In this paper, we assess the potential for rehabilitation of comparative analysis under its new guise of benchmarking. After a brief description of comparative analysis, we discuss the deficiencies that surrounded its fall in reputation: neglect of economic principles, limited scope for action,...

Recent trend depicts that tomatoes and tomatoes products rank 2nd most important vegetable crop in the United States after potatoes and potatoes products contributing 20 percent of total vegetable production. More-so, tomato is equally ranked 2nd in the United States in terms of production...

Wheat regression models that account for the effect of weather are developed to forecast wheat yield and quality. Spatial lag effects are included. Wheat yield, protein, and test weight level are strongly influenced by weather variables. The forecasting power of the yield and protein models was...

This article integrates fuzzy set theory in Data Envelopment Analysis (DEA) framework to compute technical efficiency scores when input and output data are imprecise. The underlying assumption in convectional DEA is that inputs and outputs data are measured with precision. However, production...

In this paper, a dynamic optimization model was developed to simulate how farm-level realized price and profitability respond to yield change which was induced by climate change. Producers' acreage response was included in the dynamic model considering crop rotation effect. In the crop rotation...

Agriculture production in the Texas High Plains is highly dependent on climate especially with the decline in water levels in the Ogallala Aquifer. There is increasing pressure on the Ogallala Aquifer as a result of an increase in population and expansion of agricultural production. The decline...

This paper examines the impact of technical efficiency on the optimal exit timing of farms in a stochastic dynamic framework. Starting from a standard real options approach, we incorporate technical efficiency via a production function and derive an optimal price trigger at which farms...

In diesem Beitrag werden zwei Modellansätze zur Integration von Risiko in die Data Envelopment Analyse (DEA) vorgestellt und exemplarisch auf ein balanciertes Panel von 278 unterschiedlich stark spezialisierten Schweinemastbetrieben angewendet. Beide Ansätze bilden das Risiko des...

International Food and Agribusiness Management Review is published quarterly by IFAMA. www.ifama.org

In the last decades, rice yields in South Asian countries grew tremendously in one hand and a noticeable yield fluctuation on the other. The objective of this study was to examine the rice yield distributions, estimate yield risks at country level, and compare risks between five countries namely...