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Food manufacturing and processing is an important link between agricultural producers and consumers in the agricultural supply chain. The food manufacturing sector in the United States is both increasingly mechanized and increasingly concentrated. Consequently, labor risks in food manufacturing...
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The federal crop insurance program covered more than 110 billion dollars in total liability in 2018. The program consists of policies across a wide range of crops, plans, and locations. Weather and other latent variables induce dependence among components of the portfolio. Computing...
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The federal crop insurance program covered more than 110 billion dollars in total liability in 2018. The program consists of policies across a wide range of crops, plans, and locations. Weather and other latent variables induce dependence among components of the portfolio. Computing...
Persistent link: https://www.econbiz.de/10012022159
The material contained herein is supplementary to the article named in the title and published in the American Journal of Agricultural Economics.
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This study uses an agricultural household model to examine the tradeoff between farm profitability and a household head’s desire for market work. The theoretical analysis is a comparative statics analysis relative to the two variables. Results show that the tradeoff can arise for...
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