Larsen, Ryan; W. Mjelde, James; Klinefelter, Danny; … - In: Agricultural Finance Review 73 (2013) 3, pp. 469-492
Purpose – What copulas are, their estimation, and use is illustrated using a geographical diversification example. To accomplish this, dependencies between county-level yields are calculated for non-irrigated wheat, upland cotton, and sorghum using Pearson linear correlation and Kendall's tau....
