Showing 1 - 10 of 468
Agribusiness firms introduce new products that require agricultural production and then processing. Firms have to decide about processing capacity and assure availability of agricultural feedstock. Some of this is done in-house, and some is secured through contracts. We investigate the...
Persistent link: https://www.econbiz.de/10010918048
In this study, we formulate a stochastic dynamic framework for pest control over the growing season taking into account forecasts of weather conditions and pest infestation expectations. Using stochastic envelope theorem and stochastic comparative dynamics, we analytically show how the...
Persistent link: https://www.econbiz.de/10010881095
In this study, we formulate a stochastic dynamic framework for pest control over the growing season taking into account forecasts of weather conditions and pest infestation expectations. Using stochastic envelope theorem and stochastic comparative dynamics, we analytically show how the...
Persistent link: https://www.econbiz.de/10010881172
This paper examines the impact of transgenic technology adoption on varietal diversity. Transgenic pest-resistant varieties are hypothesized to reduce farmers’ demand for on-farm diversity through an act of substitution, as both serve as production risk reducing instruments. This adverse...
Persistent link: https://www.econbiz.de/10005060386
We focus on determining the impacts of government programs on farms technical inefficiency levels. We use Kumbhakars (2002) stochastic frontier model that accounts for both production risks and risk preferences. Our theoretical framework shows that decoupled government transfers are likely to...
Persistent link: https://www.econbiz.de/10005038946
Persistent link: https://www.econbiz.de/10010917354
We focus on determining the impacts of government programs on farms’ technical inefficiency levels. We use Kumbhakar’s stochastic frontier model that accounts for both production risks and risk preferences. Our theoretical framework shows that decoupled government transfers are likely to...
Persistent link: https://www.econbiz.de/10009398581
Sustainable agriculture is prescribed as a policy approach that maximizes economic benefits while maintaining environmental quality. It is argued that this approach is human capital-intensive and encourages new scientific developments. To attain sustainability, economic incentives for the...
Persistent link: https://www.econbiz.de/10009398796
Using a squential logit model and a mixed-effects logistic regression approach this empirical study investigates factors for the adoption of automatic milking technology (AMS) at the farm level accounting for problems of sequential sample selection and behaviour identification. The results...
Persistent link: https://www.econbiz.de/10008508943
Politicians dealing with the “"farm problem”" sometimes lament that output increases when prices go up and when prices go down. This article presents three possible theoretical explanations. In the first, farmers deplete soil (over-farm) when prices are low and imperfect capital markets...
Persistent link: https://www.econbiz.de/10005064441