投入产出决策对农业生产风险的影响

IF 1.2 4区 经济学 Q3 AGRICULTURAL ECONOMICS & POLICY
J. Chavas, J. Cooper, S. Wallander
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引用次数: 9

摘要

本文研究了农业风险暴露的度量及其与投入产出决策的联系。我们发展了一般风险偏好下的风险概念分析,包括累积前景理论。该方法应用于1996年至2011年的美国农场样本。在多输入、多输出的框架中,分析记录了管理对生产风险暴露的影响,并估计了在替代框架下的风险成本。我们发现,可变投入导致风险增加,而牲畜有助于降低风险。非农业收入降低了风险成本。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
The Impact of Input and Output Decisions on Agricultural Production Risk
This paper investigates the measurement of risk exposure in agriculture and its linkages with input and output decisions. We develop a conceptual analysis of risk under general risk preferences, including cumulative prospect theory. The approach is applied to a sample of U.S. farms from 1996 to 2011. In a multi-input, multi-output framework, the analysis documents the effects of management on production risk exposure and estimates the cost of risk under alternative frameworks. We find that variable inputs contribute to increasing risk, while livestock contributes to reducing risk. Nonfarm income reduces the cost of risk.
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来源期刊
Journal of Agricultural and Resource Economics
Journal of Agricultural and Resource Economics 社会科学-农业经济与政策
CiteScore
2.30
自引率
7.10%
发文量
0
审稿时长
>36 weeks
期刊介绍: The mission of the Journal of Agricultural and Resource Economics is to publish creative and scholarly economic studies in agriculture, natural resources, and related areas. Manuscripts dealing with the economics of food and agriculture, natural resources and the environment, human resources, and rural development issues are especially encouraged. The Journal provides a forum for topics of interest to those performing economic research as well as to those involved with economic policy and education. Submission of comments on articles previously published in the Journal is welcomed.
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