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Price Uncertainty And Agricultural Productivity

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  • Ji, Wen
  • Holt, Matthew T.

Abstract

This paper examines the effects of price uncertainty on agricultural productivity. Appelbaum(1991) provided an empirical framework to analyze the effects of uncertainty on firm behavior. We apply the model to the U.S. agricultural sector, using a parametric rather than a nonparametric approach to obtain the measurement of price uncertainty and risk.

Suggested Citation

  • Ji, Wen & Holt, Matthew T., 2000. "Price Uncertainty And Agricultural Productivity," 2000 Annual meeting, July 30-August 2, Tampa, FL 21736, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea00:21736
    DOI: 10.22004/ag.econ.21736
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    References listed on IDEAS

    as
    1. Appelbaum, E., 1989. "Uncertainty And The Measurement Of Productivity," Papers 89-05, York (Canada) - Department of Economics.
    2. V. Eldon Ball & Jean-Christophe Bureau & Richard Nehring & Agapi Somwaru, 1997. "Agricultural Productivity Revisited," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(4), pages 1045-1063.
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    Keywords

    risk; uncertainty; productivity;
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