Journal: European Review of Agricultural Economics

Abbreviation

Eur Rev Agric Econ

Publisher

Oxford University Press

Journal Volumes

ISSN

0165-1587
1464-3618

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Publications 1 - 10 of 31
  • Regression discontinuity designs in agricultural and environmental economics
    Item type: Journal Article
    Wüpper, David Johannes; Finger, Robert (2023)
    European Review of Agricultural Economics
    Regression discontinuity designs (RDD) are increasingly being employed in agricultural and environmental economics to identify causal effects. Here, we showcase recent applications, identify best practices, discuss commonly invoked identifying assumptions and show how these can be tested. We discuss basic empirical issues and more advanced topics, including how to exploit the availability of panel data, models to explain heterogeneous treatment effects and extrapolation of local estimates. Moreover, we show how agricultural economists can leverage RDD in combination with remote sensing and environmental modelling. Finally, we highlight three areas of emerging opportunities and draw conclusions for research and policy.
  • Digital innovations for sustainable and resilient agricultural systems
    Item type: Review Article
    Finger, Robert (2023)
    European Review of Agricultural Economics
    Digitalisation is rapidly transforming the agri-food sector. This paper investigates emerging opportunities, challenges and policy options. We show that digital innovations can contribute to more sustainable and resilient agricultural systems. For example, digital innovations enable increased productivity, reduced environmental footprints and higher resilience of farms. However, these optimistic outcomes of increasing digitalisation of the agricultural sector will not emerge on their own, but this development comes with several challenges, costs and risks, e.g. in economic, social and ethical dimensions. We provide policy recommendations to explore opportunities and avoid risks. Moreover, we discuss implications for future research in agricultural economics.
  • Consumers' responses to food fraud risks: An economic experiment
    Item type: Journal Article
    McCallum, Chloe; Cerroni, Simone; Derbyshire, Daniel; et al. (2022)
    European Review of Agricultural Economics
    This artefactual field experiment explores consumers' willingness-to-pay (WTP) price premiums for fish products to avoid the risk and uncertainty of purchasing inauthentic produce. The influence of subjective probabilistic beliefs, risk and ambiguity preferences is investigated. Participants' WTP is elicited using experimental auctions, while behavioural factors are elicited using incentivised and incentive-compatible methods: the quadratic scoring rule and multiple price lists. Results show that consumers are willing to pay a premium to avoid food fraud and purchase an authentic fish product. This premium is higher under uncertainty than risk, likely driven by ambiguity preferences which affect consumers' purchasing under uncertainty.
  • The optimal drought index for designing weather index insurance
    Item type: Journal Article
    Bucheli, Janic; Dalhaus, Tobias; Finger, Robert (2021)
    European Review of Agricultural Economics
    Climate change increases the need for better insurance solutions that enable farmers to cope with drought risks. We design weather index insurance using drought indices based on precipitation, soil moisture and evapotranspiration as underlying drought index and compare their risk-reducing potential for winter wheat producers in Eastern Germany. In general, we find that all drought indices can reduce financial risk exposure. However, the largest risk reduction can be achieved if the underlying drought index is tailored individually for each farm. This implies that insurers should offer insurance with farm-specific underlying drought index.
  • Book Reviews
    Item type: Journal Article
    Goetz, Renan U. (1995)
    European Review of Agricultural Economics
  • Does information change German consumers’ attitudes about genetically modified food?
    Item type: Journal Article
    Wüpper, David Johannes; Wree, Philipp; Ardali, Goezde (2019)
    European Review of Agricultural Economics
    We use a choice experiment to investigate attitude heterogeneity regarding genetically modified food and how it is affected by the provision of balanced information. For the analysis, we use a generalized multinomial and a latent class logit. The consumers who are more accepting of genetic modifications are younger, less educated, and less concerned about their nutrition. The average effect of our provided information is negligible. However, the initially less opposed become slightly more opposed. Our results thus do not support the view that a lack of information drives consumer attitudes. Instead, attitudes seem to mostly reflect fundamental preferences. We discuss implications for research and policy.
  • Modelling farm production decisions under an expenditure constraint
    Item type: Journal Article
    Kumbhakar, Subal C.; Bokusheva, Raushan (2009)
    European Review of Agricultural Economics
  • Heterogeneity of European farmers’ risk preferences: an individual participant data meta-analysis
    Item type: Journal Article
    Garcia, Viviana; McCallum, Chloe; Finger, Robert (2024)
    European Review of Agricultural Economics
    We present a new approach to establish an empirical overview of farmers’ risk preferences and the characteristics associated with these preferences. We rely on an Individual Participant Data Meta-analysis whereby we identify studies eliciting risk preferences through self-assessments and Holt and Laury lotteries, and construct and analyse a unique dataset of 5,157 farmers from 19 studies in 13 European countries. Our results reveal significant heterogeneity in risk preferences across elicitation methods, within and across studies, risk domains and farm and farmer characteristics. European farmers are on average risk-averse when risk preferences are elicited by lotteries, and on average risk-neutral when elicited by self-assessments. Beyond differences in the average risk aversion, there are distributional differences pointing to a limited convergence between elicitation methods and a larger explanatory power of farm and farmer characteristics to determine risk preferences elicited with self-assessments compared to lotteries.
  • An economic and environmental assessment of a glyphosate ban for the example of maize production
    Item type: Journal Article
    Böcker, Thomas; Britz, Wolfgang; Möhring, Niklas; et al. (2020)
    European Review of Agricultural Economics
    We aim to contribute to a more informed discussion of the economic and environmental effects of a glyphosate ban in European agriculture. As real-world observations of weed control under a glyphosate ban are not available, we develop a normative modelling approach based on damage abatement functions considering production risk and farmers’ risk preferences. Different sources of risk are included by incorporating uncertainty of both attainable yield level and weed pressure. Results for a case study of silage maize cultivation in 377 municipalities in North RhineWestphalia, Germany, show that a glyphosate ban causes a shift towards more mechanical weed control, but not to more pronounced use of selective herbicides. The ban slightly reduces net profits and yields, leads to a significant reduction of the overall toxicity of pesticide use, but increases energy consumption of the agricultural system. The magnitude of these effects is found to be critically dependent on output price levels and yield expectations.
Publications 1 - 10 of 31