Dr Philip Kostov
Senior lecturer
Accounting and Finance
+ 44 (0) 1772 894542 pkostov@uclan.ac.uk Greenbank building room 132
Educational and Professional Background
Educated at the University of National and World Economy, Sofia, Bulgaria and Newcastle University, Philip Kostov worked as a Senior Researcher in the Policy Analysis Unit at the Bulgarian Ministry of Agriculture and as a Research Fellow in Queen’s University Belfast.
He joined Lancashire Business School in 2007 as Senior Lecturer in International Finance and Investment.
Current Teaching Activities
Currently teaching at undergraduate and postgraduate level in International Finance. Also supervising dissertations on postgraduate programmes.
Research
Current Research Projects
Market segmentation in hedonic models.
Model choice in non-parametric analysis
Completed Research Projects (Since 2001, Starting With The Most Recent)
Impact analysis of the Common Agricultural Policy reform on main agricultural commodities, J05/03/2005, EC DG JRC –IPTS. (2005-2007)
EU Sixth Framework, "AG-MEMOD 2020 – Agricultural Member State Modelling for the EU and Eastern European countries " (2005-2007)
DARDNI FAPRI “Analysing agriculture in the UK” (2004-2007)
DARDNI FAPRI “Analysing agriculture in NI” (2001-2004)
EU Fifth Framework, QLK5-CT-2000-00473 “AG-MEMOD - Agricultural sector in the Member states and EU: Econometric Modelling for Projections and Analysis of EU policies on Agriculture, Forestry and the Environment", Programme "Quality of Life and Management of Living Resources".(2001-2004)
Publications (Since 2001, Starting With Most Recent)
•Journals
Patton, M., P. Kostov, S. McErlean and J. Moss (2008, forthcoming) Assessing the Influence of Coupled and Decoupled Direct Payments on the Rental Value of Agricultural Land, Food Policy.
Kostov, P. M. Patton and S. McErlean (2008) Non-parametric Analysis of the Influence of Buyers’ Characteristics and Personal Relationships on Agricultural Land Prices, Agribusiness, 24(2), 161-176.
Kostov, P. and S. McErlean (2006) Using the Mixtures-of-Distributions technique for the classification of farms into representative farms, Agricultural Systems, 88 (2-3): 528-537.
Kostov, P. and J. Lingard (2004) Subsistence Agriculture in Transition Economies: its Roles and Determinants, Journal of Agricultural Economics, 55 (3): 565-579.
Kostov, P. and S. McErlean (2004) Agricultural Price Volatility Spill-over Effects: A Comment, European Review of Agricultural Economics, 31 (3): 481-485.
Kostov, P. and J. Lingard (2003) Risk management: a general framework for rural development, Journal of Rural Studies, 19 (4): 463-476.
Kostov, P. and J. Lingard (2002) Subsistence Farming in Transitional Economies: Lessons from Bulgaria, Journal of Rural Studies, 18(1): 83-94.
Moss, J., J. Binfield, M. Patton, P. Kostov, L. Zhang and P. Westhoff (2006) The Impact of Trade Liberalisation on Agriculture in the UK, Euro Choices, 5 (2), 28-29.
Moss, J., M. Patton, P. Kostov, L. Zhang, and J. Binfield (2006) Impact of the elimination of export subsidies on Northern Ireland agriculture, Economic Outlook & Business Review, 21.1: 29-31.
Moss, J., S. McErlean, M. Patton, P. Kostov, P. Westhoff and J. Binfield (2003) The impact of Decoupling on UK agriculture, Euro Choices, 2 (2), 24-25.
•Chapters in edited books
Kostov, P (2009, forthcoming) A new approach to modelling UK milk production under quota restriction, In F. Columbus(ed.) Dairy Farming: Management, Technology, and Environment, Nova Science Publishers.
Kostov, P., M. Patton, S. McErlean and J. Moss (2009, forthcoming) Does Gibrat’s law hold amongst dairy farmers in Northern Ireland?, In: Columbus, F. (ed.) Agricultural Systems: Economics, Technology, and Diversity, Nova Science Publishers.
Kostov, P. and J. Lingard (2009, forthcoming) Disentangling the social and economic dimensions of agricultural behaviour: what role for institutions and social capital?, In: Columbus, F. (ed.) Agricultural Systems: Economics, Technology, and Diversity, Nova Science Publishers.
Kostov, P. and J. Lingard (2008 forthcoming) Integrated Rural Development - Do we need a new approach? in Integrated Rural Development and Modern Technology, ICFAI (Institute of Chartered Financial Analysts of India) University Press.
Kostov, P., Z. Wu and S. McErlean (2006) Do Chinese Stock Markets Share Common Information Arrival Processes, Chapter 4, in J. Chen and S. Yao (eds.), Globalisation, Competition and Growth in China, RoutledgeCurzon Studies on the Chinese Economy, London: Taylor& Francis, 77-93.
Mishev, P. and P. Kostov (2003) Decision Making Pattern of Subsistence Farmers in Bulgaria, in S. Abele and K. Frohberg. (eds.) Subsistence Agriculture in Central and Eastern Europe: How to Break the Vicious Cycle, Studies on the Agricultural and Food Sector in central and Eastern Europe, vol. 22, Halle: IAMO, 71-86.
