Showing 1 - 10 of 6,723
to estimate the marginal effect of each input on variance and skewness of yield. The results show that the presence of …
Persistent link: https://www.econbiz.de/10010913938
insurance program for corn, soybean, and wheat farmers in IL, MN, and SD. Additionally, we examine whether receiving benefits …
Persistent link: https://www.econbiz.de/10009002495
The objective of this paper is to compare the accuracy of crop insurance rating methods based on historical liability and indemnity data (similar to the procedure currently used by the Risk Management Agency) and “yield distribution” approaches. Estimated rates are compared to “true”...
Persistent link: https://www.econbiz.de/10005012581
The paper deals with the problem of modelling yield risk measures for major crop plants in Poland. Hence, in some cases the gamma distribution offers a better fit to the data than normal distribution, and in addition to linear models, generalized linear models were also used. The research was...
Persistent link: https://www.econbiz.de/10010910890
Modeling crop yield distributions has been an important topic in agricultural production and risk analysis, and nonparametric methods have gained attention for their flexibility in describing the shapes of yield density functions. In this article, we apply a nonparametric method to model joint...
Persistent link: https://www.econbiz.de/10005483457
El Nino Southern Oscillation (ENSO) teleconnections imply anomalous weather conditions around the globe, causing yield shortages, price changes, and even civil unrests. Extreme ENSO events may cause catastrophic damages to crop yields, thus amplifying downside risk for producers. This study...
Persistent link: https://www.econbiz.de/10009421065
specifically considering the impact of Bt on the mean, variance, and skewness of yields. Assessing the skewness effects of Bt … skewness effects of Bt within a damage abatement specification. Our results indicate that Bt corn do not have a statistically … significant risk-reducing (i.e., variance-reducing) or downside risk-reducing (i.e., skewness-increasing) effect, the main benefit …
Persistent link: https://www.econbiz.de/10010916699
This study investigates the impact of climate change adaptation on farm households’ downside risk exposure (e.g., risk of crop failure) in the Nile Basin of Ethiopia. The analysis relies on a moment-based specification of the stochastic production function. We estimate a simultaneous equations...
Persistent link: https://www.econbiz.de/10009322808
the period 1995-2009 to estimate the implied skewness parameter separately for each trading day. An economic explanation … is then presented for inter-year variations in implied skewness based on the theory of storage. After controlling for … skewness, as predicted by the theory of storage. Furthermore, intra-year dynamics of implied skewness reflect the fact that …
Persistent link: https://www.econbiz.de/10009020946
approach in this study. We also use the flexible moments approach of Antle (1983) to estimate skewness of yield. We estimate a … residuals of the mean function to estimate the marginal effect of each input on variance and skewness of yield. The results show … that there is not a systematic relationship between the presence of GM traits and variance and skewness of yield, and the …
Persistent link: https://www.econbiz.de/10009021442