Risk Considerations in Supply Response: Implications for Counter-Cyclical Payments' Production Impact

This study investigates the role of risk in farmers' acreage decisions in the Northcentral region by revisiting an earlier study by Chavas and Holt and tests the null hypothesis regadring the effects of wealth and draw out implications for farmers' risk attitudes. Estimated model results are used to examine counter-cyclical payments' production impact for major field crops.


Issue Date:
2005
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/19304
Total Pages:
27
Series Statement:
Selected Paper 136877




 Record created 2017-04-01, last modified 2017-08-22

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