Kostov, P. & J. Lingard (2003) Sviluppo rurale integrato: e necessario un nuovo approccio?, A. Arzeni, R. Esposti, F. Sotte (a cura di) Politiche di Sviluppo Rurale tra Programmazione e Valutazione, Associazione Alessandro Bartola, Milano: Franco Angeli, 31-46.
Mishev P, N. Ivanova and P. Kostov (2002) Agricultural Policy Options Distinguishing a Subsistence Sub-sector in Bulgaria, in G. Mergos (ed.) EU Enlargement and the CAP. A Quantitative Analysis for Slovenia and Bulgaria, Kiel: Wissenschaftsverlag Vauk, 135-170.
Kostov, P. and J. Lingard (2002) Integrated Rural Development - Do we need a new approach? in A. Arzeni, R. Esposti and F. Sotte (eds.) European Policy Experiences with Rural Development, Kiel: Wissenschaftsverlag Vauk, 43-59.
•Conference Papers
Patton, M., J. Moss, P. Kostov, L. Zhang, J. Binfield and P. Westhoff (2006) Analysis of the Impact of Trade Liberalisation on Agriculture in the UK, AES annual conference, Paris, 29-31 March.
Kostov, P. and J. Lingard (2006) The Law of One Price may not hold after all, AES annual conference, Paris, 39-31 March.
Kostov, P. M. Patton, S. McErlean, J. Moss (2005) Does Gibrat’s law hold amongst dairy farmers in Northern Ireland?, EAAE 11th Congress, Copenhagen, 24-27 August.
Kostov, P. and J. Lingard (2005) Disentangling the social and economic dimensions of agricultural behaviour: what role for institutions and social capital?, 94th EAAE seminar “From households to firms with independent legal status: the spectrum of institutional units in the development of European agriculture”, Imperial College at Wye, Wye, 9-10 April.
Kostov, P. and J. Lingard (2005) Seasonally specific model of UK cereal prices, AES annual conference, University of Nottingham, Nottingham, 4-6 April.
Moss, J, J. Binfield, P.Westhoff, P. Kostov, M. Patton and L. Zhang (2005) Analysis of the Impact of the Implementation of CAP Reform on Agriculture in the UK and Subsequent Elimination of EU Export Subsidies, NI-FAPRI Project, Dept. of Agricultural and Food Economics, Queen’s University Belfast, November, AES/DEFRA joint conference “CAP Reformed?”, The Harvey Goodwin Conference Suite, Church House, London, 12th January 2005.
Kostov, P. and J. Lingard (2004) “Regime-switching VECM analysis of UK meat consumption”, AES Annual Conference, Imperial College, London, 2-4 April.
McErlean, S., J. Moss, M. Patton, P. Kostov and C. Jack (2004) “Investigating the Determinants of Farm Growth”, AES Annual Conference, Imperial College, London, 2-4 April.
Kostov, P., Z. Wu and S. McErlean (2003) Do Chinese Stock Markets Share Common Information Arrival Processes?, 14th CEA Annual Conference, London, 14-15 April.
Wu, Z. and P. Kostov (2003) Spatial Integration in North China Corn Markets, 14th CEA Annual Conference, London, 14-15 April.
Kostov, P. and J. Lingard (2003) Risk Management, AES 77th Annual Conference, Univeristy of Plymouth, 11-14 April.
Patton, M., S. McErlean and P. Kostov (2003) Modeling the Influence of Buyer and Seller Characteristics on the Price of Agricultural Land, AES 77th Annual Conference, Univeristy of Plymouth, 11-14 April.
Moss, J., S. McEarlean, M. Patton, P. Kostov, P Westhoff and J. Binfield (2003) Analysing the Impacts of Modulation and Decoupling on UK Agriculture, AES 77th Annual Conference, Univeristy of Plymouth, 11-14 April.
Moss, J., S. McErlean, M. Patton, P.Kostov, P.Westhoff and J. Binfield (2002) Analysis of the Impact of Modulation in Northern Ireland, Rural Stakeholder Forum, First Annual Conference “Mid Term Review of the Agenda 2000 CAP Agreement, Loughry College, 4 October.
Kostov, P. and J. Lingard (2002) Risk Management - A Positive Model of Decision-Making, 79th EAAE Conference, Wageningen, Netherlands, 5-7 June.
Kostov, P. and J. Lingard (2002) On the Nature of Bulgarian Subsistence Agriculture, 2002 AES Annual Conference, Aberystwyth, UK, 8-10 April.
Kostov, P. and J. Lingard (2001) Institutional Foundations of Subsistence Agriculture in Transition Economies, 2001 AES Annual Conference, Harper Adams University College, UK, 11-13 September.
Kostov, P. and J. Lingard (2001) Integrated Rural Development - Do We Need a New Approach?, Plenary Paper 1, 73th EAAE Conference, Ancona, Italy, 28-30 June 2001, Ancona (Italy).
Mishev, P. and P. Kostov (2001) Decision Making Pattern of Subsistence Farmers in Bulgaria, 76th EAAE Conference, Halle, Germany, 6-8 May.
Research Degree Supervision (Completed And Current Since 2001)
Sabbir Patel “Assessing the impact of microinsurance on the livelihood of the poor”.
Other External Academic Activities And Roles
Course leader for the MSc in International Finance and Investment.
Reviewer for academic journals including Economic Modelling, Agricultural Economics, European Review of Agricultural Economics, Journal of Regional Studies, Journal of Rural Studies, PostCommunist Economies.
External PhD thesis evaluator (Unversity of Bologna)