$TITLE BIOLIVO. ********************************* * Set definition * *********************************

Size: px
Start display at page:

Download "$TITLE BIOLIVO. ********************************* * Set definition * *********************************"

Transcription

1 **************************** * MMMMMM M MMMM M M M M MMMM * * M M M M M M M M M M M * * MMMMM M M M M M M M M M * * M M M M M M M M M M M * * MMMMMM M MMMM MMMMMM M M MMMM * **************************** ************************** * Economic Evaluation Model for Organic Olive-Growing * * in Southern Italy * ************************** $TITLE BIOLIVO $OFFUPPER OFFLISTING OFFSYMLIST OFFUELLIST OFFSYMXREF OFFUELXREF OPTION LIMROW=0; OPTION LIMCOL=0; OPTION SYSOUT=OFF; OPTION SOLPRINT=OFF; OPTION ITERLIM=10000; OPTION DECIMALS=4; OPTION MIP=OSL; $ONTEXT The EU policy for agrochemical inputs use reduction: a comparison of current and potential policies in a rural area of Southern Italy Authors: G. Cicia, L. Cembalo, E. D'Ercole $OFFTEXT * Set definition * SETS I activities or crops /OLI, GRA, VIT, TAB, LEG, CER/ J alternative production assets /CO, BI, IN, IA1, IA2/ Z number of farms /Z1*Z45/ F no of farms bodies /F1*F10/ D decads /GENN1, FEB1*FEB3, MAR1*MAR3, APR1*APR3, MAG1, GIU1, LUG1, AGO1, SETT1*SETT3, OTT1*OTT3, NOV1*NOV3, DIC1 / L off-farm labour tipology /SPEC, GEN1/ B set for discriminting between BIO and INT /B1*B2/; * Parameters * PARAMETERS PP(J,I) RESEZ(J,I) CC(J,I) TERRADZ LANDZ(D,I,J) LABSP1Z(I,J,D) LABSP2Z(I,J,D) LABGN1Z(I,J,D) LAVSPECZ(D) LAVGEN1Z(D)

2 CORPIZ(F) TECZ(I,J) SOZ(I,J) STZ(I,J) OCZ(I) OC1Z(I) RIS(*,*,*,*) RIS2(*,*,*) AVVENT(*,*,*,*,*) CAVVZ(*,*,*) RISRLA(*,*,*) CVZ(*,*,*) PLVZ(*,*,*) ORELSP(Z,I) ORELGN(Z,I) SOLAVV(Z,L) RISRL(Z) CERTZ(J) RLAC(*,*,*); * Tables * $INCLUDE LAVDSP.TXT $INCLUDE LAVDGN.TXT $INCLUDE LGENR3.TXT $INCLUDE LSPEC3.TXT $INCLUDE LSPEC4.TXT $INCLUDE TABELLE4.TXT * Variable Definition * VARIABLES RL gross revenue or objective in italian lira RLA(I,J) farm gross revenue in italian lira X(I,J,F) variables or activities or crops in Ha S(I,J) variable for subsidy bio+int PLV(I,J) total production return in italian lira QNT(I,J) quantity produced CV(I,J) variable costs in italian lira CAVV(I,J) off farm labor cost in italian lira AVV(I,J,D,L) no of hours for off farm workers TRSPEC(D) transfer variable for specialized workers Y binary variable for CONV YY(B) variable for for BIO and INT YC(F) binary variable for farm bodies YCA1(F) binary variable for farm bodies YCA2(F) binary variable for farm bodies YCFU(F) binary variable for farm bodies IY(I) binary variable for no same crop BIO and INT together IYA1(I) IYA2(I) IYFU(I) YB YYIN YYINA1 YYINA2 SS1 SS2

3 SS3 SS4 SS5 SS6 ; POSITIVE VARIABLES X, YY, AVV, TRSPEC, RLA, CAVV; BINARY VARIABLES Y, YC, IY, IYA1, IYA2, IYFU, YCA1, YCA2, YCFU, YB, YYIN, YYINA1, SS1, SS2, SS3, SS4, SS5, SS6; **** * Equations Definition * **** EQUATIONS OBJ objective function RIC(I,J) return PV(I,J) production QUANT(I,J) quantity CVAR(I,J) variable costs BCONV discrimination between CONV and others BBIO discrimination between BIO and others BINTA1 discrimination between INTA1 and others BINTA2 discrimination between INTA2 and others BINTO CONVBIO discrimination among CONV BIO and INT BIOD(I) no same crop bio and int INTDA1(I) no same crop bio and inta1 INTDA2(I) no same crop bio and inta2 INTFULL(I) DBIOINT(I) CBIO(F) no bodies adiacent BIO and INT CINTFU(F) CINTA1(F) no bodies adiacent BIO and INTA1 CINTA2(F) no bodies adiacent BIO and INTA2 CBIONT(F) CLAV(I,J) seasonal workers variable cost LANDAV land costrain CORPIAV(F) land constrain per body LABSPECI(D) specialized labor LABGEN1(D) generical labor ORDPROD(I) SUSSO(I,J) SUCONV SUBIO SUINT SUINTA1 SUINTA2 SUCBI CONVSU BIOSUBIO BIOSUSSO ; OBJ.. RL =E= SUM((I,J), RLA(I,J)); RIC(I,J).. RLA(I,J) =E= PLV(I,J)-CV(I,J)-CAVV(I,J) + S(I,J)*SUSSIDIO(I,J) + SUM(F, X(I,J,F)*SOZ(I,J)) + SUM(F, X(I,J,F)*STZ(I,J));

