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Using Bayesian Kriging for Spatial Smoothing of Trends in the Means and Variances of Crop Yield Densities

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  • Niyibizi, Bart
  • Brorsen, Wade
  • Park, Eunchun

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  • Niyibizi, Bart & Brorsen, Wade & Park, Eunchun, 2018. "Using Bayesian Kriging for Spatial Smoothing of Trends in the Means and Variances of Crop Yield Densities," 2018 Annual Meeting, August 5-7, Washington, D.C. 274403, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea18:274403
    DOI: 10.22004/ag.econ.274403
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    References listed on IDEAS

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    1. Diebold, Francis X & Gunther, Todd A & Tay, Anthony S, 1998. "Evaluating Density Forecasts with Applications to Financial Risk Management," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 39(4), pages 863-883, November.
    2. Vitor A. Ozaki & Sujit K. Ghosh & Barry K. Goodwin & Ricardo Shirota, 2008. "Spatio-Temporal Modeling of Agricultural Yield Data with an Application to Pricing Crop Insurance Contracts," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 90(4), pages 951-961.
    3. Coble, Keith H. & Heifner, Richard G. & Zuniga, Manuel, 2000. "Implications Of Crop Yield And Revenue Insurance For Producer Hedging," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 25(2), pages 1-21, December.
    4. Alan P. Ker & Tor N. Tolhurst & Yong Liu, 2016. "Bayesian Estimation of Possibly Similar Yield Densities: Implications for Rating Crop Insurance Contracts," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 98(2), pages 360-382.
    5. Barry J. Barnett & Dmitry V. Vedenov, 2007. "Is There a Viable Market for Area-Based Crop Insurance?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 89(2), pages 508-519.
    6. Jerry R. Skees & J. Roy Black & Barry J. Barnett, 1997. "Designing and Rating an Area Yield Crop Insurance Contract," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(2), pages 430-438.
    7. Alan P. Ker & Keith Coble, 2003. "Modeling Conditional Yield Densities," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 85(2), pages 291-304.
    8. Eunchun Park & B Wade Brorsen & Ardian Harri, 2019. "Using Bayesian Kriging for Spatial Smoothing in Crop Insurance Rating," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 101(1), pages 330-351.
    9. Tannura, Michael A. & Irwin, Scott H. & Good, Darrel L., 2008. "Weather, Technology, and Corn and Soybean Yields in the U.S. Corn Belt," Marketing and Outlook Research Reports 37501, University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics.
    10. Ardian Harri & Keith H. Coble & Alan P. Ker & Barry J. Goodwin, 2011. "Relaxing Heteroscedasticity Assumptions in Area-Yield Crop Insurance Rating," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 93(3), pages 703-713.
    11. Olivier Mahul, 1999. "Optimum area yield crop insurance," Post-Print hal-01952090, HAL.
    12. Brian J. Reich, 2012. "Spatiotemporal quantile regression for detecting distributional changes in environmental processes," Journal of the Royal Statistical Society Series C, Royal Statistical Society, vol. 61(4), pages 535-553, August.
    13. Mario J. Miranda, 1991. "Area-Yield Crop Insurance Reconsidered," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(2), pages 233-242.
    14. Park, Eunchun & Brorsen, B. Wade & Harri, Ardian, 2016. "Using Bayesian Spatial Smoothing and Extreme Value Theory to Develop Area-Yield Crop Insurance Rating," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235754, Agricultural and Applied Economics Association.
    15. Olivier Mahul, 1999. "Optimum Area Yield Crop Insurance," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 81(1), pages 75-82.
    16. Mario J. Miranda & Joseph W. Glauber, 1997. "Systemic Risk, Reinsurance, and the Failure of Crop Insurance Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(1), pages 206-215.
    17. Diebold, Francis X & West, Kenneth D, 1998. "Symposium on Forecasting and Empirical Methods in Macroeconomics and Finance: Editors' Introduction," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 39(4), pages 811-815, November.
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