Implications of trade and macroeconomic policies on the performance of the Canadian agricultural sector were analyzed using a structural econometric model. Results indicated that had Canada been more integrated with the world economy, its volume of trade would have been 3% higher than its actual...

Because relevant historical data for farms are inevitably sparse, most risk programming studies rely on few observations of uncertain crop and livestock returns. We show the instability of model solutions with few observations and discuss how to use available information to derive an appropriate...

A recent paper by Hardaker et al. (The Australian Journal of Agricultural and Resource Economics, 48, 2004a, 253) and book by Hardaker et al. (Coping with Risk in Agriculture, 2004b) describe a procedure for determining an efficient set from among a set of random alternatives. This procedure,...