4 ********BINARY VARIABLE FOR SUBSIDY 2078/92 BIO+INT SUSSO(I,J).. SUM(F, X(I,J,F)) =G= S(I,J); SUCONV.. SUM(I, S(I,"CO")) - TERRADZ*SS1 =L= 0; SUBIO.. SUM((I,F), X(I,"BI",F)) - TERRADZ*SS2 =L= 0; SUINT.. SUM(I, S(I,"IN")) - TERRADZ*SS3 =L= 0; SUINTA1.. SUM(I, S(I,"IA1")) - TERRADZ*SS5 =L= 0; SUINTA2.. SUM(I, S(I,"IA2")) - TERRADZ*SS6 =L= 0; SUCBI.. SS1 + SS2 + SS3 +SS5+SS6 =L= 1; CONVSU.. Y=E=SS1; BIOSUBIO.. SS2 =E= SS4; BIOSUSSO.. SUM(I, S(I,"BI")) - TERRADZ*SS4 =L= 0; ********END VARIABLE FOR SUBSIDY 2078/92 BIO+INT ORDPROD(I).. SUM((J,F), X(I,J,F))*OC1Z(I) =G= OCZ(I); PV(I,J).. PLV(I,J) =E= PP(J,I)*QNT(I,J); QUANT(I,J).. QNT(I,J) =E= SUM((F), X(I,J,F))*RESEZ(J,I); CVAR(I,J).. CV(I,J) =E= CC(J,I)* SUM(F, X(I,J,F)); CLAV(I,J).. LANDAV.. CAVV(I,J) =E= SUM((D,L), AVV(I,J,D,L)*CLAB(L)); TERRADZ =G= SUM((I,J,F), X(I,J,F)); CORPIAV(F).. SUM((I,J), X(I,J,F)) =L= CORPIZ(F); LABSPECI(D).. LAVSPECZ(D) =G= SUM((I,J,F), X(I,J,F)*LABSP1Z(I,J,D))+ SUM((I,J,F), X(I,J,F)*LABSP2Z(I,J,D))- SUM((I,J), AVV(I,J,D,"SPEC"))+ TRSPEC(D); LABGEN1(D).. LAVGEN1Z(D) =G= SUM((I,J,F), X(I,J,F)*LABGN1Z(I,J,D))- SUM((I,J), AVV(I,J,D,"GEN1"))- TRSPEC(D) ; ******BINARY EQUATIONS FOR DISCRIMINATING AMONG PRODUCTION ALTERNATIVES BCONV.. SUM((I,F), X(I,"CO",F)) - TERRADZ*Y =L= 0; BBIO.. SUM((I,F), X(I,"BI",F)) - TERRADZ*YY("B1") =L= 0; BINTA1.. SUM((I,F), X(I,"IA1",F)) - TERRADZ*YYINA1 =L= 0; BINTA2.. SUM((I,F), X(I,"IA2",F)) - TERRADZ*YY("B2") =L= 0; BINTO.. SUM((I,F), X(I,"IN",F)) - TERRADZ*YYIN =L= 0; CONVBIO.. Y + YYIN + YYINA1 + SUM(B, YY(B)) =L= 1; *******END DISCRIMINATION AMONG PRODUCTION ALTERNATIVES ****EQUATIONS FOR EVOIDING SAME CROP BIO AND INT AT THE SAME TIME BIOD(I).. SUM(F, X(I,"BI",F))-TERRADZ*IY(I) =L= 0; INTFULL(I).. SUM(F, X(I,"IN",F))-TERRADZ*IYFU(I) =L=0;

5 INTDA1(I).. SUM(F, X(I,"IA1",F))-TERRADZ*IYA1(I) =L= 0; INTDA2(I).. SUM(F, X(I,"IA2",F))-TERRADZ*IYA2(I) =L= 0; DBIOINT(I).. IY(I)+IYA1(I)+IYA2(I)+IYFU(I)=L=1; ****END EVOIDING SAME CROP BIO AND INT AT THE SAME TIME ******BINARY EQUATIONS FOR NO FARM BODIES ADIACENT BIO AND INT CBIO(F).. SUM((I), X(I,"BI",F)) - CORPIZ(F)*YC(F) =L= 0; CINTFU(F).. SUM((I), X(I,"IN",F)) - CORPIZ(F)*YCFU(F) =L= 0; CINTA1(F).. SUM((I), X(I,"IA1",F)) - CORPIZ(F)*YCA1(F)=L=0; CINTA2(F).. SUM((I), X(I,"IA2",F)) - CORPIZ(F)*YCA2(F)=L=0; CBIONT(F).. YC(F)+YCA1(F)+YCA2(F)+YCFU(F)=L=1; ******END NO FARM BODIES ADIACENT BIO AND INT ************* * Maximization Model Definition * ************* MODEL REDDITO /ALL/; LOOP(Z, PP(J,I)=P(Z,J,I); RESEZ(J,I)=RESE(Z,J,I); CC(J,I)=C(Z,J,I); TERRADZ=TERRAD(Z); LABSP1Z(I,J,D)=LABSPEC1(D,Z,I,J); LABSP2Z(I,J,D)=LABSPEC2(D,Z,I,J); LABGN1Z(I,J,D)=LABGN1(D,Z,I,J); LAVSPECZ(D)=LAVSPEC(Z,D); LAVGEN1Z(D)=LAVGEN1(Z,D); CORPIZ(F)=CORPI(Z,F); SOZ(I,J)=SO(Z,I,J); STZ(I,J)=ST(Z,I,J); OCZ(I)=OC(Z,I); OC1Z(I)=OC1(Z,I); SOLVE REDDITO USING MIP MAXIMIZING RL; RIS(Z,I,J,F)=X.L(I,J,F); RIS2(J,Z,I)=SUM(F, X.L(I,J,F)); RISRL(Z)=RL.L; RISRLA(Z,I,J)=RLA.L(I,J); AVVENT(Z,D,L,I,J)=AVV.L(I,J,D,L); CAVVZ(Z,I,J)=CAVV.L(I,J); CVZ(Z,I,J)=CV.L(I,J); PLVZ(Z,I,J)=PLV.L(I,J); OPTION PLVZ:2:1:2; OPTION CVZ:2:1:2; OPTION RISRLA:2:1:2; OPTION CAVVZ:2:1:2; OPTION RIS:2:2:1; OPTION RIS2:2:1:1;

6 OPTION AVVENT:2:2:3; ); DISPLAY RIS2, RISRL, RISRLA, CVZ, PLVZ, CAVVZ;

Online Gambling in Italy S&D seminar ONLINE GAMBLING European Parliament 14 November 2012

