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Should Farmers Use Futures and Options? A Pseudo-Experimental Analysis
Hubbs, Todd; Kuethe, Todd H.; Ebel, Robert M.; … - Agricultural and Applied Economics Association - AAEA - 2012
Persistent link: https://www.econbiz.de/10010916613
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Estimation of crop yield distribution and Insurance Premium using Shrinkage Estimator: A Hierarchical Bayes and Small Area Estimation Approach
Awondo, Sebastain N.; Datta, Gauri S.; Ramirez, Octavio A. - Agricultural and Applied Economics Association - AAEA - 2012
Obtaining reliable estimates of insurance premiums is a critical step in risk sharing and risk transfer necessary to ensure solvency and continuity in crop insurance programs. Challenges encountered in the estimation include dealing with aggregation bias from using county level yield averages as...
Persistent link: https://www.econbiz.de/10010916706
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Investment and Disinvestment in Irrigation Technology – An Experimental Analysis of Farmers’ Decision Behavior –
Ihli, Hanna Julia; Maart, Syster Christin; Musshoff, Oliver - Agricultural and Applied Economics Association - AAEA - 2012
In agriculture, long-term decisions are usually made in an environment which is almost completely dynamic. For example, uncertainty arises from weather and climatic conditions. (Dis)investment in irrigation technology on farms has become more prominent over the past decade. The use of irrigation...
Persistent link: https://www.econbiz.de/10011070116
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Economic Efficiency Adjusted for Risk Preferences
Yeager, Elizabeth A.; Langemeier, Michael R. - Agricultural and Applied Economics Association - AAEA - 2012
This study investigates the impact of risk preferences on economic efficiency scores. Risk averse individuals may be less likely to adopt new technologies and have lower production levels than individuals with other risk preferences. Nonparametric techniques are used to estimate cost and revenue...
Persistent link: https://www.econbiz.de/10010881113
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Designing coordination contracts to support efficient flow-scheduling in pork chain
Niemi, Jarkko K. - Agricultural and Applied Economics Association - AAEA - 2012
Risk management and efficient, well coordinated, flow-scheduling have an increasingly important role in the competitive pork production networks. Changes in input and output prices have resulted in distortions in the Finnish pig markets during the last years. The goal of this study is to...
Persistent link: https://www.econbiz.de/10010916466
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Food Authenticity, Technology and Consumer Acceptance
Hobbs, Jill E.; McDonald, Jillian; Zhang, Jing - Agricultural and Applied Economics Association - AAEA - 2012
Traceability and authenticity issues have gained increasing prominence in food markets and create both opportunities … emerging technology with the potential to deliver traceability and authenticity assurances. A key question for the food … industry in adopting new technologies is consumer acceptance. This paper explores consumer attitudes toward traceability and …
Persistent link: https://www.econbiz.de/10010881053
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Yield Aggregation Impacts on a “Deep Loss” Systemic Risk Protection Program
Wang, Yang; Barnett, Barry J.; Coble, Keith H.; Harri, … - Agricultural and Applied Economics Association - AAEA - 2012
Persistent link: https://www.econbiz.de/10011070086
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Hedgers’ Participation in Futures Markets Under Varying Price Regimes
Sanders, Daniel J.; Baker, Timothy G. - Agricultural and Applied Economics Association - AAEA - 2012
Futures markets provide an important outlet for commercial traders to hedge their price risk; in turn, hedgers‟ connections to the physical market provide a foundation of market fundamentals to the futures markets. Participation by hedgers in the futures markets is important for both entities,...
Persistent link: https://www.econbiz.de/10011070095
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More than Mean Effects: Modeling the Effect of Climate on the Higher Order Moments of Crop Yields
Tack, Jesse B.; Harri, Ardian; Coble, Keith H. - Agricultural and Applied Economics Association - AAEA - 2012
The objective of this article is to propose the use of moment functions and maximum entropy techniques as a flexible way to estimate conditional crop yield distributions. We present a moment based model that extends previous approaches in several dimensions, and can be easily estimated using...
Persistent link: https://www.econbiz.de/10010916419
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Survival of the Fittest: Explaining Export Duration and Export Failure in the U.S. Fresh Fruit and Vegetable Market
Rudi, Jeta; Grant, Jason H.; Peterson, Everett B. - Agricultural and Applied Economics Association - AAEA - 2012
This study investigates the factors that impact the duration of trade relationships in U.S. fresh fruit and vegetable imports. We employ both the survival analysis (KM estimates and Cox PH model) as well as a count data model. The preliminary results indicate that SPS treatment requirements...
Persistent link: https://www.econbiz.de/10010916452