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Reforming the Common Agricultural Policy: Decoupling Agricultural Payments from Production and Promoting the Environment

van Kooten, Gerrit Cornelis; Boere, Esther - Department of Economics, University of Victoria - 2015

on entitlements to a single farm payment (SFP). Further, we then consider a single farm payment with a greening component … develop a farm-level crop allocation model that is calibrated using positive mathematical programming. We use a two …-step calibration method to determine a nonlinear cost function and farm-specific risk aversion coefficients. Not unexpectedly, we find …

Persistent link: https://www.econbiz.de/10011252636

Financial Weather Options for Crop Production

van Kooten, Gerrit Cornelis; Sun, Baojing - Department of Economics, University of Victoria - 2014

Weather derivatives based on heating degree days or cooling degree days have been traded in financial markets for more than 10 years. Although used by the energy sector, agricultural producers have been slow to adopt this technology even though agriculture is particularly vulnerable to weather...

Persistent link: https://www.econbiz.de/10011252637

An Evaluation of the Effects of Changes in the AgriStability Program on Producers’ Crop Activities: A Farm Modeling Approach

van Kooten, Gerrit Cornelis; Liu, Xuan; Duan, Jun - Department of Economics, University of Victoria - 2015

construct farm management models for representative farms in six different Alberta regions. To incorporate risk and uncertainty … into the farm model, we assume that, instead of maximizing overall gross margin, a farmer varies her crop activities to …

Persistent link: https://www.econbiz.de/10011252638

Weather Derivatives and Crop Insurance in China

van Kooten, Gerrit Cornelis; Sun, Baojing; Guo, Changhao - Department of Economics, University of Victoria - 2013

The effectiveness of financial weather derivatives to hedge against risk in agriculture has not been well demonstrated; therefore, this risk hedging instrument has only been slowly adopted. The current study analyzes the hedging efficiency of weather index derivatives for corn production in...

Persistent link: https://www.econbiz.de/10010729024

Challenges for Less Developed Countries: Agricultural Policies in the EU and the US

van Kooten, Gerrit Cornelis; Schure, Paul; Wang, Yichuan - Department of Economics, University of Victoria - 2007

Agricultural policies adopted by developed countries are considered distortional and detrimental to less developed countries (LDCs). This paper discusses the adverse impacts on less developed countries of the agricultural support regimes of the European Union (EU) and the United States (US)....

Persistent link: https://www.econbiz.de/10005566124

Niche and Direct Marketing in the Rural-Urban Fringe: Study of the Agricultural Economy in the Shadow of a Large City

van Kooten, Gerrit Cornelis; Stobbe, Tracy; Eagle, Alison - Department of Economics, University of Victoria - 2009

land increase the costs of farming relative to farming farther removed. Yet, there is greater potential for off-farm … employment and niche marketing of farm products, providing more income options to RUF farmers. In this research, we employ a … organic farmers, we managed to elicit twenty-nine completed surveys. Annual gross farm receipts averaged almost $500 …

Persistent link: https://www.econbiz.de/10008631597