Estimating an Ex Ante Cost Function for Belgian Arable Crop Farms

We estimate a farm-level cost function for Belgian crop farms using FADN data over the study period 1996-2006. We rely on an estimation of farmers' expected yields at the time cropping decisions are made rather than actual yields observed in the FADN data. The use of an ex ante cost function improves the cost function estimation. We subsequently suggest how our cost function can be used in simulations to analyze farmer response to changes in output price risk.


Issue Date:
2009
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/49477
Total Pages:
23
JEL Codes:
Q12; Q18
Series Statement:
Selected Paper
612467




 Record created 2017-04-01, last modified 2017-08-25

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