IDEAS home Printed from https://ideas.repec.org/a/cup/jagaec/v8y1976i01p115-122_01.html
   My bibliography  Save this article

Empirical Measures of Risk for Selected Field and Horticultural Crops

Author

Listed:
  • Mathia, Gene A.

Abstract

Farm planning and enterprise selection have been studied by agricultural economists for many years. Detailed methodology has been developed to analyze the economic situation of farm firms and to project optimum combinations of resources used in producing selected enterprise activities. Programming techniques have been used extensively. They provided planning guidelines, with quality dependent on availability of data and completeness of the programming format. One area of concern arising from many programming efforts is that resource utilization and, ultimately, enterprise selection do not accurately project the general patterns of production observed in a specific area. Furthermore, there is little observable indication that farmers tend to move toward the programming solution. This problem is apparent when more variable enterprises are programmed with traditionally less variable enterprises. The more variable enterprises are frequently indicated to be profitable in the programming solutions, but farmers are not very interested in growing them.

Suggested Citation

  • Mathia, Gene A., 1976. "Empirical Measures of Risk for Selected Field and Horticultural Crops," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 8(1), pages 115-122, July.
    • Handle: RePEc:cup:jagaec:v:8:y:1976:i:01:p:115-122_01
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S0081305200012929/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Musser, Wesley N., 1992. "A Historical Overview of Estimation of Historical Risk Coefficients," 1992 Quantifying Long Run Agricultural Risks and Evaluating Farmer Responses to Risk Meeting, March 22-25, 1992, Orlando, Florida 307862, Regional Research Projects > S-232: Quantifying Long Run Agricultural Risks and Evaluating Farmer Responses to Risk.
    2. Walker, Melvin E., Jr. & Lin, Kuang-Hsing Terence, 1978. "Price, Yield, And Gross Revenue Variability For Selected Georgia Crops," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 10(1), pages 1-5, July.
    3. Ford, Beth Pride & Musser, Wesley N., 1995. "A Comparison of Nominal and Real Historical Risk Measures," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 27(2), pages 669-685, December.
    4. Prosper Wie & Robert Aidoo & Olav Jull Sorensen, 2017. "An Assessment of Risks Along the Sweet Potato Value Chain in Ghana," Asian Development Policy Review, Asian Economic and Social Society, vol. 5(3), pages 159-174, September.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:jagaec:v:8:y:1976:i:01:p:115-122_01. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/aae .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.