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,...

Risk plays a vital role in farmers' decisions on input allocations and, therefore, output supply. This paper provides empirical evidence on the estimation of production risk, risk preferences and technical inefficiency. An eight-year panel data set is used for 46 rice farmers from a...

This paper extends the definition of economies of scope to multioutput firms that face an uncertain production environment. Identification of economies of scope in this environment, however, requires separability assumptions on the technology. These identification restrictions are demonstrated...

The objective of this paper is to investigate the differences in yield production, production efficiency, and yield risk for farmers with and without off-farm work. Using a nationwide survey of Taiwanese rice farmers, we estimate a stochastic production frontier model accommodating the technical...

This paper focuses on linkage between new rice seed varieties and production risk and also factors affecting adoption of these varieties in Iran. Farm-level data were collected from a sample of 154 rice farms located in two major districts of Fars province in Southern Iran for 2001-02. The...

Production risk from live weight variation of market pigs has become a more important concern in U.S. swine production. Packers are concerned about the variation in carcass size because of the demand for standardized cuts and the use of automation in the slaughter process. Swine producers care...

This study provides empirical evidence on the effects of production risk on farm technology adoption among small holder farmers using plot-level data collected from two semi-arid districts in Kenya, Machakos, and Taita Taveta. We employed a two-stage approach to estimate a production function,...

This paper provides empirical evidence of production risk impact on sustainable land- management technology adoption, using two years of cross-sectional plot-level data collected in the Ethiopian highlands. We used a moment-based approach, which allowed a flexible representation of the...

В статье описываются достоинства применения информационных технологий в управлении производственным риском. Рассматривается метод воздействия на...

Under the Mac Sharry and Agenda 2000 reforms, direct payments comprised a significant portion of farmers’ income in the EU. Farmers had to engage in production to receive these payments but the payments were relatively risk-free and therefore risk may not have played an important role in the...