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The paper deals with the key issues of contemporary food system development and their economic content related to the position of agricultural enterprises. It explains, that the problem faced by the whole Europe and thus also by the Czech Republic, i.e. how to compete successfully on an...
Persistent link: https://www.econbiz.de/10005493832
After an extended process of reform the European Union has introduced direct payments to farmers which are decoupled from production decisions as a central element of its Common Agricultural Policy. They are also referred to as Single Farm Payments. In this paper we analyze the production and...
Persistent link: https://www.econbiz.de/10008456824
whether U.S. PFC and direct payment subsidies are truly decoupled from production or not by modeling the farmers' risk … attitudes in a non-structural approach and estimating the effect of decoupled payments on production by the change in risk …
Persistent link: https://www.econbiz.de/10005500468
Persistent link: https://www.econbiz.de/10012109906
Net farm income for nearly all representative farms in 2016 is projected to be higher than in 2006. Low-profit farms, which comprise 20% of the farms in the study, may not have financial resiliency to survive without off-farm income. Commodity prices and yields are projected to increase slightly...
Persistent link: https://www.econbiz.de/10005806337
baseline scenario, the behavior of the profitability indicators: NPV, IRR, RSI, ID, RB/C and PR also incorporated risk analysis … pessimistic scenario, the project remains profitable. The risk analysis indicated a higher than average probability of 80% that …
Persistent link: https://www.econbiz.de/10011250410
This study compares farm operators’ risk perceptions and actual realization of risk attitudes revealed through off … that risk loving farmers are more likely to employ risk management strategies. …
Persistent link: https://www.econbiz.de/10008922650
by meeting specific market demands while assessing the reasonable risk associated with bio-energy production for an area …, reducing the production risk and enhancing the competitiveness of bio-energy products. Gasifying biomass is a feasible way to … key components for dealing the risk and commercializing bio-energy products in long term. …
Persistent link: https://www.econbiz.de/10009020245
In order to more fully study the risks and uncertainty involved in cellulosic ethanol production, we examine a simulated plant in South Louisiana using Real Options Analysis
Persistent link: https://www.econbiz.de/10009020915
sharing is risk-reducing in most cases. The gains to both parties are lowest when harvesting periods overlap. While the value …
Persistent link: https://www.econbiz.de/10009132461