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Modeling crop yield distributions has been an important topic in agricultural production and risk analysis, and nonparametric methods have gained attention for their flexibility in describing the shapes of yield density functions. In this article, we apply a nonparametric method to model joint...
Persistent link: https://www.econbiz.de/10005483457
Modelling crop yield distribution is crucial in crop insurance premium setting. The correlation between different crop yields due to rotations or systemic risks requires estimation of joint yield distribution for multiple crops. In this article, we apply a nonparametric method to estimate...
Persistent link: https://www.econbiz.de/10010760655
Biofuels, as alternative transportation fuels, are now being used globally. Taking advantage of in-state feedstock supply is an efficient way to stimulate in-state biofuel industries and the local economy. This paper uses the mean-variance model of utility maximization to estimate supply...
Persistent link: https://www.econbiz.de/10005803624
Biofuels, as alternative transportation fuels, are now being used globally. Taking advantage of in-state feedstock supply is an efficient way to stimulate in-state biofuel industries and the local economy. This paper uses several models to estimate supply equations for major biofuel feedstock...
Persistent link: https://www.econbiz.de/10005727819
Subsidized development of an in-state biofuels industry has received some political support in the state of Washington, USA. Utilizing in-state feedstock supplies could be an efficient way to stimulate biofuel industries and the local economy. In this paper we estimate supply under output price...
Persistent link: https://www.econbiz.de/10010597385
Persistent link: https://www.econbiz.de/10009020401