Showing 1 - 10 of 575
This article tests the efficiency of the hog options market and assesses the impact of the 1996 contract redesign on efficiency. We find that the hog options market is efficient, but some options yielded excess returns during the live hogs period but not during the lean hogs period. Our findings...
Persistent link: https://www.econbiz.de/10009443770
We theoretically examine a farmer’s coverage demand with area and individual insurance plans as either separate or integrated options. The individual and area losses are assumed to be imperfectly and positively correlated. With actuarially fair rates, the farmer will fully insure with the...
Persistent link: https://www.econbiz.de/10009444568
Includes cover page, journal info, contents page, and editorial information
Persistent link: https://www.econbiz.de/10009446503
Farmland and capital are an important and rapidly expanding component of the agriculturaleconomy, and empirical evidence suggests that these assets are quasi-fixed in that adjustment costs are incurred when holdings are altered. Increased interest in the rate of return for investing in farmland...
Persistent link: https://www.econbiz.de/10009446523
Machinery-sharing provides an alternative for smaller producers to obtain the efficiencies of large farming operations and remain competitive in an increasingly concentrated agricultural industry. This research uses a multiple case study design to examine the motivations for sharing equipment...
Persistent link: https://www.econbiz.de/10009446703
The IFAMR is published quarterly by IFAMA. www.ifama.org
Persistent link: https://www.econbiz.de/10010878888
Persistent link: https://www.econbiz.de/10010879151
Persistent link: https://www.econbiz.de/10010880010
In this paper we specify and estimate producers’ risk preference using farm data. We allow heterogeneous risk preference across individuals and propose a specification to model the heterogeneity. We base farmers’ decision making on a utility maximization framework and incorporate both market...
Persistent link: https://www.econbiz.de/10010880168
This paper investigates the effects of network based individual social capital on the access of rural households to services. In the context of development economics, an innovative data collection approach is used to determine network based social capital. The approach originates from the field...
Persistent link: https://www.econbiz.de/10010880311