This paper assesses the impacts of decoupled government transfers on production decisions of a sample of Kansas farms observed from 1996 to 2001. Our model allows for risk, risk attitudes and the intertemporal investment decisions. We also allow for different adjustments of the decision...

We focus on determining the impacts of government programs on farms technical inefficiency levels. We use Kumbhakars (2002) stochastic frontier model that accounts for both production risks and risk preferences. Our theoretical framework shows that decoupled government transfers are likely to...

This paper assesses the impacts of decoupled government transfers on production decisions of a sample of Kansas farms observed from 1996 to 2001. Our model allows for risk, risk attitudes and the intertemporal investment decisions. We also allow for different adjustments of the decision...

We focus on determining the impacts of government programs on farms’ technical inefficiency levels. We use Kumbhakar’s stochastic frontier model that accounts for both production risks and risk preferences. Our theoretical framework shows that decoupled government transfers are likely to...

In this paper we simulate changes in crop land allocations made by farmers in Southern Spain due to the implementation of a flat-rate subsidy. In order to reproduce farmers' decision-making process, we first group farmers by farm size into three categories and then elicit a general utility...

Paper removed at request of authors 08/03/07.

Farming and consumers` decisions are affected by markets globalizations, products differentiation, agricultural industrialization at the retail level and new organizational forms. The linkages among farmers emerge as a viable strategy to compete in this new context. Producers must develop skills...

This article analyzes the export participation of Chilean farms and the relative importance of farm-specific and geographic characteristics in this decision. An export behavior model is estimated using data on 8,284 Chilean farms and a two-stage conditional maximum likelihood procedure. Farm...

In the Czech Republic, agricultural production is still dominated by corporate farms. Private farms have been established since the change of the political regime, but their role is not that relevant as originally anticipated. Among both groups, some have been economically more successful than...

In this paper we are investigating how production risk may influence the way a risk averse producer like a subsistence farmer chooses optimal input levels. Risk averse producers will take into account both the mean and the variance of output, and therefore we expect them to choose input levels...