An Empirical Evaluation Of Yield Performance And Cross-Crop Yield Correlation
This analysis considers two aspects of yield performance using a large sample of data collected from individual U.S. farms. In the first, observable farm and operator characteristics are related to relative yield perofmance. In general, larger, more diversified farms have higher relative yields. In addition, more intensive use of productive inputs tends to be associated with higher yields. In a second segment of the analysis, we focus on the extent to which yield performance for different crops on a single farm tend to be correlated. Our results suggest that farms in major growing regions tend to have greater correlation of crop yields. In addition, larger, more specialized farms tended to have more consistent yield performance across crops. Implications for whole-farm insurance contracts are discussed.
|Date of creation:||2002|
|Date of revision:|
|Contact details of provider:|| Web page: http://waeaonline.org/|
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Barrett, Christopher B., 1996. "On price risk and the inverse farm size-productivity relationship," Journal of Development Economics, Elsevier, vol. 51(2), pages 193-215, December.
- Barry K. Goodwin & Allen M. Featherstone & Kimberly Zeuli, 2002. "Producer Experience, Learning by Doing, and Yield Performance," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(3), pages 660-678.
When requesting a correction, please mention this item's handle: RePEc:ags:waealb:36550. 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: (AgEcon Search)
If references are entirely missing, you can add them using this form.