Online Gambling in Italy S&D seminar ONLINE GAMBLING European Parliament 14 November 2012 Online Gambling in Italy S&D seminar ONLINE GAMBLING European Parliament 14 November 2012 Francesco Rodano Head of Remote Gaming Billion 20 Italian Gaming Market 2003/2011 18,4 15 10 2011 8,7 6,4 5 2003

More information

TABELLA DELLE VARIAZIONI DI PORTAFOGLIO I 20 MAGGIORI ACQUISTI E VENDITE PER COMPARTO (NON SOTTOPOSTI A REVISIONE CONTABILE) (valori espressi in EUR)

TABELLA DELLE VARIAZIONI DI PORTAFOGLIO I 20 MAGGIORI ACQUISTI E VENDITE PER COMPARTO (NON SOTTOPOSTI A REVISIONE CONTABILE) (valori espressi in EUR) ACTIVE 100 FUND 24-feb-14 CHALLENGE Emerging Market Equity Fund - Classe Mediolanum L* 433.511 08-dic-14 Mediolanum Specialities SICAV - SIF Equity Income Fund* 195.839 11-nov-14 CHALLENGE North American

More information

The production cost of sheep milk in intensive and extensive breeding farms in Greece

The production cost of sheep milk in intensive and extensive breeding farms in Greece The production cost of sheep milk in intensive and extensive breeding farms in Greece Alexandra Sintori 1 and Konstantinos Tsiboukas 1 1 Agricultural University of Athens, Department of Agricultural Economics

More information

The software features GAIA

The software features GAIA Gestione Aziendale delle Imprese Agricole INEA the new accounting methodology for business management of farms The software features GAIA - Istituto Nazionale di Economia Agraria Summary Origins and choices

More information

4.4 Equations of the Form ax + b = cx + d

4.4 Equations of the Form ax + b = cx + d 4.4 Equations of the Form ax + b = cx + d We continue our study of equations in which the variable appears on both sides of the equation. Suppose we are given the equation: 3x + 4 = 5x! 6 Our first step

More information

Agricultural prices and inflation measurement

Agricultural prices and inflation measurement Gabriel Quirós Head of Division Macroeconomic Statistics European Central Bank Agricultural prices and inflation measurement Monitoring agriculture and rural planning with advanced methods Expo Milano

More information

EU Milk Margin Estimate up to 2014

EU Milk Margin Estimate up to 2014 Ref. Ares(215)2882499-9/7/215 EU Agricultural and Farm Economics Briefs No 7 June 215 EU Milk Margin Estimate up to 214 An overview of estimates of of production and gross margins of milk production in

More information

ON SOLVING THE PROGRESSIVE PARTY PROBLEM AS A MIP

ON SOLVING THE PROGRESSIVE PARTY PROBLEM AS A MIP ON SOLVING THE PROGRESSIVE PARTY PROBLEM AS A MIP ERWIN KALVELAGEN Abstract. The Progressive Party Problem [9] has long been considered a problem intractable for branch-and-bound mixed integer solvers.

More information

Mathematics. (www.tiwariacademy.com : Focus on free Education) (Chapter 5) (Complex Numbers and Quadratic Equations) (Class XI)

Mathematics. (www.tiwariacademy.com : Focus on free Education) (Chapter 5) (Complex Numbers and Quadratic Equations) (Class XI) ( : Focus on free Education) Miscellaneous Exercise on chapter 5 Question 1: Evaluate: Answer 1: 1 ( : Focus on free Education) Question 2: For any two complex numbers z1 and z2, prove that Re (z1z2) =

More information

Observatory monitoring framework indicator data sheet

Observatory monitoring framework indicator data sheet Observatory monitoring framework indicator data sheet Process: Farm Business Indicator B8: Diversification This indicator provides information about farms undertaking diversified activities. Diversified

More information

Mediobanca Group. 2015 Remuneration policy Executive Summary

Mediobanca Group. 2015 Remuneration policy Executive Summary Mediobanca Group 2015 Remuneration policy Executive Summary 28 October 2015 Executive summary All gateways met Capital and liquidity ratios enhanced as defined in the Risk Appetite Framework FY15 Positive

More information

CROP BUDGETS, ILLINOIS, 2015

CROP BUDGETS, ILLINOIS, 2015 CROP BUDGETS Department of Agricultural and Consumer Economics University of Illinois CROP BUDGETS, ILLINOIS, 2015 Department of Agricultural and Consumer Economics University of Illinois September 2015

More information

ASSIOM S RESPONSE TO CESR S CONSULTATION Transparency of corporate bond, structured finance product and credit derivatives markets.

ASSIOM S RESPONSE TO CESR S CONSULTATION Transparency of corporate bond, structured finance product and credit derivatives markets. ASSIOM S RESPONSE TO CESR S CONSULTATION Transparency of corporate bond, structured finance product and credit derivatives markets February 2009 ASSIOM, the Italian Association of Capital Markets Dealers,

More information

Percorso di Eccellenza in PROJECT MANAGEMENT. Cost estimating and estimate to completion. Ing. Locatelli Giorgio. Giorgio.locatelli@polimi.

Percorso di Eccellenza in PROJECT MANAGEMENT. Cost estimating and estimate to completion. Ing. Locatelli Giorgio. Giorgio.locatelli@polimi. Cost estimating and estimate to completion Ing. Locatelli Giorgio Giorgio.locatelli@polimi.it 0223394096 1 Cost Estimating The project s costs management evolves during the whole project life cycle and

More information

THE MARKET OF FACTORS OF PRODUCTION

THE MARKET OF FACTORS OF PRODUCTION THE MARKET OF FACTORS OF PRODUCTION The basis of the economy is the production of goods and services. Economics distinguishes between 3 factors of production which are used in the production of goods:

More information

AP Microeconomics Chapter 12 Outline

AP Microeconomics Chapter 12 Outline I. Learning Objectives In this chapter students will learn: A. The significance of resource pricing. B. How the marginal revenue productivity of a resource relates to a firm s demand for that resource.

