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Replaced with revised version of poster 07/21/10.
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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/10009020946
This study uses revealed preferences of consumers to study the consumer benefits from soy milk. The study specifies and estimates structural demand and reduced form models of competition for different milk types using US supermarket scanner data. The introduction of soy milk is used to estimate...
Persistent link: https://www.econbiz.de/10005500429
This work investigates the link between constraints in agricultural credit markets and farm profitability in a developing country setting. Using data from rural Tunisia in a switching econometric model, this work directly estimates both the determinants of credit constraints and their effects on...
Persistent link: https://www.econbiz.de/10005536437
This paper uses data from dairy farmers in six U.S. states to examine farm-level factors influencing the adoption of recombinant bovine somatatropin (rBST), a productivity-enhancing hormone that is injected in cows. The results of multinomial logit estimations of rBST adoption and disadoption...
Persistent link: https://www.econbiz.de/10005460301
The potential of agricultural biotechnology to produce seed traits that reduce yield risk generates widespread excitement. Hopes are high that in an era of tightening water constraints and climate change drought tolerant (DT) crop varieties will stabilize food production and allow for greater...
Persistent link: https://www.econbiz.de/10010881182
In many West African countries, large rural multigenerational households farm common household plots as well as allocate individual plots to different family members. Multiple studies have found that women plot managers achieve lower yields than men. This work uses a unique 17-year panel dataset...
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