monitoring techniques for O2 concentration in silage exhibit individual advantages and limitations
Ca M
CaMKII was suggested to mediate ischemic myocardial injury and adverse cardiac remodeling. Here, we investigated the roles of different CaMKII isoforms and splice variants in ischemia/reperfusion (I/R) injury by the use of new genetic CaMKII mouse models. Although CaMKIIδC was upregulated 1 day after I/R injury, cardiac damage 1 day after I/R was neither affected in CaMKIIδ-deficient mice, CaMKIIδ-deficient mice in which the splice variants CaMKIIδB and C were re-expressed, nor in cardiomyocyte-specific CaMKIIδ/γ double knockout mice (DKO). In contrast, 5 weeks after I/R, DKO mice were protected against extensive scar formation and cardiac dysfunction, which was associated with reduced leukocyte infiltration and attenuated expression of members of the chemokine (C-C motif) ligand family, in particular CCL3 (macrophage inflammatory protein-1α, MIP-1α). Intriguingly, CaMKII was sufficient and required to induce CCL3 expression in isolated cardiomyocytes, indicating a cardiomyocyte autonomous effect. We propose that CaMKII-dependent chemoattractant signaling explains the effects on post-I/R remodeling. Taken together, we demonstrate that CaMKII is not critically involved in acute I/R-induced damage but in the process of post-infarct remodeling and inflammatory processes
How Effective is the Invisible Hand? Agricultural and Food Markets in Central and Eastern Europe
Since the seminal work of Adam Smith, markets have been considered an efficient
tool for co-ordinating the behaviour of economic agents. The basic characteristic
of a market economy is that the complex system of interaction among
individuals is not centrally coordinated. Under the assumption of profit and utility
maximisation (and a whole set of assumptions about the institutional framework),
relative prices and their change over time provide the signals that guide,
like an invisible hand, the allocation of resources, i.e., the structure of production
and the intensity of input use in the various production processes. They do
this by co-ordinating the activities of economic agents, i.e., of resource owners,
producers, intermediaries, traders, and consumers.
After system change in the former Soviet Union and in Central and Eastern
Europe (CEE) central economic planning had to be replaced by other forms of
co-ordination. The general direction in all transition countries was towards a
market economy, but the speed and depth of reforms towards an environment in
which markets can evolve differed largely between countries, sectors and between
different phases during the past 15 years. IAMO Forum 2005 focuses on
this development and discusses the functioning of markets, the requirements for
this, and the advantages and disadvantages of other co-ordination mechanisms
under different environments in the agricultural and food sectors in Central and
Eastern Europe.
CEE agri-food markets deserve researchers' and policy makers' attention for
several reasons. Two of them regard the high demand for support to policy decisions
that aim to stimulate economic and social development in the region.
In most CEE countries, the significance of the agricultural and food sector is
relatively high with respect to income and employment. In particular, rural areas can benefit from the development of this branch of the economy. Also, there is
marked indication that agri-food markets in CEE are not ensuring exchange as
frictionless as possible. This means that large benefits can be expected if potential
improvements of the economic environment are implemented and if individual
agents adapt optimally to that environment.
Another motivation for economic research on transition countries is that we are
looking at a huge region that started almost as a vacuum with regard to institutional
settings. This means that a wide range of substantially different settings
were introduced in the respective countries, and were only weakly confined by
political rigidities or path dependencies. From a distant perspective, the repeated
fundamental shifts in recent economic policies almost evoke the impression of a
trial and error approach. The consequences of distinctively different options
(across countries and periods) can be observed in a way almost similar to a laboratory
situation. Such unique opportunity has attracted economists, particularly
those interested in institutional economics, to conduct research on CEE. However,
this also means that the experiences made in CEEC can enhance the general
understanding of what markets can do and what the limitations of market coordination
are.
This volume contains selected contributions presented at IAMO Forum 2005
and gives an overview of the major topics discussed there.