More information

Journal of Sustainable Development in Africa (Volume 12, No.2, 2010)

Journal of Sustainable Development in Africa (Volume 12, No.2, 2010) Journal of Sustainable Development in Africa (Volume 12, No.2, 2010) ISSN: 1520-5509 Clarion University of Pennsylvania, Clarion, Pennsylvania A FARM RESOURCE ALLOCATION PROBLEM: CASE STUDY OF SMALL SCALE-

More information

VISUAL 6.1 GREAT BRITAIN S AMERICAN COLONIES

VISUAL 6.1 GREAT BRITAIN S AMERICAN COLONIES SPECIALIZATION AND TRADE IN THE THIRTEEN COLONIES LESSON 6 VISUAL 6.1 GREAT BRITAIN S AMERICAN COLONIES GREAT BRITAIN S COLONIES All colonies are rich in natural resources but short on labor. PRODUCTIVE

More information

Co-operative Banking in Trentino and in Italy

Co-operative Banking in Trentino and in Italy Co-operative Banking in Trentino and in Italy Trento, October 13 th 2009 Dott. Vincenzo Visetti Chief of Secretary TRENTINO FEDERATION OF CO-OPERATIVES Co-operative Banks System of autonomous banks Local

More information

Breakeven Analysis. Takes the user to the data input worksheet of the tool.

Breakeven Analysis. Takes the user to the data input worksheet of the tool. Breakeven Analysis This program allows the user to calculate breakeven price and yield levels and prepare projected net farm income and cash flow statements. The Breakeven Analysis program assists farm

More information

advertise to announce that a product is for sale or that a service is offered in order to encourage people to buy it or to use it

advertise to announce that a product is for sale or that a service is offered in order to encourage people to buy it or to use it Aa Acquisition process by which a company buys another company advertise to announce that a product is for sale or that a service is offered in order to encourage people to buy it or to use it advertiser

More information

MONITORING IRRIGATION SEASON - A SUPPORT TOOL FOR WATER MANAGEMENT AND SHORT-TERM ACTIONS

MONITORING IRRIGATION SEASON - A SUPPORT TOOL FOR WATER MANAGEMENT AND SHORT-TERM ACTIONS OECD WORKSHOP ON IMPROVING THE INFORMATION BASE TO BETTER GUIDE WATER RESOURCE DECISION-MAKING 4-7 May, 2010, Zaragoza MONITORING IRRIGATION SEASON - A SUPPORT TOOL FOR WATER MANAGEMENT AND SHORT-TERM

More information

University of Illinois CROP BUDGETS. Consumer Economics

University of Illinois CROP BUDGETS. Consumer Economics CROP BUDGETS Department of Agricultural and Consumer Economics University of Illinois CROP BUDGETS, ILLINOIS, 2013 Department of Agricultural and Consumer Economics University of Illinois July 2013 Introduction

More information

Chapter 27 Pricing Math. Section 27.1 Calculating Prices Section 27.2 Calculating Discounts

Chapter 27 Pricing Math. Section 27.1 Calculating Prices Section 27.2 Calculating Discounts Chapter 27 Pricing Math Section 27.1 Calculating Prices Section 27.2 Calculating Discounts Calculating Prices Key Terms gross profit maintained markup Objectives Explain how a firm s profit is related

More information

Advertising Specs for Business

Advertising Specs for Business Advertising Specs for Business Your inspiring profile 1 Verified status Start with a trusted, verified account by logging in through Twitter. A check mark appears on verified accounts The basics Choose

More information

CROP BUDGETS, ILLINOIS, 2014

CROP BUDGETS, ILLINOIS, 2014 CROP BUDGETS Department of Agricultural and Consumer Economics University of Illinois CROP BUDGETS, ILLINOIS, 2014 Department of Agricultural and Consumer Economics University of Illinois June 2014 Introduction

More information

Introduction to GAMS. Ulf Brännlund

Introduction to GAMS. Ulf Brännlund Introduction to GAMS Ulf Brännlund Optimization and Systems Theory, KTH 1 / 41 GAMS Introduction, 2010/2011 What is GAMS? GAMS: General Algebraic Modeling System High-level optimization modeling language.

More information

National Accounting Systems, Agricultural Statistics for Policy Analysis

National Accounting Systems, Agricultural Statistics for Policy Analysis National Accounting Systems, Agricultural Statistics for Policy Analysis Workshop on Measuring Sustainable Agriculture, Food Security and Poverty Alleviation for enhancing Accountability in the Post 2015

More information

Introduction to Agricultural Economics

Introduction to Agricultural Economics Introduction to Agricultural Economics Economics examines: how scarce resources are allocated. how firms maximize profits. how market competition affects firms and consumers. the limitations of markets.

More information

A Brief History of Immigration in Wisconsin

A Brief History of Immigration in Wisconsin A Brief History of Immigration in Wisconsin Presented to Western Wisconsin Rural Immigration Summit September 25, 2007 David Long & Dan Veroff e-mail: ddlong@wisc.edu Applied Population Lab University

More information

Digital Terrestrial Television in Italy: state of the art and current regulatory issues. Sarajevo, 30 March 2006

Digital Terrestrial Television in Italy: state of the art and current regulatory issues. Sarajevo, 30 March 2006 Digital Terrestrial Television in Italy: state of the art and current regulatory issues Sarajevo, 30 March 2006 1 Summary Specificity of Italian broadcasting context The regulatory model for transition

More information

CASH FLOWS OF RURAL HOUSEHOLDS: A MICRO LEVEL STUDY IN BANGLADESH

CASH FLOWS OF RURAL HOUSEHOLDS: A MICRO LEVEL STUDY IN BANGLADESH Bangladesh J. Agric. Econ., VIII, 2 (December 1985) 37-52 CASH FLOWS OF RURAL HOUSEHOLDS: A MICRO LEVEL STUDY IN BANGLADESH W. M. H. Jaim and M. Lutfor Rahman* ABSTRACT Income-expenditure and investment-disinvestment

More information

Fill-in-the-Blank Equations. Exercises

Fill-in-the-Blank Equations. Exercises Chapter 20 (5) Variable Costing for Management Analysis Study Guide Solutions 1. Variable cost of goods sold 2. Manufacturing margin 3. Income from operations 4. Contribution margin ratio Fill-in-the-Blank

