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Aggregate Corn Area Response Under Risk: Some Implications for Price Stabilization Programs

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  • Mendoza, Meyra S. Author_Email:
  • Rosegrant, Mark W. Author_Email:
  • Brorsen, Wade Author_Email:

Abstract

Investigation of the corn revenue risk of Filipino farmers indicates their vulnerability to wide variability in domestic and world prices. Given the imperfect market and heavy dependence of farmers on trader’s price information, it is important to incorporate risk in any modeling attempts on the farmers’ cultivation areas.

Suggested Citation

  • Mendoza, Meyra S. Author_Email: & Rosegrant, Mark W. Author_Email: & Brorsen, Wade Author_Email:, "undated". "Aggregate Corn Area Response Under Risk: Some Implications for Price Stabilization Programs," Philippine Journal of Development jpd_1992_vol__xix_no__2-d, Philippine Institute for Development Studies.
    • Handle: RePEc:phd:pjdevt:jpd_1992_vol__xix_no__2-d
    DOI: https://doi.org/10.62986/pjd1992.19.2d
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    References listed on IDEAS

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    1. Batra, Raveendra N & Ullah, Aman, 1974. "Competitive Firm and the Theory of Input Demand under Price Uncertainty," Journal of Political Economy, University of Chicago Press, vol. 82(3), pages 537-548, May/June.
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    Cited by:

    1. Mutuc, Maria Erlinda M. & Rejesus, Roderick M. & Pan, Suwen & Yorobe, Jose M., 2012. "Impact Assessment of Bt Corn Adoption in the Philippines," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 44(1), pages 117-135, February.
    2. Jeffrey D. Vitale & Hamady Djourra & Aminata Sidibé, 2009. "Estimating the supply response of cotton and cereal crops in smallholder production systems: recent evidence from Mali," Agricultural Economics, International Association of Agricultural Economists, vol. 40(5), pages 519-533, September.

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