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Auf Grundlage der Portfolio selection-Theorie kommt dieser Beitrag zu dem Ergebnis, dass das einzelbetriebliche Risiko …
Persistent link: https://www.econbiz.de/10009757211
Academic and practitioner research has presented strong evidence in support of the addition of commodity futures contracts to a diversified stock portfolio to enhance the risk-return characteristics of the portfolio. Moreover, it is well documented that diversification among risky assets in a...
Persistent link: https://www.econbiz.de/10013130535
Persistent link: https://www.econbiz.de/10013425774
This paper deals with the analysis of the impact of credit rationing on the farmer's economic equilibrium and the … analysis of different policy scenarios in a derived neoclassical adjustment cost framework. The theoretical model is an optimal … may significantly determine a farmer's economic equilibrium. Then the analysis of defined policy scenarios suggests that a …
Persistent link: https://www.econbiz.de/10003663077
The paper uses data of 29 provinces in China from 1983 to 1995 to estimates the effects of cultivated land, mechanical area, and market factors such as prices, natural conditions and agricultural investment on agricultural output during this period. The estimated results show that a substantial...
Persistent link: https://www.econbiz.de/10013049674
This article provides a generalization of the materials balance-based production model introduced by Coelli et al. (2007). Based on this, some new environmental efficiency (EE) measures are presented. The Coelli et al. (2007) EE measure and its extension by Rødseth (2016) produce biased...
Persistent link: https://www.econbiz.de/10012606693
first studies that employ a double bootstrap methodology for two-stage analysis in a semiparametric way. It is reported that …
Persistent link: https://www.econbiz.de/10012814364
This study evaluates linear programming (LP) and positive mathematical programming (PMP) approaches for 3,400 farm-level models implemented in the SWISSland agent-based agricultural sector model. To overcome limitations of PMP regarding the modelling of investment decisions, we further...
Persistent link: https://www.econbiz.de/10012263735
The scope of the discipline of Operations Research or Mathematical Programming is not limited to only business management sciences; its application has vastly been extended to many other fields including farming. This paper uses one of the techniques of this mathematical management tool –...
Persistent link: https://www.econbiz.de/10014107268
This article provides a generalization of the materials balance-based production model introduced by Coelli et al. (2007). Based on this, some new environmental efficiency (EE) measures are presented. The Coelli et al. (2007) EE measure and its extension by Rødseth (2016) produce biased...
Persistent link: https://www.econbiz.de/10012418909