Partial analyses of specific economic problems usually abstract from the general
economic framework which is assumed to be more or less constant as expressed
in ceteris paribus clauses. Oftentimes, the set of institutional conditions is even
assumed to be sufficiently well-described by the framework used in neoclassical
models. Particularly for transition countries, this has frequently led to spurious
results because crucial aspects of the framework actually in place were not considered,
and sometimes were not even thought of. An extreme and very obvious
example is the neglect of the effects of the replacement of monetary by nonmonetary
exchange in phases of a barter economy. There is no generic approach
to avoid unintended omission of crucial framework conditions, but it must generally
be emphasised that a broad look at the various interdependent markets and
at the entire socioeconomic context of a country is needed before going into detail.
Descriptive analyses of the situation in various markets form part of such a
broad look. The contributions of POPP, FERTÖ et al., WILKIN et al., and HEIN in
the chapter Selected analyses from CEEC provide excellent examples, and focus
on market developments in new EU member countries. On the one hand, the
papers show the heterogeneity of problems e.g. due to largely differing farm
structures. On the other hand, several common patterns can be observed: The
market shares and power of large processors and retailers (hypermarkets, etc.)
are increasing. Also, international (especially intra-EU) trade in commodities
has increased in response to CAP-induced price harmonisation. Both tendencies
weaken the market position of farmers, particularly small entities which cannot
supply in volumes sufficient for large processing and trade firms. Within the food industry concentration increased as many smaller firms could not comply
with EU processing standards and had to quit the market. The increased size and
specialization of large producers, as well as of large processors, made many of
those firms co-ordinate business with each other through long-term contractual
agreements rather than by relying on spot markets. This tendency is very distinct
in the fruit and vegetable sector, as WILKIN’s contribution describes.
Two contributions draw attention to the institutional framework itself, mainly
by looking at circumstances which prevent market allocation from leading to an
optimal outcome. HOBBS describes factors that impede investment and growth
by drawing on transaction cost economics. Situations typical for transition countries
are highlighted where e.g. transparency is not sufficient or the existence and
reliable enforcement of contract or corporate law are not guaranteed. NUPPENAU
stresses the need for the appropriate and precise formulation of land property
rights, which should evoke a balance between governance and exclusion. The
importance of appropriate and reliable institutions to avoid flaws is emphasised.
But even with suitable institutions, transaction costs cannot be reduced to zero.
The main reason for this is that since agents may gain form a head start of information,
incentives to reveal their knowledge are quite restricted. Furthermore,
some of the information required to make correct decisions is not available. This
especially concerns information regarding all future contingencies. An uncertain
future and the asymmetric distribution of information impose special problems
when decisions have long-term effects and agents are linked together through
investment decisions. This offers possibilities for opportunistic behaviour, i.e.,
when an agent behaves in a way that allows him to extract rents from the partners'
activities. The friction induced in such situations may result in a market
outcome that is biased by transaction costs. Mitigating this bias should be a goal
of public policy but it is also in the interest of (at least some of the) private
agents involved. This issue is discussed in more detail in the papers dealing with
alternative governance structures.
A number of contributions to IAMO Forum highlight approaches for measuring
the well-functioning of markets. While studies that aim to directly measure
transaction costs are very rare and are necessarily limited to comparing only
very specific portions of transaction costs, most studies focus on indirect indicators.
These usually start from the idea that in a well-functioning, competitive
market any supply or demand shocks are reflected in price changes, not only in
the particular market where the shock occurs but also in other, related markets,
i.e., in different locations or at different stages of the production and marketing
chain. Consequently, an approach for assessing the functioning of markets is to
compare price differentials with processing-, marketing- or transfer-costs, or –
since these costs are usually difficult to quantify – to observe price differentials
over time. Accepting the assumption that the costs reflected by price differentials
are more or less constant (or stationary) over the observed time span, any additional
price changes or a lack of price co-movement is interpreted as an indication for insufficiently connected or insufficiently functioning markets. Three contributions
in the chapter Analytical approaches for measuring market efficiency
describe analyses which mainly focus on the vertical dimension, i.e., between market
stages. BOJNEC, in his descriptive price analysis for several agricultural
products in Slovenia since 1991, finds a heterogeneous development of the farm
gate/consumer price spread: The processing and marketing margins increased
for wheat and beef while they declined for grapes (processed to wine), sugar and
poultry. BRÜMMER and ZORYA, as well as BAKUCS and FERTÖ, use cointegration
analysis to describe the degree and nature of vertical price integration in the
Ukrainian wheat market and the Hungarian pork market, respectively. Both
studies find that price changes are transmitted vertically, that there is a tendency
to "correct" any deviations from some underlying equilibrium price-relationship.
