Catfish Producer Harvest Response To Production And Asymmetric Price Risk
Harvest response to production and asymmetric price risk was analyzed using an ordinary least squares model. Statistically significant responses to production-quality and output price risk were indicated. Results suggest that alternative pricing strategies designed to reduce risk may alter harvest response and decrease month to month harvest variability.
Volume (Year): 23 (1991)
Issue (Month): 02 (December)
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- Richard E. Just, 1974. "An Investigation of the Importance of Risk in Farmers' Decisions," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 56(1), pages 14-25.
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- Glenn M. MacDonald & James G. MacKinnon, 1985. "Convenient Methods for Estimation of Linear Regression Models with MA(1) Errors," Canadian Journal of Economics, Canadian Economics Association, vol. 18(1), pages 106-116, February.
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