000161974 001__ 161974
000161974 005__ 20170827131255.0
000161974 037__ $$a428-2016-27916
000161974 037__ $$a428-2016-28211
000161974 041__ $$aen_US
000161974 245__ $$aEffect of yield and price risk on conversion from conventional to organic farming
000161974 260__ $$c2009
000161974 269__ $$a2009
000161974 270__ $$mpaul.berentsen@wur.nl$$pBerentsen,   Paul
000161974 300__ $$a19
000161974 336__ $$aJournal Article
000161974 520__ $$aAlthough the benefits of organic farming are already well known, the conversion to
organic farming does not proceed as the Dutch government expected. In order to
investigate the conversion decisions of Dutch arable farms, a discrete stochastic
dynamic utility-efficient programming (DUEP) model is developed with special attention
for yield and price risk of conventional, conversion and organic crops. The model
maximizes the expected utility of the farmer depending on the farmer’s risk attitude.
The DUEP model is an extension of a dynamic linear programming model that maximized
the labour income of conversion from conventional to organic farming over a
10 year planning horizon. The DUEP model was used to model a typical farm for the
central clay region in the Netherlands. The results show that for a risk-neutral farmer
it is optimal to convert to organic farming. However, for a more risk-averse farmer it
is only optimal to fully convert if policy incentives are applied such as taxes on pesticides
or subsidies on conversion, or if the market for the organic products becomes
more stable.
000161974 542__ $$fLicense granted by Adrienne Keiser (keise023@umn.edu) on 2013-12-26T18:29:25Z (GMT):

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000161974 650__ $$aAgribusiness
000161974 650__ $$aCrop Production/Industries
000161974 650__ $$aFarm Management
000161974 6531_ $$aarable farming
000161974 6531_ $$aconversion process
000161974 6531_ $$adynamic utility-efficient programming model
000161974 6531_ $$aorganic farming
000161974 6531_ $$arisk aversion
000161974 700__ $$aAcs, Szvetlana
000161974 700__ $$aBerentsen, Paul B.M.
000161974 700__ $$aHuirne, Ruud
000161974 700__ $$avan Asseldonk, Marcel
000161974 773__ $$dSeptember 2009$$jVolume 53$$kIssue 3$$o411$$q393$$tAustralian Journal of Agricultural and Resource Economics
000161974 8564_ $$s153157$$uhttp://ageconsearch.umn.edu/record/161974/files/j.1467-8489.2009.00458.x.pdf
000161974 887__ $$ahttp://purl.umn.edu/161974
000161974 909CO $$ooai:ageconsearch.umn.edu:161974$$qGLOBAL_SET
000161974 912__ $$nSubmitted by Adrienne Keiser (keise023@umn.edu) on 2013-12-26T18:33:41Z
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000161974 982__ $$gAustralian Journal of Agricultural and Resource Economics>Volume 53, Issue 3, September 2009
000161974 980__ $$a428