Advanced Search
MyIDEAS: Login

An Operational Approach for Evaluating Investment Risk: An Application to the No-Till Transition

Contents:

Author Info

  • Mykel R. Taylor

    ()
    (School of Economic Sciences, Washington State University)

Registered author(s):

    Abstract

    An Operational Approach for Evaluating Investment Risk: An Application to the No-Till Transition Abstract: Roy’s safety-first rule is used to provide measures popular with farmers of short and long term business risk associated with various no-till transition strategies over an investment horizon. The short run rule provided more sensitivity to inter-year financial risk than other commonly used criteria. Results revealed that speed of adoption influenced the probability of successful transition more than did the sequence of drill acquisition methods. Higher equity and larger farms had a greater chance of transition success. Slow acreage expansion with a custom or rental drill reduces risk until a no-till yield penalty is eliminated.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://faculty.ses.wsu.edu/WorkingPapers/MTaylor/WP2010-17.pdf
    File Function: First version, 2005
    Download Restriction: no

    Bibliographic Info

    Paper provided by School of Economic Sciences, Washington State University in its series Working Papers with number 2010-17.

    as in new window
    Length: 37 pages
    Date of creation: Nov 2010
    Date of revision:
    Handle: RePEc:wsu:wpaper:mtaylor-2

    Contact details of provider:
    Postal: PO Box 646210, Pullman, WA 99164-646210
    Phone: 509-335-5555
    Fax: 509-335-1173
    Web page: http://faculty.ses.wsu.edu/
    More information through EDIRC

    Related research

    Keywords: food safety; discrete choice; information; consumer demand;

    Find related papers by JEL classification:

    This paper has been announced in the following NEP Reports:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:wsu:wpaper:mtaylor-2. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Danielle Engelhardt).

    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.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.

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