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realizations. We show that the forecasts significantly affect farmer investment decisions and that these responses account for a … the main instrument, that the return to agricultural investment depends substantially on the conditions under which it is …-invest, by a factor of three, when we compare actual levels of investments to the optimal investment level that maximizes …
Persistent link: https://www.econbiz.de/10009782148
realizations. We show that the forecasts significantly affect farmer investment decisions and that these responses account for a … the main instrument, that the return to agricultural investment depends substantially on the conditions under which it is …-invest, by a factor of three, when we compare actual levels of investments to the optimal investment level that maximizes …
Persistent link: https://www.econbiz.de/10013078029
investment changes meaningfully alter ex post outcomes. In contrast, insurance, which provides no information, increases …
Persistent link: https://www.econbiz.de/10014486264
Persistent link: https://www.econbiz.de/10009790298
Persistent link: https://www.econbiz.de/10010201256
realizations. We show that the forecasts significantly affect farmer investment decisions and that these responses account for a … the main instrument, that the return to agricultural investment depends substantially on the conditions under which it is …-invest, by a factor of three, when we compare actual levels of investments to the optimal investment level that maximizes …
Persistent link: https://www.econbiz.de/10012459327
realizations. We show that the forecasts significantly affect farmer investment decisions and that these responses account for a … the main instrument, that the return to agricultural investment depends substantially on the conditions under which it is …-invest, by a factor of three, when we compare actual levels of investments to the optimal investment level that maximizes …
Persistent link: https://www.econbiz.de/10013077650
This book is about managing the task of forecasting profit. It builds a case for using multiple methods, providing … profit forecasts. All the elements that infringe on profits (costs, sales, budgeting, investment, and loan default) are …
Persistent link: https://www.econbiz.de/10013521679
We look at the effects of rainfall forecasts and realized rainfall on equilibrium agricultural wages over the course of the agricultural production cycle. We show theoretically that a forecast of good weather can lower wages in the planting stage, by lowering ex ante out-migration, and can...
Persistent link: https://www.econbiz.de/10014037775
We look at the effects of rainfall forecasts and realized rainfall on equilibrium agricultural wages over the course of the agricultural production cycle. We show theoretically that a forecast of good weather can lower wages in the planting stage, by lowering ex ante out-migration, and can...
Persistent link: https://www.econbiz.de/10010369059