A5088072098- Agricultural Economics and Policy
- Microfinance and Financial Inclusion
- Economics of Agriculture and Food Markets
- Economic Growth and Productivity
- Global Trade and Competitiveness
- Market Dynamics and Volatility
- Economic and Environmental Valuation
- Financial Literacy, Pension, Retirement Analysis
- Agricultural Innovations and Practices
- Rural development and sustainability
- Agricultural risk and resilience
- Spatial and Panel Data Analysis
- Housing Market and Economics
- Sustainable Development and Environmental Policy
- FinTech, Crowdfunding, Digital Finance
- Regional Economics and Spatial Analysis
- Banking stability, regulation, efficiency
- Agricultural economics and policies
- Economic theories and models
- Sustainable Agricultural Systems Analysis
- Financial Risk and Volatility Modeling
- Fiscal Policy and Economic Growth
- Genetic and phenotypic traits in livestock
- Complex Systems and Time Series Analysis
- Cooperative Studies and Economics
University of Central Lancashire
2011-2023
John Wiley & Sons (United States)
2019-2021
Linde (United States)
2019-2021
University of Kent
2012-2018
Queen's University Belfast
2003-2006
Agri Food and Biosciences Institute
2006
Newcastle University
2002
Abstract Theoretical arguments suggest that capital structure will adjust to the dynamics of corporate governance environment. In line with this prediction, we examine impact board characteristics on and speed adjustment. Using 2690 firm‐year observations for 2009–2018, find firms in a stakeholder‐oriented environment their leverage faster than those shareholder‐oriented We also influence firms' adjustment towards target leverage. Our findings are robust alternative measures endogeneity. The...
Abstract Land price studies typically employ hedonic analysis to identify the impact of land characteristics on price. Owing spatial fixity land, however, question possible dependence in agricultural prices arises. The presence can have serious consequences for model analysis. Ignoring autocorrelation lead biased estimates models. We propose using a flexible quantile regression-based estimation lag allowing varying effects and, more importantly, degrees autocorrelation. In applying this...
The presence of rationing financial services in the developing countries is a major obstacle to achieving sustainable growth. In recent years there have been co-ordinated efforts increase level inclusion, i.e. reduce supply-side constraints restricting access finance. This paper aims understand household's latent behaviour decision making accessing services, by analysing an entry Mzansi account South Africa. willingness not taken as given, but it instead defined perceptions and attitudes....
This paper discusses some beneficial effects of subsistence agriculture with emphasis on transition countries. Micro‐economic models are reviewed and a two‐stage decision model, combining risk aversion transaction costs explanations for is developed. The role addressed in static comparison to purely commercial agriculture. We argue that can play stabilising have impacts the agricultural sector when resources it employs unwanted by sector. exact conditions under which latter true analysed...
The spatial lag specification is often used in econometrics. choice of an appropriate weighting matrix important outstanding methodological problem the quantitative dependence literature. This paper proposes applying a component-wise model-boosting algorithm to deal with issue amongst predetermined set alternatives. resulting procedure computationally simple and easy implement. I present empirical application proposed methodology. Some possible extensions more general setting are discussed.
Abstract The objective of this study is to investigate the subjective determinants farmers’ participation in output markets five EU New Member States (NMS) characterised by large semi‐subsistence sectors. It employs quantile regression model market reflecting heterogeneity amongst farmers. also uses Bayesian adaptive lasso simultaneously select important covariates and estimate corresponding models. empirical results show that only two variables affect all quantiles, while their effect...
Abstract We examine the comparative efficiency of family relative to corporate farms, using FADN data for Czech Republic, Hungary, Romania and Spain. estimate a non‐parametric non‐separable farm production function, derive scores both farms. decompose into two distinct sources – organisational differences management capabilities. find evidence gains from farming, these appear increase with involvement. However, regard capabilities, farms do not compare so favourably. Furthermore, involvement...
The influence of buyer and personal relationship characteristics on agricultural land prices has received little attention in the literature. Recently, Perry Robison (2001) used a restricted nonlinear specification to model relationships implicit characteristics. In this paper more flexible alternative is proposed. An approach general selection presented. results indicate that exert nonuniform effects Our support hypothesis social capital affects terms trade market. (JEL C14)
There is very little empirical evidence supporting the claims that family farming a 'superior' form of organisation for agricultural production. This paper investigates comparative output effects labour in several EU Member States. No positive can be discerned when farms are characterised by low level technical efficiency. In case efficient farms, incremental number thresholds. The only finds limited support claimed and these materialise after considerable involvement committed.
Purpose – The purpose of this paper is to provide an additional insight into the dividend puzzle by investigating field practice policy in emerging market such as Nigeria. It also aims contribute literature on industry-related effect examining whether managerial views vary between financial and non-financial firms. Design/methodology/approach study employs semi-structured interviews with managers 21 Nigerian listed interviewees were divided two broad groups vs firms based industry...
Abstract Trade‐offs arise between spatial dependence and choice of functional form in agricultural land price hedonic models. We discuss these trade‐offs how they can create spurious dependence. Using a sales dataset with apparent dependence, we implement semiparametric approach avoiding potential problems the form. The results show that addition to being nonlinear, impacts are also characterized by significance thresholds difficult capture parametric model. More importantly, fail detect any...
Purpose – This paper aims to understand household’s latent behaviour decision-making in accessing financial services. In this analysis, the determinants of choice pre-entry Mzansi account by consumers South Africa is looked at. Design/methodology/approach study, 102 variables, grouped following categories: basic literacy, understanding terms, targets for advice, desired education and perception. Using a computationally efficient variable selection algorithm, variables that can satisfactorily...
Summary In this paper, we revisit the analysis of cross‐country convergence by combining spatial econometrics and panel quantile regressions to estimate conditional β ‐convergence models. Moreover, use both exogenous endogenous weight matrices. Our results show that indeed effects initial per capita income, investment rate, population growth human capital on rates vary considerably across estimated quantiles. Convergence is not a generalized phenomenon distribution. while using matrices does...
Abstract We investigate the impact of direct payments on agricultural commercialisation in Kosovo. Kosovo is one poorest countries Europe but, with European assistance, provides substantial funds to support agriculture, made up many small and often semi‐subsistence farms. Thus, effect this a central policy issue. Identifying market participation faces endogeneity issues arising from possible simultaneous determination programmes participation. In order achieve proper identification...
Summary Ecological farming, such as organic and low‐input is gaining popularity in the public discourse. One question how this type of farming may impact farm labour from a socio‐economic point view. The article first discusses practices (i.e. with lower reliance on inputs derived fossil fuels) affect economic returns to labour, measured farm’s revenue per hour input, data Farm Accountancy Data Network (FADN) 2004‐‐2015 for four European countries. Returns appear be highest at two extremes –...
This paper tests whether the Law of Proportionate Effects (Gibrat, 1931), which states that farms grow at a rate is independent their size, holds for dairy in Northern Ireland. Previous studies have tended to concentrate on testing law all farms. The methodology used this study permits investigation some or according size. approach avoids subjective splitting samples, tends bias results. Additionally we control possible sample selection bias. findings show Gibrat does hold except case small...
Economists and policy makers are interested in producers’ responses to policies order achieve some national or sectoral objectives, e.g., growth, employment, food security. The way producers respond depends on their production function. If do not have homogenous function, will be heterogeneous. We use the underlying functional relationship derive groupings. paper employs finite regression mixture models specify estimate farm groups with regard pre-specified relationship. proposed approach is...