However, such error correction mechanisms are found not to be a constant, universal
force. In the Hungarian paper, it could only be found for a sub-period of
the observed time span, excluding the highly volatile early 1990s. Also, equilibrium
was found to be achieved by adjustment of farm gate prices only while the
retail prices were found to be exogenous, i.e., not responding to any disequilibrium.
The paper on Ukraine shows that adjustment processes between wheat and
wheat flour prices cannot be sufficiently described by a constant error correction
mechanism for the period 2000 to 2004. In fact, four different regimes of adjustment
processes were found to have been in force, reflecting particular phases
of largely differing market situations and political interventions.
The functioning of markets depends on several crucial conditions. One of these
conditions concerns the availability of information. Only if agents have perfect
and complete information will the exchange lead to an outcome in which no individual
can be better off without reducing the welfare of others. However, in
the real world this condition regarding information is not fulfilled. Information
is not perfect, since the future cannot be predicted with certainty. Incomplete
information results from, first, not all information being revealed, and second,
individuals not possessing the mental capacity to collect and process all information.
Moreover, because of its asymmetric distribution, information can be
regarded as a resource that can be exploited by agents. This means that there are
incentives to hamper the diffusion of information to the public domain. In general,
the more uncertain the future is and the more information is tacit, the worse
markets will function, and the more beneficial become alternative mechanisms of
coordination. Three papers dealing with this issue of organisational choice.
HANF focuses on governance structures within supply chain networks that are
appropriate for allowing an optimal flow of information between the involved
individuals while retaining the necessary hierarchy for efficient implementation
of strategic decisions. MAACK’s analysis shows that there is strong mutual interest
between producers and processors of berry fruits to reduce marketing and
procurement risk, respectively. This can be achieved by switching from spot
market exchange to contractual supply agreements. A prerequisite for such agreements is that a well-balanced distribution of risks and risk premiums between
the farmer and processor is implemented. This means that processors, who – facing
a multitude of small producers – are used to opportunities for exerting market
power, have to agree to cover part of the production risk through appropriate
contractual clauses. Finally, BALINT looks at the various marketing channels
used by Romanian farmers and finds that a self-enforcing dualism exists. For
commercially-oriented farmers who can supply large quantities, marketing directly
to traders, wholesalers and processors is most favourable and involves
relatively low transaction costs. Although this form of supply-relationship is
usually not based on contractual agreements, it can still be characterised by a
certain stability over time. In contrast, small farmers whose production does not
considerably exceed the subsistence level incur relatively high (per unit) transaction
costs in selling their produce on local markets and to other farmers.
Another aspect of organisational choice is the question of whether ownership of
production factors is transferred or only the right to use them temporarily. The
uncertainty of future developments implies that the possession of resources cannot
be only regarded from the point of view of income generation at a certain
point in time. With perfect foresight, there is no difference whether a factor is
rented or purchased, because the remuneration would be the same. This perfect
substitutability is no longer given when the future is uncertain. Income generation,
then, is only one feature of ownership. Additional aspects such as insurance,
wealth, and speculation as motivations for possession affect the value of ownership
and thus shift the demand and supply curves of the factor. HURRELMAN picks
up this issue in her analysis of the Polish land market and shows the impact of
additional grounds for valuing property on the decision to rent or to buy land.
Uncertainty may also affect the specialization of factor use. Allocating a factor
of production to different production activities reduces the risk of income instabilities,
but at the cost of specialization gains through economics of scale.
Moreover, the decision on income combination is – besides risk – affected by a
complex interaction of other determinants. GLAUBEN et al., analyse these interactions
for the case of part-time farming in China and show how the decision of
income combination is affected by household characteristics, human capital and
other variables.