More information

Evaluating the benefits of integrated rice-duck farming as organic system in Bangladesh

Evaluating the benefits of integrated rice-duck farming as organic system in Bangladesh Evaluating the benefits of integrated rice-duck farming as organic system in Bangladesh Shaikh Tanveer Hossain*, H Konagaya, T Furuno and H Sugimoto * E-mail : tanveer107@yahoo.com Fact Sheet of Bangladesh

More information

November, 26 th 2009 EU-AGRO-BIOGAS Symposium. Energy Recovery and Reduction of GHG Emission by the Coverage

November, 26 th 2009 EU-AGRO-BIOGAS Symposium. Energy Recovery and Reduction of GHG Emission by the Coverage Wels November, 26 th 2009 EU-AGRO-BIOGAS Symposium Energy Recovery and Reduction of GHG Emission by the Coverage of a Digestate Storage Tank Paolo BALSARI DEIAFA Università di Torino E-mail: paolo.balsari@unito.it

More information

Revenue and Costs for Corn, Soybeans, Wheat, and Double-Crop Soybeans, Actual for 2009 through 2015, Projected 2016

Revenue and Costs for Corn, Soybeans, Wheat, and Double-Crop Soybeans, Actual for 2009 through 2015, Projected 2016 CROP COSTS Department of Agricultural and Consumer Economics University of Illinois Revenue and Costs for Corn, Soybeans, Wheat, and Double-Crop Soybeans, Actual for 2009 through 2015, Projected 2016 Department

More information

IH 2009 Financial Results

IH 2009 Financial Results IH 2009 Financial Results Milan, 7 th August 2009 www.gasplus.it Market Environment General Brent Price 160 140 120 100 80 60 40 20 0 lug ago set ott nov dic gen feb mar apr mag giu $/bbl - 2007/2008 $/bbl

More information

The EU s Common Agricultural Policy and the WTO

The EU s Common Agricultural Policy and the WTO The EU s Common Agricultural Policy and the WTO Stephan von Cramon-Taubadel Department of Agricultural Economics and Rural Development Georg-August University Göttingen 1 Outline 1. The Common Agricultural

More information

7-2 Factoring by GCF. Warm Up Lesson Presentation Lesson Quiz. Holt McDougal Algebra 1

7-2 Factoring by GCF. Warm Up Lesson Presentation Lesson Quiz. Holt McDougal Algebra 1 7-2 Factoring by GCF Warm Up Lesson Presentation Lesson Quiz Algebra 1 Warm Up Simplify. 1. 2(w + 1) 2. 3x(x 2 4) 2w + 2 3x 3 12x Find the GCF of each pair of monomials. 3. 4h 2 and 6h 2h 4. 13p and 26p

More information

Lecture 3: National Income Accounting Reference - Chapter 5. 3) The Income Approach

Lecture 3: National Income Accounting Reference - Chapter 5. 3) The Income Approach Lecture 3: National Income Accounting Reference - Chapter 5 3) The Income Approach The income approach defines GDP in terms of the income derived or created from producing final goods and services. Net

More information

We can look at agricultural data in two general groups:

We can look at agricultural data in two general groups: The agricultural statistics series will be based on the Global Strategy to Improve Agricultural and Rural Statistics that is located in the resource section and available from the Wikipedia web page (wiki.asfoc.ibge.gov.br).

More information

ECON 103, 2008-2 ANSWERS TO HOME WORK ASSIGNMENTS

ECON 103, 2008-2 ANSWERS TO HOME WORK ASSIGNMENTS ECON 103, 2008-2 ANSWERS TO HOME WORK ASSIGNMENTS Due the Week of July 14 Chapter 11 WRITE: [2] Complete the following labour demand table for a firm that is hiring labour competitively and selling its

More information

Section II: Problem Solving (200 points) KEY

Section II: Problem Solving (200 points) KEY ARE 495U Assignment 2-10 points Create 5 or more marketing plan questions that need to be answered related to FF. 2013 North Carolina FFA Farm Business Management Career Development Event Section II: Problem

More information

Using Excel s Solver

Using Excel s Solver Using Excel s Solver Contents Page Answer Complex What-If Questions Using Microsoft Excel Solver........... 1 When to Use Solver Identifying Key Cells in Your Worksheet Solver Settings are Persistent Saving

More information

BENDERS DECOMPOSITION FOR STOCHASTIC PROGRAMMING WITH GAMS

BENDERS DECOMPOSITION FOR STOCHASTIC PROGRAMMING WITH GAMS BENDERS DECOMPOSITION FOR STOCHASTIC PROGRAMMING WITH GAMS ERWIN KALVELAGEN Abstract. This document describes an implementation of Benders Decomposition for solving two-stage Stochastic Linear Programming

More information

The Convergence of Agricultural Policy of Greece towards the Common Agricultural Policy:

The Convergence of Agricultural Policy of Greece towards the Common Agricultural Policy: The Convergence of Agricultural Policy of Greece towards the Common Agricultural Policy: Lessons for the New EU Member States Nicholas C. Baltas Professor of Economics and European Chair Jean Monnet Athens,

More information

New Entrant Panel. Discussion Paper on Talent, Skills and Mentoring. Background

New Entrant Panel. Discussion Paper on Talent, Skills and Mentoring. Background New Entrant Panel Discussion Paper on Talent, Skills and Mentoring Background At the last panel meeting it was agreed that a paper should be put together to cover what was currently available to support

More information

Credit Lectures 26 and 27

Credit Lectures 26 and 27 Lectures 26 and 27 24 and 29 April 2014 Operation of the Market may not function smoothly 1. Costly/impossible to monitor exactly what s done with loan. Consumption? Production? Risky investment? Involuntary

More information

XBRL Agri-extension in the Netherlands

XBRL Agri-extension in the Netherlands XBRL Agri-extension in the Netherlands Paris, 14 June 2012 Walter van Everdingen and Tim Verwaart XBRL: Extensible Business Reporting Language XBRL is an international standard for business reporting Aims

More information

ERP Annual Status Report (ASR) FAQ

ERP Annual Status Report (ASR) FAQ ERP Annual Status Report (ASR) FAQ Education Recognition Program (ERP) requires all recognized programs to complete an Annual Status Report during the anniversary month of their ADA Recognition. Failure

More information

Economic and environmental analysis of the introduction of legumes in livestock farming systems

Economic and environmental analysis of the introduction of legumes in livestock farming systems Aspects of Applied Biology 79, 2006 What will organic farming deliver? COR 2006 Economic and environmental analysis of the introduction of legumes in livestock farming systems By C REVEREDO GIHA, C F E

More information

13. If Y = AK 0.5 L 0.5 and A, K, and L are all 100, the marginal product of capital is: A) 50. B) 100. C) 200. D) 1,000.

