Showing 1 - 10 of 37
This paper employs the production function-based method proposed by Just and Pope (1978, 1979) to explicitly analyze production risk in the context of Chinese grain farming and climate change, and test for a potential endogeneity of climate factors in Chinese grain production. Our results...
Persistent link: https://www.econbiz.de/10009020489
Revenue Insurance (GRIP), Whole Farm Income Insurance, the Canadian Agricultural Income Stabilization program, and its … whole farm insurance in a farm optimization model. The results indicate that farmers will alter farm plans significantly in … response to the type of insurance offered and the level of subsidy. Farmers will take on production risks that they would not …
Persistent link: https://www.econbiz.de/10009020490
the animal stock, price movements and uncertainty related to the duration of the trade ban. Results suggest that losses to … strengthen. Consumers can gain from a trade ban, because options to adjust supply in the short run are limited. …
Persistent link: https://www.econbiz.de/10005483391
identify the key structural parameters; we find an own-price elasticity of short- and long-run supply of 0.32 and 0.27. An …, merging together information on registrations from the American Quarter Horse Association and price data from a large regional … horse auction. The data is used to estimate the supply of yearling Quarter Horses using biological production lags to …
Persistent link: https://www.econbiz.de/10010916386
This research identifies and quantifies the impact of biophysical and economic variables on Kansas grain supply for the … 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 …
Persistent link: https://www.econbiz.de/10010916667
Persistent link: https://www.econbiz.de/10011068664
In this article we propose a theoretical model for analyzing capital requirement in agricultural production and define excess capital thereupon. We develop a two-step method that allows endogenous regressors in the maximum likelihood estimation. The two-step procedure is also capably of...
Persistent link: https://www.econbiz.de/10005476738
Given its vast land resources and favorable water supply, the Democratic Republic of Congo's (DRC) natural agricultural …
Persistent link: https://www.econbiz.de/10004979706
Perennial crop production is inherently dynamic due to several salient physical characteristics including an establishment period of several years with low or no yields, long lives in commercial production (40 years or more), and path-dependence of yields on input use and other exogenous...
Persistent link: https://www.econbiz.de/10010881086
deemed to influence demand, supply and the agricultural land values. The estimation results show that the farmland value in …
Persistent link: https://www.econbiz.de/10010916084