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Over the past decade, the increasing power and reliability of microcomputers and the development of sophisticated software designed specificallyfor use with them has led to significant changes in the way quantitative food policy analysis is conducted. These changes cover most aspects of...
Persistent link: https://www.econbiz.de/10009443361
supports these assumptions. An empirical application of the arbitrage equations providesevidence that risk aversion and …
Persistent link: https://www.econbiz.de/10009446523
Cointegration techniques are applied to a model of induced innovation based on the two-stage Constant Elasticity of Substitution (CES) production function. This approach results in direct tests of the inducement hypothesis, which are applied to agricultural data for the United Kingdom from 1953...
Persistent link: https://www.econbiz.de/10009429459
responsibility. We provide an application to US agriculture to demonstrate the approach: we show that conventional measures of …
Persistent link: https://www.econbiz.de/10009429529
changes in water use, returns to agriculture, and urban consumer surplus. Results suggest that analysis that does not …
Persistent link: https://www.econbiz.de/10009429544
To remain viable, agriculture in each location must offer returns that are competitive with those from alternative … study examines spatial relationships in agriculture's profitability over time. Results show temporal and spatial convergence … agriculture, raising policy implications. …
Persistent link: https://www.econbiz.de/10009429574
include Lower Partial Moments (LPM), Value at Risk (VaR) and Conditional Value at Risk (CVAR). Comparisons are applied to a …
Persistent link: https://www.econbiz.de/10009475661
Using a time-varying approach, this paper examines the dynamics of volatility in the real estate investment trust (REIT) sector. The results highlight the attractiveness and suitability of using GARCH based approaches in the modeling of daily REIT volatility.The paper examines the factors that...
Persistent link: https://www.econbiz.de/10009475702
Accurate forecasting of risk is the key to successful risk management techniques. Using the largest stock index futures …
Persistent link: https://www.econbiz.de/10009475703
risk preferences. SERF analysis indicates that RTWS is the system most preferred by all producers, regardless of their … level of risk aversion. NTWS is typically the second most preferred system to RTWS. Using historical annual prices for 1997 … distributions, managers with higher levels of risk aversion prefer reduced-tillage wheat-grain sorghum (RTWG) over no-tillage wheat …
Persistent link: https://www.econbiz.de/10009464007