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Estimating an Ex Ante Cost Function for Belgian Arable Crop Farms

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  • Hansen, Kristiana
  • Baudry, Alexandre
  • De Blander, Rembert
  • Frahan, Bruno Henry de
  • Polome, Philippe

Abstract

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.

Suggested Citation

  • Hansen, Kristiana & Baudry, Alexandre & De Blander, Rembert & Frahan, Bruno Henry de & Polome, Philippe, 2009. "Estimating an Ex Ante Cost Function for Belgian Arable Crop Farms," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49477, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea09:49477
    DOI: 10.22004/ag.econ.49477
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    References listed on IDEAS

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    Cited by:

    1. Hansen, Kristiana & Frahan, Bruno Henry de, 2011. "Evaluation of Agro-Environmental Policy through a Calibrated Simulation Farm Model," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114577, European Association of Agricultural Economists.

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    Keywords

    Agricultural and Food Policy; Crop Production/Industries; Production Economics;
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