Showing 1 - 10 of 27
, uncertainty arises from weather and climatic conditions. (Dis)investment in irrigation technology on farms has become more … choose to postpone (dis)investments that appear to be immediately profitable. We combine investment and disinvestment … investment and disinvestment behavior of farmers. In our study, we consider a simple optimal stopping (dis)investment problem in …
Persistent link: https://www.econbiz.de/10011070116
assess its effect on output as decomposed into yield and harvested acreage. Four woody-perennial crops and one field … output for several perennial crops and the field crop, but it only has a significant positive effect on yield for certain … insured crops and causes harvested acreage to expand. The positive significant effect of insurance supply on yield for several …
Persistent link: https://www.econbiz.de/10010880898
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 standard econometric estimators. Upon identification of the yield … climate and irrigation affect the shape of the yield distribution, and compare our findings to other moment based approaches …
Persistent link: https://www.econbiz.de/10010916419
We decompose yield difference relative to a reference level into components attributable to (1) efficiency difference … the contributions to yield relative to a reference unit in terms of the quadripartite decomposition finding that results … found to be negatively correlated to yield with usual finite moments regression methods. Also nonparamteric correlation …
Persistent link: https://www.econbiz.de/10010916609
period 1977- 2007. This research estimates total supply response by aggregating yield and acreage responses. Previous methods … have effectively analyzed the response of crop supply through either acreage or yield responses. However, the method … proposed in this research incorporates both yield and acreage response to various production variables through recursive …
Persistent link: https://www.econbiz.de/10010916667
Persistent link: https://www.econbiz.de/10010936834
This paper develops a stochastic model for comparing payments to U.S. corn producers of a revenue-based counter-cyclical payment (R-CCP) that is offered as an alternative in the 2007 House "Farm Bill" (H.R. 2419) to the current price-based CCP (P-CCP). We minimize the potential for...
Persistent link: https://www.econbiz.de/10005804632
This paper develops a stochastic model for estimating the probability density function of the Average Crop Revenue Election (ACRE), a revenue-based commodity support payment that is offered under the 2008 Farm Act as an alternative to the traditional suite of price-based commodity payments, that...
Persistent link: https://www.econbiz.de/10005060395
productivity improvements through a combination of yield improvements and cost reductions. Thus, this technology has had an impact …
Persistent link: https://www.econbiz.de/10009020805
counterparts as it indicates that most of the projected yield damages are accounted during the flowering period, a relatively short … period in the crop cycle. This should open the door to more advanced yield models that account for additional possibilities …
Persistent link: https://www.econbiz.de/10009021138