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Hog Insurance Adoption and Suppliers' Discrimination: A Bivariate Probit Model with Partial Observability

Cao, Ying; Zhang, Yuehua - 2011

This paper explores the factors that impact insurance choices. Specially designed survey questions allow one to fully observe the demand tendency by the farmers and partially observe the supply tendency by the insurance company. A joint estimation of insurance decision by both supply and demand...

Persistent link: https://www.econbiz.de/10009446329

MODELLING THE DYNAMICS OF PRODUCTION ADJUSTMENT TO SHORT-TERM MARKET SHOCKS

Niemi, Jarkko K.; Lehtonen, Heikki - 2008

Models of agricultural economics typically operate at an annual basis or in a static equilibriumframework where inputs, outputs and their prices may change considerably. Production dynamics,however, imply that models relying on spatial and temporal aggregation do not capture the effects...

Persistent link: https://www.econbiz.de/10009443254

Dynamic Price Relationships in the Grain and Cattle Markets, Pre and Post-Ethanol Mandate

Tejeda, Hernan A.; Goodwin, Barry K. - 2011

This paper determines the dynamic interaction between prices of corn, soybean, grain sorghum (milo), wheat, feeder cattle and live (fed) cattle by taking into account the surge in corn consumption stemming from the boost of mandated ethanol production. Corn is a major carbohydrate-feed component...

Persistent link: https://www.econbiz.de/10009444345

Understanding Spatial Welfare Impacts of a Grain Ethanol Plant

Van Wart, Justin; Perrin, Richard K. - 2009

A changing world of increasing complexity, fluctuating prices, high energy costs and limited data necessitate creative blending of economic theory and available empirical statistics to understand the welfare impacts in a specific market. In this paper, a programming approach is used in tandem...

Persistent link: https://www.econbiz.de/10009444790

ANÁLISE DA VOLATILIDADE DOS PREÇOS DE BOI GORDO NO ESTADO DE SÃO PAULO: UMA APLICAÇÃO DOS MODELOS GARCH

Silva, Carlos Alberto Goncalves - 2008

factors determinatives, the persistence of shocks and asymmetry in the volatility, by means of the application of ARCH/GARCH … meio da aplicação dos modelos ARCH/GARCH. Os resultados empíricos mostraram reações de persistência e assimetria na … models. The empirical results had shown persistence reactions and asymmetry in the volatility, that is, the negative and …

Persistent link: https://www.econbiz.de/10009442804

RAZÃO ÓTIMA DE HEDGE PARA OS CONTRATOS FUTUROS DO BOI GORDO: UMA ANÁLISE DO MECANISMO DE CORREÇÃO DE ERROS

Zilli, Julcemar Bruno; Silva, Adriana Ferreira; Campos, … - 2008

A gestão dos resultados das atividades agropecuárias tem se tornado um constante desafio para os empresários rurais e a sua mensuração é imprescindível para o planejamento e análises de desempenho. No caso do mercado do boi gordo não tem sido diferente, principalmente, no que se refere...

Persistent link: https://www.econbiz.de/10009442749

On-farm weather risk management in suckler cow farms: A recursive discrete stochastic programming approach

Mosnier, Claire; Agabriel, J.; Lherm, M.; Reynaud, A. - 2011

Currently France wants to introduce a weather risk management framework intoits agricultural policy for livestock farming. The aim of this paper is to better understand howon-farm risk reducing strategies modify the production system and profit distribution ofFrench suckler cow enterprises. We...

Persistent link: https://www.econbiz.de/10009442832

Livestock epidemics and catastrophic risk management: State of the art and prospects on economic dynamics

Rault, Arnaud; Krebs, Stephane - 2011

The economic consequences of livestock epidemics have been long studied for purposes ofestimating the costs of the veterinary measures. In this paper, we show that this catastrophicrisk may have wide market consequences, and that the risk management systems are quitelimited to compensate long...

Persistent link: https://www.econbiz.de/10009442842

Livestock Disease Indemnity Design When Moral Hazard is Followed by Adverse Selection

Gramig, Benjamin M.; Horan, Richard D.; Wolf, Christopher A. - 2008

government, while simultaneously addressing the information asymmetry between producers and the government. We show how …

Persistent link: https://www.econbiz.de/10009443226

The Relationship Between Wildfire and Welfare

Kaval, Pamela; Loomis, John B. - 2005

We used the well-being evaluation method, a technique for measuring individual utility, to study how people in the wildland urban interface of Colorado (USA) felt about their lives before and after two wildfire scenarios. Variables such as age, family size, fire frequency, and house value were...

Persistent link: https://www.econbiz.de/10009443715