Land Allocation Under Uncertainty: An Econometric Analysis
A quantitative knowledge of the consequence of risk inherent in agricultural production and farmer's reactions to them are of considerable importance in evaluating alternative government programmes and policies directed towards stabilization of prices and income in the agricultural sector. Yet there are very few empirical studies in the Indian context; the main reason being the lack of a suitable empirically estimable model which incorporates farming risk and farmer's attitute towards it. This study is an attempt towards constructing such a model which is amenable for quantification. By utilizing expected utility framework, two-crop land allocation model is developed assuming production uncertainty and the equilibrium conditions are characterised. Using farm management three years holding data, measures of risk aversion and risk premium are estimated.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 27 (1992)
Issue (Month): 1 (July)
|Contact details of provider:|| Postal: University of Delhi, Delhi 110 007|
Phone: 91-11-2766-6533/34/35, 2766-6703/04/05
Web page: http://www.ierdse.org/
More information through EDIRC
|Order Information:|| Web: http://www.ierdse.org/ Email: |
When requesting a correction, please mention this item's handle: RePEc:dse:indecr:v:27:y:1992:i:1:p:45-56. 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: (Pami Dua)
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.