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Australian Journal of Agricultural and Resource Economics最新文献

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Do China's Agricultural Futures Overreact to U.S. Futures Markets Returns? Evidence From Soybean and Corn Futures 中国农产品期货是否对美国期货市场的回报反应过度？大豆和玉米期货的证据
IF 2.6 3区 经济学
Australian Journal of Agricultural and Resource Economics Pub Date : 2025-02-03 DOI: 10.1111/1467-8489.12616
Tao Xiong, Wenshu Lv, Guangcheng Fang, Weiyi Xia
{"title":"Do China's Agricultural Futures Overreact to U.S. Futures Markets Returns? Evidence From Soybean and Corn Futures","authors":"Tao Xiong,&nbsp;Wenshu Lv,&nbsp;Guangcheng Fang,&nbsp;Weiyi Xia","doi":"10.1111/1467-8489.12616","DOIUrl":"https://doi.org/10.1111/1467-8489.12616","url":null,"abstract":"<div>\u0000 \u0000 <p>This study investigates the characteristics of traders' overreaction behaviour in China's soybean and corn futures markets to the overnight performance of U.S. futures markets and examines the impacts of the night trading policy on such overreaction behaviour. Our results reveal that traders in China generally overreact to U.S. markets' performance, but the overreaction diminishes when traders have enough time to calm their emotions. We also find that the introduction of night trading implemented by China's futures exchanges significantly reduces daytime overreaction because the extension of trading hours ensures that unexpected information is promptly reflected during night trading sessions. The proposed trading strategy of exploiting the overreaction generates considerable profits. However, it has not worked since the introduction of night trading, which further confirms the policy effect of night trading. Our study provides valuable guidance for futures exchanges seeking to monitor overreaction behaviour and formulate policies to target such behaviour.</p>\u0000 </div>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"69 2","pages":"453-470"},"PeriodicalIF":2.6,"publicationDate":"2025-02-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143831176","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
A re-examination of the relationship between plot size and productivity: The case of Bangladesh 重新审视地块面积与生产率之间的关系：孟加拉国的案例
IF 2.6 3区 经济学
Australian Journal of Agricultural and Resource Economics Pub Date : 2025-01-31 DOI: 10.1111/1467-8489.12613
Mohammad Raied Arman, Narayan Das, Rafia Nisat, Atiya Rahman
{"title":"A re-examination of the relationship between plot size and productivity: The case of Bangladesh","authors":"Mohammad Raied Arman,&nbsp;Narayan Das,&nbsp;Rafia Nisat,&nbsp;Atiya Rahman","doi":"10.1111/1467-8489.12613","DOIUrl":"https://doi.org/10.1111/1467-8489.12613","url":null,"abstract":"<p>Recent evidence shows that the inverse relationship between plot size and productivity is driven by an edge effect or by the over-reporting of production by farmers on smaller plots. In this paper, we re-examine the relationship between plot size and productivity in the context of Bangladesh. We also examine whether the effect of plot size is different across rice and non-rice crops. We use panel data at the household level and estimate a fixed effects model. Results show that the effect of plot size on productivity is positive but not statistically significant. Further results show that there is no statistically significant effect of plot size on productivity for both rice and non-rice crops. Our findings suggest that land redistribution, even if it leads to smaller plots, will not decrease farm production.</p>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"69 2","pages":"369-382"},"PeriodicalIF":2.6,"publicationDate":"2025-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143831173","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
2019 AARES distinguished fellow 2019年AARES杰出院士
IF 2.6 3区 经济学
Australian Journal of Agricultural and Resource Economics Pub Date : 2025-01-17 DOI: 10.1111/1467-8489.12608
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引用次数: 0
2019 AARES distinguished fellow 2019年AARES杰出院士
IF 2.6 3区 经济学
Australian Journal of Agricultural and Resource Economics Pub Date : 2025-01-17 DOI: 10.1111/1467-8489.12607
{"title":"2019 AARES distinguished fellow","authors":"","doi":"10.1111/1467-8489.12607","DOIUrl":"https://doi.org/10.1111/1467-8489.12607","url":null,"abstract":"","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"69 1","pages":"3-4"},"PeriodicalIF":2.6,"publicationDate":"2025-01-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143116038","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