13. If Y = AK 0.5 L 0.5 and A, K, and L are all 100, the marginal product of capital is: A) 50. B) 100. C) 200. D) 1,000. Name: Date: 1. In the long run, the level of national income in an economy is determined by its: A) factors of production and production function. B) real and nominal interest rate. C) government budget

More information

Hedging: To buy or sell a futures contract on a commodity exchange as a temporary substitute for an intended later transaction in the cash market.

Hedging: To buy or sell a futures contract on a commodity exchange as a temporary substitute for an intended later transaction in the cash market. Section I Learning objectives Register for Commodity Challenge and join an open game Understanding your challenge Ground rules for trading in Commodity Challenge Illustrate a simple hedge with futures

More information

.NET Standard DateTime Format Strings

.NET Standard DateTime Format Strings .NET Standard DateTime Format Strings Specifier Name Description d Short date pattern Represents a custom DateTime format string defined by the current ShortDatePattern property. D Long date pattern Represents

More information

VEER NARMAD SOUTH GUJARAT UNIVERSITY. Optional Courses

VEER NARMAD SOUTH GUJARAT UNIVERSITY. Optional Courses MASTER OF BUSINESS ADMINISTRATION (Evening) (With Effect From July 2002) Optional Courses 1. Rural & Urban Management Group ORM 501 ORM 502 ORM 503 ORM 504 ORM 505 Co-operative Management Rural Marketing

More information

Strategic Elements of Competitive Advantage. PPT 6 (First ppt slides after the mid-term) Assist. Prof. Dr. Ayşen Akyüz

Strategic Elements of Competitive Advantage. PPT 6 (First ppt slides after the mid-term) Assist. Prof. Dr. Ayşen Akyüz Strategic Elements of Competitive Advantage PPT 6 (First ppt slides after the mid-term) Assist. Prof. Dr. Ayşen Akyüz Industry Analysis: Forces Influencing Competition Industry group of firms that produce

More information

The Journal of Science Policy & Governance

The Journal of Science Policy & Governance The Journal of Science Policy & Governance POLICY MEMO: INCREASING SUSTAINABLE BIOMASS THROUGH PRODUCTION TAX CREDITS BY Ashley Paulsworth ashley0paulsworth@gmail.com Executive Summary As various tax credits

More information

Factoring and Banks. International workshop Factoring around Europe: Italy - Spain. Fausto Galmarini CEO UniCredit Factoring September 21 st 2007

Factoring and Banks. International workshop Factoring around Europe: Italy - Spain. Fausto Galmarini CEO UniCredit Factoring September 21 st 2007 Factoring and Banks International workshop Factoring around Europe: Italy - Spain Fausto Galmarini CEO UniCredit Factoring September 21 st 2007 International workshop Factoring around Europe: Italy - Spain

More information

GEN3B - GENERAL INSURANCE PRODUCTS (COMMERCIAL LINES) SYLLABUS 2009

GEN3B - GENERAL INSURANCE PRODUCTS (COMMERCIAL LINES) SYLLABUS 2009 GEN3B - GENERAL INSURANCE PRODUCTS (COMMERCIAL LINES) SYLLABUS 2009 Objective: To develop in the candidate a sound knowledge and understanding of the scope of the commercial general insurance products

More information

Growth of the Service Sector

Growth of the Service Sector 9 Growth of the Service Sector What are the economic reasons behind industrialization and postindustrialization? Everything that grows also changes its structure. Just as a growing tree constantly changes

More information

GMM HIGH YIELD BOND FUND

GMM HIGH YIELD BOND FUND GMM HIGH YIELD BOND FUND MUTUAL FUND INVESTMENTS TABLE 2015 Q2 MUTUAL FUND ASSETS LINE UP Nbr. OF ITEMS PRICE ON LAST DAY TOTAL VALUE ON OF QUARTER LAST DAY OF QUARTER I. DOMESTIC INVESTMENTS 1. CASH ASSETS

More information

PRODUCTIVITY AND COSTS First Quarter 2015, Revised

PRODUCTIVITY AND COSTS First Quarter 2015, Revised Transmission of material in this release is embargoed until USDL 15-1056 8:30 a.m. (EDT) Thursday, June 4, 2015 Technical information: (202) 691-5606 dprweb@bls.gov www.bls.gov/lpc Media contact (202)

More information

North American Agriculture: A Perspective As Indicated By U.S. Farm Financial Results

North American Agriculture: A Perspective As Indicated By U.S. Farm Financial Results North American Agriculture: A Perspective As Indicated By U.S. Farm Financial Results CAES Annual Meeting June 17-19, 212 Michael Harris Farm and Rural Business Branch USDA-Economic Research Service The

More information

GETTING STARTED IN THE MEAT GOAT BUSINESS

GETTING STARTED IN THE MEAT GOAT BUSINESS GETTING STARTED IN THE MEAT GOAT BUSINESS Bulletin I, Vol. II An Enterprise Budget For Meat Goat Producer s: Its Characteristics and Importance By Gilbert Queeley and Angela McKenzie-Jakes Extension Animal

More information

A. a change in demand. B. a change in quantity demanded. C. a change in quantity supplied. D. unit elasticity. E. a change in average variable cost.

