The entry price threshold in EU F&V sector: deterrence or effective barrier?

The paper investigates the effects of the entry price scheme for fresh fruit and vegetables. The analysis is conducted on the EU prices of tomatoes, lemons and apples for some of the main competing countries on the EU domestic markets: Morocco, Argentina, Turkey and China. The econometric analysis is based on testing and estimating a switching vector autoregressive model with endogenous threshold entry price level. The model shows the isolation effects and the accumulation of SIVs above the trigger entry price. This paper contributes to clarify the role played by the EPS in avoid or deter low priced imports from main EU partner Countries.Fruits and vegetables, Entry price system, trade policy, TVAR, Agricultural and Food Policy, F13, Q17, Q18,

Spatial price dynamics in the EU F&V sector: the cases of tomato and cauliflower

The paper explores the characteristics of spatial price dynamics for fresh vegetables. The analysis is carried out on selected EU prices for tomatoes and cauliflowers collected on some of the main production and consumption markets. It is based on the estimation of an time-varying threshold autoregressive econometric specification that is shown capable to underline the asymmetries in inter-Countries price transmission. The model shows that that horizontal price transmissions among net producer and net consumer markets is asymmetric and how such characteristic differs for markets closer to production areas or to consumption locations. This paper allowed to assess the average elapsing time for shocks to be transmitted among spatially separated markets, and, in particular, it shows the speed of transmission of price raises and price falls.price transmission, TVECM, vegetables, Agribusiness, Agricultural and Food Policy, Community/Rural/Urban Development, Food Consumption/Nutrition/Food Safety, Labor and Human Capital,

Agritourism flows to Italy: an analysis of determinants using the gravity model approach

Tourism represents one of the most important income sources for Italy. In recent years, apart from “traditional” destinations, tourism supply is widely changing in order to satisfy the customers “love for variety” and valorise marginal resources, then new formulas are emerging (e.g. agritourism). This work aims to elaborate and estimate an econometric model able to adequately explain the size of agritourists flows to Italy from main partner countries using the gravity model approach that has been broadly applied to the analysis of international flows. In this work, the “basic” model has been enlarged and improved with the introduction of other explicative variables. The results has allowed to confirm empirical validity of the gravity model in studying international flows of any nature. Furthermore, the estimated econometric model represents a useful analytical instrument to describe, and, eventually, predict demand of foreign visitors for agritourist vacations in Italy.Gravity Model, Agritourism, Rural tourism, Tourism flows, Research Methods/ Statistical Methods, Resource /Energy Economics and Policy,

On the Drivers of Global Grain Price Volatility : an empirical investigation

A vast number of studies examined the determinants of price volatility in agricultural markets. It is clear that the joint influence of several causes may generate market instability, but the partial contribution of different factors is still debated. We investigate how market-based drivers influence the global price volatility of three major grains: wheat, corn, barley. We adopt a Seemingly Unrelated Regression Equations model, in order to investigate potential common patterns and to control for the influence of external drivers. We compare inter-annual, intra-annual, and global volatility, to conclude on short-run and long-run dynamics of markets instability. We quantify the negative relationship linking (temporal) arbitrage and grain price volatility and conclude on the effects of supply movements on price volatility

Italian subsidised crop insurance: what the role of policy changes

Risk management in agriculture is crucial and policymakers are implementing policy reforms to foster farmers’ adoption of ex-ante risk management tools such as crop insurance: their effectiveness is the core of policy evaluations exercises. The Italian subsidised crop insurance market has been interested by major reforms in 2013 and 2015. The 2013 reform removed subsidies to the mono-risk insurance contracts, whereas the 2015 reform replaced the multi- and pluri-risks contract schemes with packages, devoted to providing coverage over different set of adversities, thus altering the framework that has been used for several years. We highlight a correlation between the first reform and a drop in the quantity of insurance purchased, and between the latter reform and an increase in the value of the purchased insurance

Crop insurance subsidies and environmental externalities: evidence from Southern Italy

Rapid environmental changes can affect agriculture by introducing additional sources of uncertainty. Conversely, policy interventions to help farmers cope with risks may have strong impacts on the environment. In this paper, we evaluate the effects of public risk management programmes, particularly subsidies on crop insurance, on fertilizer use and land allocation. We implement a mathematical programming model based on data collected from 1,092 farms in Puglia, a southern Italy region. The results show that under the current crop insurance programmes, input use is expected to increase, while the effect on production is likely to be crop-specific. The policy and environmental implications are discussed

Crop insurance subsidies and environmental externalities: evidence from Southern Italy

Rapid environmental changes can affect agriculture by introducing additional sources of uncertainty. Conversely, policy interventions to help farmers cope with risks may have strong impacts on the environment. In this paper, we evaluate the effects of public risk management programmes, particularly subsidies on crop insurance, on fertilizer use and land allocation. We implement a mathematical programming model based on data collected from 1,092 farms in Puglia, a southern Italy region. The results show that under the current crop insurance programmes, input use is expected to increase, while the effect on production is likely to be crop-specific. The policy and environmental implications are discussed

Food security composite indices: implications for policy and practice

Food security is a major topic in academic and international debates. Numerous indicators have been proposed in order to establish which countries are in need of improved food security status, but the lack of consensus as to which indicator of food insecurity is the most appropriate has motivated scholars to propose composite indexes. Building composite indexes involves multiple choices. This Viewpoint warns how discretional choices of algorithms to compute composite indexes for food security may alter the findings. By commenting on the implications that different measurement choices may have in terms of global indexes, the Viewpoint raises provocative practical and political concerns