2019 AARES distinguished fellow 2019年AARES杰出院士
IF 2.6 3区 经济学
Australian Journal of Agricultural and Resource Economics Pub Date : 2025-01-17 DOI: 10.1111/1467-8489.12609
{"title":"2019 AARES distinguished fellow","authors":"","doi":"10.1111/1467-8489.12609","DOIUrl":"https://doi.org/10.1111/1467-8489.12609","url":null,"abstract":"","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"69 1","pages":"1-2"},"PeriodicalIF":2.6,"publicationDate":"2025-01-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143116037","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Stuart Harris (1931–2024) 斯图尔特·哈里斯（1931-2024）
IF 2.6 3区 经济学
Australian Journal of Agricultural and Resource Economics Pub Date : 2025-01-17 DOI: 10.1111/1467-8489.12604
Michael Harris
{"title":"Stuart Harris (1931–2024)","authors":"Michael Harris","doi":"10.1111/1467-8489.12604","DOIUrl":"https://doi.org/10.1111/1467-8489.12604","url":null,"abstract":"","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"69 1","pages":"251-252"},"PeriodicalIF":2.6,"publicationDate":"2025-01-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143116043","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Price premiums for geographical indication under the coexistence of self-claims and certification 自我主张与认证并存的地理标志价格溢价
IF 2.6 3区 经济学
Australian Journal of Agricultural and Resource Economics Pub Date : 2025-01-16 DOI: 10.1111/1467-8489.12612
Meng Wang, Jihong Ge, Xuesen Fan, Wuyang Hu
{"title":"Price premiums for geographical indication under the coexistence of self-claims and certification","authors":"Meng Wang,&nbsp;Jihong Ge,&nbsp;Xuesen Fan,&nbsp;Wuyang Hu","doi":"10.1111/1467-8489.12612","DOIUrl":"https://doi.org/10.1111/1467-8489.12612","url":null,"abstract":"<p>As the popularity of geographical indication (GI) grows in developing countries, the coexistence of GI self-claims and certification has become widespread. This study focusses on the Chinese rice market and explores the market performance of GI self-claims and certification. The findings indicate that while GI self-claims can generate price premiums, these are lower than those generated by GI certification. In the mid-to-high-end rice market, GI self-claims barely succeed to generate any price premium, whereas GI certification maintains its competitiveness. Notably, there is heterogeneity in the price premiums of different types of GI self-claims and certification. On the one hand, only indirect self-claims, which utilise origin information denoted by a GI label, can generate a price premium. On the other hand, GI certification promoted in earlier years or with more stringent certification standards generates higher price premiums. There is no clear evidence suggesting that a higher number of GI certificates corresponds to higher price premiums.</p>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"69 2","pages":"422-439"},"PeriodicalIF":2.6,"publicationDate":"2025-01-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143831133","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Promoting the adoption of environmentally friendly agricultural practices: The role of crop insurance participation 促进采用环境友好型农业做法：作物保险参与的作用
IF 2.6 3区 经济学
Australian Journal of Agricultural and Resource Economics Pub Date : 2024-12-10 DOI: 10.1111/1467-8489.12603
Min Su, Shuyi Feng, Ziming Liu
{"title":"Promoting the adoption of environmentally friendly agricultural practices: The role of crop insurance participation","authors":"Min Su,&nbsp;Shuyi Feng,&nbsp;Ziming Liu","doi":"10.1111/1467-8489.12603","DOIUrl":"https://doi.org/10.1111/1467-8489.12603","url":null,"abstract":"<p>This study investigates the impact of crop insurance participation on farmers' adoption of environmentally friendly agricultural practices using microsurvey data from the China Land Economic Survey 2020. Propensity score matching and an endogenous switching probit model are applied to address potential selection bias. We find that crop insurance participation has significant and positive effects on farmers' adoption of straw return and biological pesticides. Specifically, it increases the probability of adopting straw return and biological pesticides by 45.6% and 46.3%, respectively. These impacts are particularly large for younger, larger scale and more risk-averse farmers. Our results highlight the necessity of supporting crop insurance participation to encourage desirable environmental outcomes. We also discuss potential policies to facilitate crop insurance uptake in rural China.</p>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"69 1","pages":"100-120"},"PeriodicalIF":2.6,"publicationDate":"2024-12-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143114088","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Individual preferences for food items within couples: Validating choice experiments predictions with real purchases data 夫妻对食物的个人偏好：用真实购买数据验证选择实验预测
