{"title":"对美国蔬菜种植者理性预期的考察","authors":"E. Beach, J. Fernandez-Cornejo, N. Uri","doi":"10.1300/J068V02N01_09","DOIUrl":null,"url":null,"abstract":"ABSTRACT Survey data on expected and actual prices received by individual vegetable growers in Florida, Michigan, and Texas in 1990 are used to test the rational expectations hypothesis. The use of individual grower data overcomes many of the aggregation, risk premia and model specification issues that have limited previous tests of this hypothesis in agriculture. Overall, price expectations of vegetable growers are found to be inconsistent with the rational expectations hypothesis for the majority of vegetable/state combinations studied.","PeriodicalId":169819,"journal":{"name":"Journal of Vegetable Crop Production","volume":"8 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2008-10-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"An Examination of the Rational Expectations of Vegetable Growers in the United States\",\"authors\":\"E. Beach, J. Fernandez-Cornejo, N. Uri\",\"doi\":\"10.1300/J068V02N01_09\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"ABSTRACT Survey data on expected and actual prices received by individual vegetable growers in Florida, Michigan, and Texas in 1990 are used to test the rational expectations hypothesis. The use of individual grower data overcomes many of the aggregation, risk premia and model specification issues that have limited previous tests of this hypothesis in agriculture. Overall, price expectations of vegetable growers are found to be inconsistent with the rational expectations hypothesis for the majority of vegetable/state combinations studied.\",\"PeriodicalId\":169819,\"journal\":{\"name\":\"Journal of Vegetable Crop Production\",\"volume\":\"8 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2008-10-22\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Vegetable Crop Production\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1300/J068V02N01_09\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Vegetable Crop Production","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1300/J068V02N01_09","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
An Examination of the Rational Expectations of Vegetable Growers in the United States
ABSTRACT Survey data on expected and actual prices received by individual vegetable growers in Florida, Michigan, and Texas in 1990 are used to test the rational expectations hypothesis. The use of individual grower data overcomes many of the aggregation, risk premia and model specification issues that have limited previous tests of this hypothesis in agriculture. Overall, price expectations of vegetable growers are found to be inconsistent with the rational expectations hypothesis for the majority of vegetable/state combinations studied.
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