Incomplete and imperfect information not only causes individuals to choose
optimal governance modes, often it is also understood as a call for government
intervention. The selected papers in the chapter on policy intervention plead
for careful selection and coherent implementation of policy instruments. BENNER,
as well as KUHN, highlight the significance of information diffusion and argue
in favour of government intervention in this area. However, both emphasise
that these interferences should be used carefully and be adjusted to specific market
failures. Both argue that setting up information systems would improve the functioning of markets. BENNER also discusses possible negative impacts if
governments that engage in setting up and enforcing product and process standards
try, at the same time, to foster a sector like agriculture through support in
marketing. The latter activity affects the government’s (crucial) credibility in the
first activity. KUHN points to negative welfare effects and budgetary requirements
of an intervention system which is implemented to increase price stability.
Moreover, when a government intervenes in market allocation or intends to provide
rules that should facilitate the exchange on markets, it has to take into account
that the new regulation has to be implemented in a coherent manner. This
requires the various policy regulations and institutional settings to be complementary
and not cause frictions which hamper the functioning of the system.
LERMAN and SHAGAIDA highlight this aspect in their discussion of the Russian
land market, where bureaucracy and high costs for the registration of property
rights can be regarded as a major cause of the low number of land transactions.
However, since economic activities take place in a dynamic environment, the
comparative static point of view may lead to inappropriate policy formulation.
WANDEL discusses this aspect in the context of competition policy. From a comparative
static point of view, market power has to be assessed negatively because
of the distortions of resource allocation. However, monopoly profits are
an indicator of extra rents and thus provide incentives for market entry. On the
one hand, this thread may lead to special pricing schemes and/or to the accelerated
development of technological change so that a monopolist can consolidate
its market position. But it is possible, on the other hand, that market entry may
in fact happen. In this case, one would observe structural change, which would
be accompanied by an improved use of resources. This in turn means that competition
policy should not be oriented towards an optimal market structure but
towards the facilitation of market entry so that competition can discover market
opportunities and determine the optimal structure of the market.
The present volume shows the wide range of interesting and controversial topics
that are concerned when looking at co-ordination, particularly on markets in
CEE agri-food sectors. It remains a hope that the heterogeneity and dynamics of
the developments will decrease as successful constellations of framework conditions,
organisational choices and individual behaviour become more and more
obvious and widespread in the region. Conversion to sustainable, balanced patterns
might take place, but this cannot be taken for granted. However, chances
for such development are better the more stable and balanced political developments,
as well as international co-operation, become. We hope that the academic
community will contribute towards such goal
Pressure-independent enhancement of cardiac hypertrophy in natriuretic peptide receptor A–deficient mice
Mice lacking natriuretic peptide receptor A (NPRA) have marked cardiac hypertrophy and chamber dilatation disproportionate to their increased blood pressure (BP), suggesting, in support of previous in vitro data, that the NPRA system moderates the cardiac response to hypertrophic stimuli. Here, we have followed the changes in cardiac function in response to altered mechanical load on the heart of NPRA-null mice (Npr1(–/–)). Chronic treatment with either enalapril, furosemide, hydralazine, or losartan were all effective in reducing and maintaining BP at normal levels without affecting heart weight/body weight. In the reverse direction, we used transverse aortic constriction (TAC) to induce pressure overload. In the Npr1(–/–) mice, TAC resulted in a 15-fold increase in atrial natriuretic peptide (ANP) expression, a 55% increase in left ventricular weight/body weight (LV/BW), dilatation of the LV, and significant decline in cardiac function. In contrast, banded Npr1(+/+) mice showed only a threefold increase in ANP expression, an 11% increase in LV/BW, a 0.2 mm decrease in LV end diastolic dimension, and no change in fractional shortening. The activation of mitogen-activated protein kinases that occurs in response to TAC did not differ in the Npr1(+/+) and Npr1(–/–) mice. Taken together, these results suggest that the NPRA system has direct antihypertrophic actions in the heart, independent of its role in BP control