IF 2.6 3区 经济学
Australian Journal of Agricultural and Resource Economics Pub Date : 2024-11-29 DOI: 10.1111/1467-8489.12600
Cristiano Franceschinis, Riccardo Scarpa, Mara Thiene, Roselinde Kessels
{"title":"Individual preferences for food items within couples: Validating choice experiments predictions with real purchases data","authors":"Cristiano Franceschinis,&nbsp;Riccardo Scarpa,&nbsp;Mara Thiene,&nbsp;Roselinde Kessels","doi":"10.1111/1467-8489.12600","DOIUrl":"https://doi.org/10.1111/1467-8489.12600","url":null,"abstract":"<p>Despite the popularity of choice experiments (CEs) for the valuation of environmental goods and services, some of its shortcomings have been only partially addressed by the literature. Among these, of particular saliency are the hypothetical nature of CEs and the lack of information on joint choices (e.g. choices made by couples) in traditional CEs. In this study, we contribute to filling these gaps by investigating joint choices concerning cheeses produced via different processes, involving environmental and social sustainability features. We use a two-stage preference elicitation approach, using first stated and then real consumption choices collected from a sample of 90 couples. In the first stage, each member of the couples separately took part in a web survey with a hypothetical CE. In the second, these couples jointly engaged in a field experiment with monetary incentives in which they jointly chose the cheeses to purchase. This approach allows us to evaluate the role of individual preferences in shaping joint choices and to investigate whether predictions from stated choice data are congruent with, and validated by, real purchase data. We use CE data to estimate individual preferences with discrete choice models and use joint purchase data via the Multiple Discrete-Continuous Nested Extreme Value model. Results suggest that joint real choices follow a substantively different decision process from that of individual stated choices.</p>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"69 1","pages":"7-24"},"PeriodicalIF":2.6,"publicationDate":"2024-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143120672","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Does carbon labelling encourage the consumption of low-emission meat products? Evidence from China 碳标签是否鼓励消费低排放肉制品？来自中国的证据
IF 2.6 3区 经济学
Australian Journal of Agricultural and Resource Economics Pub Date : 2024-11-26 DOI: 10.1111/1467-8489.12602
Rao Yuan, Zhengmin Tang
{"title":"Does carbon labelling encourage the consumption of low-emission meat products? Evidence from China","authors":"Rao Yuan,&nbsp;Zhengmin Tang","doi":"10.1111/1467-8489.12602","DOIUrl":"https://doi.org/10.1111/1467-8489.12602","url":null,"abstract":"<p>By combining a hypothetical labelled-choice experiment and a between-subject design experiment, this study explores the influence of carbon labels on low-emission meat consumption. The results reveal that carbon labels are effective in encouraging consumers to choose low-emission conventional meat products. However, carbon labels are ineffective in persuading consumers to choose novel meat alternatives. Additionally, the results suggest that the efficiency of carbon labels depends on their format. The traffic-light carbon label was identified as the most effective, reducing carbon emissions from meat consumption by 21.55%, followed by the carbon-reduction label at 18.07% and the carbon-neutral label at 2.6%. The findings raise implications for policymakers in developing standards for carbon labels.</p>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"69 1","pages":"80-99"},"PeriodicalIF":2.6,"publicationDate":"2024-11-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143119580","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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