A. a change in demand. B. a change in quantity demanded. C. a change in quantity supplied. D. unit elasticity. E. a change in average variable cost. 1. The supply of gasoline changes, causing the price of gasoline to change. The resulting movement from one point to another along the demand curve for gasoline is called A. a change in demand. B. a change

More information

GLOBALG.A.P. Risk-Assessment on Social Practice (GRASP)

GLOBALG.A.P. Risk-Assessment on Social Practice (GRASP) GLOBALG.A.P. Risk-Assessment on Social Practice (GRASP) GRASP Module Interpretation for Denmark Version 1.1, June 2014 English Version Developed by AgroManagement, Gasa Nord Grønt & DLG Food 1 Is there

More information

Cloud Services Supporting Plant Factory Production for the Next Generation of Agricultural Businesses

Cloud Services Supporting Plant Factory Production for the Next Generation of Agricultural Businesses Hitachi Review Vol. 64 (2015), No. 1 63 Featured Articles Cloud Services Supporting Plant Factory Production for the Next Generation of Agricultural Businesses Shunsuke Shimizu Norihiko Sugihara Naoki

More information

Key highlights Entertainment & Media Outlook in Italy 2015-2019

Key highlights Entertainment & Media Outlook in Italy 2015-2019 www.pwc.com/it/mediaoutlook Key highlights Entertainment & Media Outlook in Italy 2015-2019 Filmed entertainment Italy s total filmed entertainment revenue will rise at 1.0bn 4.1% 1.3bn Global total filmed

More information

Supply chain design and planning accounting for the Triple Bottom Line

Supply chain design and planning accounting for the Triple Bottom Line Krist V. Gernaey, Jakob K. Huusom and Rafiqul Gani (Eds.), 12th International Symposium on Process Systems Engineering and 25th European Symposium on Computer Aided Process Engineering. 31 May 4 June 2015,

More information

Member States Factsheets I T A L Y CONTENTS. Main figures - Year 2014 59 685 227 inhabitants Area 302 069 km 2

Member States Factsheets I T A L Y CONTENTS. Main figures - Year 2014 59 685 227 inhabitants Area 302 069 km 2 January 2015 Member States Factsheets I T A L Y CONTENTS Main figures 2014 1. KEY DATA 2. POPULATION & ECONOMY 3. FINANCIAL ASPECTS 4. ECONOMIC ACCOUNTS 5. AGRICULTURAL TRADE 6. FARM STRUCTURE 1 2 3 4-5

More information

International Accounting Standard 2 Inventories

International Accounting Standard 2 Inventories International Accounting Standard 2 Inventories Objective 1 The objective of this Standard is to prescribe the accounting treatment for inventories. A primary issue in accounting for inventories is the

More information

Res. Bult., No. (101), Res. Cent. Coll. of Agri., King Saud Univ., pp. (5-16) 2001 - 5 -

Res. Bult., No. (101), Res. Cent. Coll. of Agri., King Saud Univ., pp. (5-16) 2001 - 5 - 1422 (16-5) (101)..,,.., 40..... 34.. 123 Res. Bult., No. (101), Res. Cent. Coll. of Agri., King Saud Univ., pp. (5-16) 2001-5 - Goat Production in Oman: Management and possible Improvements A. S. Al-Marshudi

More information

Learning Module 3 Journal Entries

Learning Module 3 Journal Entries Learning Module 3 Journal Entries The Accounting Equation Balance Sheet Income Statement = + + - Assets Liabilities Owners' Equity Revenue Expenses Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Recording journal

More information

al approach of Greening

al approach of Greening Strategical al approach of Greening GREEN INDUSTRY INNOVATION GREENER CITY 30/11/2011 Royal Norwegian Embassy, Budapest János PUSKÁS S C.SC. PHD Szent István n University Strategy Quality, Level, Value

More information

EconS 301 Review Session #8 Chapter 11: Monopoly and Monopsony

EconS 301 Review Session #8 Chapter 11: Monopoly and Monopsony EconS 301 Review Session #8 Chapter 11: Monopoly and Monopsony 1. Which of the following describes a correct relation between price elasticity of demand and a monopolist s marginal revenue when inverse

More information

The Basics of Supply and Demand

The Basics of Supply and Demand 1 Demand and Supply Curves 1 14.01 Principles of Microeconomics, Fall 2007 Chia-Hui Chen September 7, 2007 Lecture 2 The Basics of Supply and Demand BUYERS = DEMAND MARKET EQUILIBRIUM SELLERS = SUPPLY

More information

From your Assets Under Management landing page you can access the Trade Set page from the Account overview page.

From your Assets Under Management landing page you can access the Trade Set page from the Account overview page. Initiating Buys, Sells and Exchanges via the Advisor Desktop From your Assets Under Management landing page you can access the Trade Set page from the Account overview page. Search for an account by using

More information

GCI = OC w + OC l + OC c <

GCI = OC w + OC l + OC c < Analysis of Competitiveness of German Agriculture based on FADN data Thünen Institute of Farm Economics GCI = FNI > = 1 OC w + OC l + OC c < Page IAFE-NRI 0 Conference Werner Kleinhanss CAP and Competitiveness

More information

The Digital Distribution Era

The Digital Distribution Era The Digital Distribution Era new patterns of film circulation and consumption Giovanni Scatassa: some important trends of the new digital platforms November 14 th 2013, Casa del Cinema 1 ITALIAN POPULATION:

More information

Repayment Capacity Sensitivity Analysis Using Purdue Farm Financial Analysis Spreadsheet

Repayment Capacity Sensitivity Analysis Using Purdue Farm Financial Analysis Spreadsheet Repayment Capacity Sensitivity Analysis Using Purdue Farm Financial Analysis Spreadsheet ABSTRACT Many agricultural producers purchased capital items the past few years and some used borrowed funds to

More information

Homework 6 Solution Section 3.2 3.3

Homework 6 Solution Section 3.2 3.3 Homework 6 Solution Section 3.2 3.3 3.2.10. Use graphical methods to solve the linear programming problem maximizing z = 10x + 8y subject to 2x + 3y 100 5x + 4y 200 x 10 0 y 20. Corner points: (10, 0),

More information

DIVTOB: Diversification for Tobacco Growing Regions in the Southern European Union

DIVTOB: Diversification for Tobacco Growing Regions in the Southern European Union TAB(08)3534 DIVTOB: Diversification for Tobacco Growing Regions in the Southern European Union Project No.: SSPE-022739 Duration: May 1, 2006 to January 31, 2008 Budget: ~ 400.000 Coordinator: Prof. Dr.

