The accession of Hungary to the European Union (EU) in 2004 was expected to lead to price convergence to the EU levels. The influence of national and EU policies on Hungarian producers and consumers is important as they were facing a new situation. Consumers’ welfare depends on the constantly altering world- and common market, and political actions. The purpose of this study is to analyse welfare changes and distributional impacts on Hungarian food consumers. The paper focuses on Laspeyres index, compensating variation and elasticities of demand.
Estimating demand elasticities of mineral nitrogen fertiliser: some empirical evidence in the case of Sweden
The geopolitical developments that occurred in 2022 shook the global fertiliser market. One of the issues that the EJP SOIL...
