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analysis uses Malawi, a country that earns most of its foreign exchange from tobacco, as a case study of export concentration … and heavy exposure to volatility. The econometric results suggest that the decline in Malawi’s gross domestic product (GDP … yield and improvements in marketing efficiency, however, can help buffer Malawi’s GDP from variability in export revenues. …
Persistent link: https://www.econbiz.de/10008546868
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
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No-till (NT) has been shown to reduce fuel, labor, and machinery costs compared to conventional-till (CT) but very few rice producers in Arkansas practice NT. The low adoption rate is most likely due to difficulties in management but also limited information on the profitability and risk of NT....
Persistent link: https://www.econbiz.de/10009446518
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
Persistent link: https://www.econbiz.de/10010880010
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
Persistent link: https://www.econbiz.de/10010888136