A bemutatott egyszerű módszer alapján kidolgozásra kerülő, kockázatalapú ellenőrzési rendszer jól szolgálja a tulajdonosok érdekeit: • Ha a gazdálkodó vállalkozás - rövid távú érdekeit, amely elsősorban a nyereség növelésének igényében, és - a hosszú távú...

A risk management model based on portfolio theory, which accounts jointly for price, quanitity, interest rate, and exchange rate risks, is developed and applied to cocoa and coffee production and exports in the Ivory Coast. Using commodity and financial futures marlets jointly, the results show...

Sudan's irrigated subsector is the largest in sub-Saharan Africa. Farming is practised under a scheme-mandated rotation with highly centralized decision making. Under this system, labour is the major input for which the tenant has allocation flexibility both during the season and across the...

This paper uses conditional quantile regression to analyze the effects of genetically modified (GM) seed technology and management on production risk in agriculture, with an application to the distribution of corn yield in Wisconsin. Using the certainty equivalent (CE) as a welfare measure, our...

This paper studies the role of speculators in explaining agricultural commodity price movements. The spikes in global agricultural commodity prices in 2007-2008 and 2010 2011 have opened a debate on the contribution of speculation to recent food price volatility. Most academic literature does...