Optimal crop choice and fertilizer applications depend on the stochastic dynamics of commodity prices, fertilizer prices, and the agronomic effects of rotation versus monoculture. The efficient decision rule accounts for real option values associated with maintaining land disposition in an...

Sheep and goat production systems in the United Arab Emirates (UAE) operate under scarce natural resource constraints. A cross-sectional survey that covered 661 mixed farms, including major sheep and goat production, was conducted in the three regions of Abu Dhabi Emirate (Al-Ain, Western Region...

Previous studies have reported significant gains from adaptive harvest strategies when future timber prices are uncertain. For the final harvest decision in even-aged stand management, the adaptive strategy typically means that a stand is harvested only when the timber price is high, whereas low...

Since the 1997 Asian financial crisis, the monetary authority of Taiwan decreased the interest rate nine times and had every intention to maintain a loose monetary policy. However, the lending amounts to the construction industry decreased much more sharply in spite of an increased monetary...

This paper examines the relationship between return predictability and REIT characteristics. We build a multifactor model based on a set of firm-specific factors that include (1) Risk factors; (2) Liquidity factors; (3) Expensiveness; (4) Profitability; and (5) Return history. Our model...

This study analyzes the impact of the Mid-Term Review (MTR) on the agricultural sector in Schleswig-Holstein, a federal state in Germany. First, a very detailed farm group linear programming model is built to quantify the effects on agricultural production and farm incomes. The production...

Plants harbor a diverse microbiome existing as bacterial populations on the leaf surface (the phyllosphere) and within plant tissues (endophytes). The composition of this microbiome has been largely unexplored in fresh produce vegetables, where studies have tended to focus on pathogen detection...

Deutschland ist der größte Milchproduzent in der EU, wobei ein Schwerpunkt der deutschen Milchproduktion in Niedersachsen liegt. Vor dem Hintergrund des Quotenausstiegs ist es für alle Teilnehmer der Wertschöpfungskette Milch von großem Interesse, wie sich die Milchproduktion in...