Lucia Baldi

Lucia Baldi
University of Milan | UNIMI · Department of Environmental Science and Policy

PhD

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33
Publications
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589
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Publications

Publications (33)
Article
Full-text available
Since global demand for aquaculture products is expected to increase dramatically in the near future, policymakers and companies are considering the adoption of insect-based feed, which is more economically viable and environmentally sustainable than fish or vegetable-based meals currently used. Nonetheless, fish farmed with insects are still perce...
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Several research efforts have tried to explain the forces driving food-related decisions. In this article, we explore how individual attitude toward the environment could be a potential determinant of green behavior. This research offers an original methodological framework never adopted in the food consumption domain that is based on the seminal c...
Article
This work measures the total economic impact, with a special focus on the agri-food sector of the Summer Jamboree, the largest international music festival of its kind taking place in a small town in central Italy mainly known for its beaches and seaside activities. The aim was to understand how and to what extent a large-scale event can bring bene...
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Climate change is threatening worldwide crop yields and varieties, and the desertification of Southern Europe and Mediterranean areas is endangering the cultivation of tomato, not only one of the most important cultivated crops, but also one of the main pillars of the global food industry. To minimize its environmental impact, current research effo...
Article
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Abstract Our paper focuses on Solidarity Purchase Group (SPG) participants located in a highly urbanized area, with the aim to investigate the main motivations underlining their participation in a SPG and provide a characterization of them. To this end, we carried out a survey of 795 participants involved in 125 SPGs in the metropolitan area of Mil...
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In this paper we analyse vertical price transmission in two typical Italian wheat chains, the pasta and bread chains, that were particularly affected by strong market fluctuations during the last years. After having split the chains into two sides, upstream (farm–wholesale) and downstream (wholesale–retail), we apply a cointegration methodology all...
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Water issues are receiving increasing attention from policy-makers and international organizations due to water scarcity and global rising demand. Given that the demand for water is mainly driven by agriculture and energy, we use a multifactor market model to analyze the impact of agriculture and energy price trends on the price of listed companies...
Article
During the past decades, various technological applications relating to an extension of the shelf life of food products have been introduced. The adoption of such technologies in the fresh-cut salad sector is a key issue for the sustainable management of the supply chain. The aim of the study is to analyse consumers’ attitude towards fresh-cut sala...
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Water, energy, and food and are strongly interconnected, and the sustainability of the whole world depends on this link. The aim of this article is to analyze the volatility spillovers between indexes representing the financial component of this nexus. We use a multivariate Generalized Autoregressive Conditional Heteroskedasticity (GARCH) model wit...
Article
ABSTRACT The Italian legal framework for the agricultural sector has recently introduced a new form of contract, the “network contract”. The aim of this study is to verify if the use of this new contract would be appropriate to facilitate the adoption and diffusion of sustainable innovation of an Italian agri-food chain and to strengthen the agricu...
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Full-text available
Aquaculture is assuming ever more importance in diminishing the pressure on wild stocks in the seas and to satisfy the demand of fish worldwide. Prices of feed used in farming fish are increasing, due to the rise in demand. Research on sustainable sources of feed was recently intensified, and insects as meal to substitute soybean and fish meals and...
Article
The recent global food crisis has caused an increase in agricultural market volatility, raising important questions on the determinants of this instability. Many studies have analyzed this issue focusing on main factors affecting price volatility, as past volatility and trends, transmission across prices, oil price volatility, export concentration,...
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In recent years, investments in commodities, via commodity futures and commodity index funds, have grown rapidly. e appeal of investing in commodities is generally attributed to the low correlation with traditional stocks, which allows for portfolio diversication benets, that is reduction of risk for any given level of expected return (Erb and Harv...
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This article investigates the long-run relationship between spot and futures prices for corn and soybean. We apply cointegration methodology, allowing for the presence of potentially unknown structural breaks and then study the causality relationships between spot and futures prices within each specific subperiod identified with the aim of analysin...
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The growing expansion of biofuel production in the European Union is a direct consequence of the political framework specifically implemented to reduce the impact of oil price rises and to achieve fuel security and environmental goals. These policies have activated a new relationship between fossil fuel and vegetable oil prices. Combining a multipl...
Article
Il tema dell'alimentazione, nei suoi aspetti relativi alla salute e all'ambiente, viene analizzato in una prospettiva di sostenibilitŕ. La relazione tra alimentazione e salute, infatti, sta acquisendo un interesse crescente dovuto sia alla diffusione dell'obesitŕ che all'attenzione per il benessere complessivo dell'individuo. L'alimentazione, inolt...
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Health and environmental aspects of food are particularly linked to the concept of sustainability. The relationship between food and health is of growing interest, both for problems related to obesity, and for the overall well being of the individual. Food also plays an important role with regard to environmental issues: sustainable supply, reduced...
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The growing expansion of European Union Emission Trading futures market and the parallel increase in the tendency of using such products also as financial instruments in the capital market outline the interest in the analysis of European Union Allowances (EUA) futures prices drivers. We applied recent developments in the threshold cointegration app...
Article
This paper investigates the long-run relationship between spot and futures prices for corn and soybeans, for the period January 2004 -September 2010. We apply cointegration methodology in the presence of potentially unknown structural breaks in the commodities prices and we then study the causality relationships between spot and futures prices with...
Article
The present paper analyses the long-run relationship between vegetable oil prices and conventional diesel prices in the EU for the period 2005–2007. We applied recent developments in the threshold cointegration approach to investigate the presence of asymmetric dynamic adjusting processes between the prices of rapeseed oil, sunflower oil, and soybe...
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EU Regulation 1924/2006 introduced a European legal framework for nutrition messages for food product labels. The study analyses consumer interest towards nutrition labelling and claims, and examines the information consumers consider important during their purchasing decisions, and the main characteristics of those consumers interested in nutritio...
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This paper analyzes the relationship between Global Wine Industry Share Price Indexes and composite stock market indexes using a Threshold Vector Error Correction Model (TVECM), aiming to investigate if investments in the wine sector play a role in determining financial risk and return to investors who include it in their portfolio. Whilst most of...
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Paper accepted after the review process for presentation at the 8th International Conference on Management in AgriFood Chains and Networks Ede-Wageningen, The Netherlands, May 28–30, 2008
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In this paper we analyse the long-run relationships between vegetable oils prices and conventional diesel price in EU during the period 2005- 2007. We utilise recent developments on threshold cointegration approach to investigate if asymmetric dynamic adjusting processes exist among rapeseed oil, sunflower oil, soybean oil and diesel prices. The re...
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The purpose of this paper is to analyse how the introduction of a voluntary traceability system affects the organisation of economic relationships throughout the Italian dairy chain. Using the theoretical framework of transaction cost economics, we assess whether traceability increases the degree of vertical co-ordination and changes the level of t...
Article
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This paper analyses voluntary traceability effects on the coordination of the food supply chain from the transaction cost perspective. The analysis concerns Italian firms and makes particular reference to the meat sector. A survey was conducted by questionnaire to assess the changes in key transaction factors and costs after the introduction of tra...
Article
Full-text available
In this work we utilise CES approach where factor ratios (mechanical power/labour and fertilizer/land) are regressed on price ratios and efficiency parameters (public and private R&D) to obtain a direct test of the induced innovation in Italian case for the period 1968-2002. Provided that inducement hypothesis implies a long run relationship an err...
Article
Colifast(R) Milk is a rapid screening test for the detection of total coliforms in milk based upon the measurement of change in fluorescence during an incubation period, due to the targeted beta-D-galactosidase activity on 4-methyl-umbelliferone-beta-D-galactoside contained in a selective growth medium. In this work, 800 samples of homogenised past...
Chapter
This study represents an empirical evaluation of the technical progress effects on the Lombardy food industry considering different sized companies. It is possible to find in industrial economic literature different evidences about the relationship between technical progress and company size. We use a sample of companies in the period 1985–91 to an...

