Showing 1 - 10 of 1,044
In this paper, we assess the potential for rehabilitation of comparative analysis under its new guise of benchmarking. After a brief description of comparative analysis, we discuss the deficiencies that surrounded its fall in reputation: neglect of economic principles, limited scope for action,...
Persistent link: https://www.econbiz.de/10010923374
Persistent link: https://www.econbiz.de/10011142729
the value of maize production and pig stock per one thousand capita since the beginning of the 1960s. We concluded that …, if previous trends continue, the production level of maize will increase further in the coming years, amplified by the … been taken into consideration in the market for purchase of both maize and slaughter pigs. Stochastic relationships were …
Persistent link: https://www.econbiz.de/10011249633
Freshco, a small producer and distributor of hybrid maize seed and macadamia seedlings, was one of the first private … companies to enter the Kenya seed market after its liberalization. Currently, the company produces and markets six high yielding … maize varieties that are suited for diverse agro-ecological conditions. Despite the company’s encouraging growth in the …
Persistent link: https://www.econbiz.de/10008546442
The interconnections of agriculture and energy markets have increased through the rise in the new biofuel agribusinesses and the oil–ethanol–corn linkages. The question is whether these linkages have a causal structure by which oil prices affect commodity prices and through these links,...
Persistent link: https://www.econbiz.de/10009442693
This article tests the efficiency of the hog options market and assesses the impact of the 1996 contract redesign on efficiency. We find that the hog options market is efficient, but some options yielded excess returns during the live hogs period but not during the lean hogs period. Our findings...
Persistent link: https://www.econbiz.de/10009443770
Options on agricultural futures are popular financial instruments used for agricultural price risk management and to speculate on future price movements. Poor performance of Black’s classical option pricing model has stimulated many researchers to introduce pricing models that are more...
Persistent link: https://www.econbiz.de/10009444328
We theoretically examine a farmer’s coverage demand with area and individual insurance plans as either separate or integrated options. The individual and area losses are assumed to be imperfectly and positively correlated. With actuarially fair rates, the farmer will fully insure with the...
Persistent link: https://www.econbiz.de/10009444562
The commodity bull cycle of 2006-2008 and subsequent dramatic price decline have been asource of hardship for traditional commodity market participants such as producers andmerchant/shippers. The usefulness of futures markets has been called into question, especiallygiven that some market...
Persistent link: https://www.econbiz.de/10009446392
Futures prices when combined with a basis forecast provide a reliable way to forecast cashprices. The most popular method of forecasting basis is historical moving averages. Given therecent failure of longer moving averages proposed by previous studies, this research reassessespast...
Persistent link: https://www.econbiz.de/10009446394