Larsen, Ryan A.; Vedenov, Dmitry V.; Leatham, David J. - Southern Agricultural Economics Association - SAEA - 2009
As agriculture becomes more industrialized, the role of risk measures such as value-at-risk (VaR) will become more utilized. In this case it was applied to geographical diversification and also modifying the traditional VaR estimation by incorporating a copula dependence parameter into the VaR...