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Project (1)
Project
Tomato is a main EU agricultural commodity, cultivated all over Europe in open and protected field and in glasshouses, representing a biological and agronomical model crop. Combined water and nutrient stress is a major problem for tomato farmers and solutions are needed to safeguard yields, while preserving the environment. TOMRES will select, among over 10,000 available accessions, rootstocks and scions tolerating combined stress, while retaining fruit quality and yield, taking advantage of innovative screening approaches. Novel traits, in particular belowground, to be exploited in breeding, will be identified. The role of selected hormones (strigolactones and brassinosteroids) will be studied to identify further resilience traits. TOMRES will test and optimize sustainable crop management strategies such as legume intercropping, precision fertilization and irrigation techniques, manipulation of symbiotic microorganisms, and the use of rootstocks more suited to water and nutrient uptake from the soil. Novel genotypes X management strategies will be developed with the goal of reducing N and P application by at least 20%, water input by 40%, while granting environmental sustainability and economic viability of the solutions proposed. Testing will be integrated with analysis of environmental (greenhouse emissions, water quality), and of socio-economic impact. Agronomical, environmental, and economical data will be processed to construction of models and of a Decision Support System.Demonstration and dissemination activities will follow the whole course of the project, and will transfer the results to different environments and other cropping systems, thus ensuring the widest impact of the gained knowledge on the EU economy.Trans-disciplinary knowledge transfer among farmers, breeders, industries, associations and scientists will be granted by a solid multi-actor approach since the planning stage.