More information

WASSCE / WAEC ECONOMICS SYLLABUS

WASSCE / WAEC ECONOMICS SYLLABUS WASSCE / WAEC ECONOMICS SYLLABUS WWW.LARNEDU.COM Visit www.larnedu.com for WASSCE / WAEC syllabus on different subjects and more great stuff to help you ace the WASSCE in flying colours. PREAMBLE This

More information

Investment in agricultural mechanization in Africa

Investment in agricultural mechanization in Africa Investment in agricultural mechanization in Africa Executive summary Conclusions and recommendations of a Round Table Meeting of Experts Co-organized by: Food and Agriculture Organization of the United

More information

Farm Direct Marketing. Susan A. Kelly

Farm Direct Marketing. Susan A. Kelly Farm Direct Marketing Susan A. Kelly Objectives Learn about the different types of direct marketing for small farmers Learn the challenges and benefits of the various direct marketing strategies Learn

More information

Land Purchase Analysis

Land Purchase Analysis Land Purchase Analysis With this program, the user can evaluate the economic return on a farmland purchase and calculate a maximum bid price The maximum bid price is the purchase price that allows the

More information

Common Sense Economics Part II. Seven Major Sources of Economic Progress Practice Test Multiple Choice Questions

Common Sense Economics Part II. Seven Major Sources of Economic Progress Practice Test Multiple Choice Questions Common Sense Economics Part II. Seven Major Sources of Economic Progress Practice Test Multiple Choice Questions 1. Why is private ownership an important source of economic prosperity? a. It eliminates

More information

( ) ( ) Math 0310 Final Exam Review. # Problem Section Answer. 1. Factor completely: 2. 2. Factor completely: 3. Factor completely:

( ) ( ) Math 0310 Final Exam Review. # Problem Section Answer. 1. Factor completely: 2. 2. Factor completely: 3. Factor completely: Math 00 Final Eam Review # Problem Section Answer. Factor completely: 6y+. ( y+ ). Factor completely: y+ + y+ ( ) ( ). ( + )( y+ ). Factor completely: a b 6ay + by. ( a b)( y). Factor completely: 6. (

More information

Month Cash Sales Credit Sales September 100,000 200,000 October 125,000 180,000 November 130,000 210,000 December 135,000 190,000

Month Cash Sales Credit Sales September 100,000 200,000 October 125,000 180,000 November 130,000 210,000 December 135,000 190,000 1. A company that desires to lower its break-even point should strive to: A. decrease selling prices B. reduce variable costs C. increase fixed costs D. sell more units E. pursue more than one of the above

More information

Impact of Crop Insurance and Indemnity Payments on Cash Rent and Land Values. Michael Langemeier Center for Commercial Agriculture Purdue University

Impact of Crop Insurance and Indemnity Payments on Cash Rent and Land Values. Michael Langemeier Center for Commercial Agriculture Purdue University Impact of Crop Insurance and Indemnity Payments on Cash Rent and Land Values Michael Langemeier Center for Commercial Agriculture Purdue University Background The magnitude of the impact of crop insurance

More information

Number of bits needed to address hosts 8

Number of bits needed to address hosts 8 Advanced Subnetting Example 1: Your ISP has assigned you a Class C network address of 198.47.212.0. You have 3 networks in your company with the largest containing 134 hosts. You need to figure out if

More information

SWOT Analysis. A tool for making better business decisions. United States Department of Agriculture Risk Management Agency

SWOT Analysis. A tool for making better business decisions. United States Department of Agriculture Risk Management Agency SWOT Analysis A tool for making better business decisions United States Department of Agriculture Risk Management Agency 2 What s a SWOT analysis? A SWOT analysis is a tool that helps you evaluate the

More information

Lesson 9: Using If-Then Moves in Solving Equations

Lesson 9: Using If-Then Moves in Solving Equations Student Outcomes Students understand and use the addition, subtraction, multiplication, division, and substitution properties of equality to solve word problems leading to equations of the form pppp +

More information

Online Appendix for. Staffing Subsidies and the Quality of Care in Nursing Homes

Online Appendix for. Staffing Subsidies and the Quality of Care in Nursing Homes Online Appendix for Staffing Subsidies and the Quality of Care in Nursing Homes Andrew D. Foster Brown University Yong Suk Lee Stanford University November 30, 2014 1 This appendix presents the underlying

More information

5.4 Solving Percent Problems Using the Percent Equation

5.4 Solving Percent Problems Using the Percent Equation 5. Solving Percent Problems Using the Percent Equation In this section we will develop and use a more algebraic equation approach to solving percent equations. Recall the percent proportion from the last

More information

Mitigation of Investment Risk

Mitigation of Investment Risk 1of 37 F A O P o l i c y L e a r n i n g P r o g r a m m e Module 3: Investment and Resource Mobilization Mitigation of Investment Risk 2of 38 Mitigation of Investment Risk By Calvin Miller, Senior Officer,

More information

Percentage Change and Elasticity

Percentage Change and Elasticity ucsc supplementary notes ams/econ 11a Percentage Change and Elasticity c 2010 Yonatan Katznelson 1. Relative and percentage rates of change The derivative of a differentiable function y = fx) describes

More information

How to Fix Mail-Merge Number Formatting in Word 2010

How to Fix Mail-Merge Number Formatting in Word 2010 How to Fix Mail-Merge Number Formatting in Word 2010 By Rich Malloy, Tech Help Today, June 2012, updated Nov. 2012 When 93.90 turns into 93.90000000006, there are no less than three ways to put things

More information

Investment incentives in Bulgaria

Investment incentives in Bulgaria Investment incentives in Bulgaria Types of incentives under the current Bulgarian legislation Tax incentives Incentives under the Investment Promotion Act (IPA) Employment incentives (training and job

More information