The Effects of Government Policy on Bulgarian Agriculture
In: Eastern European economics: EEE, Band 32, Heft 6, S. 56-74
ISSN: 1557-9298
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In: Eastern European economics: EEE, Band 32, Heft 6, S. 56-74
ISSN: 1557-9298
In: Eastern European economics, Band 32, Heft 6, S. 56-74
ISSN: 0012-8775
World Affairs Online
The European Union's (EU) ban of hormone-treated beef products in 1989 has virtually eliminated beef exports to the EU from countries where cattle are routinely implanted with growth hormones. This study examined whether or not foreign direct investment in beef systems in Argentina and Uruguay would provide a profitable method for investors who want to export beef to the EU. The results indicate that while investment in these systems is potentially profitable, government interventions designed to keep domestic beef prices low inject considerable risk into the investment decision.
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