| Registro completo |
| Provedor de dados: |
AgEcon
|
| País: |
United States
|
| Título: |
Prediction of Loan Deficiency Payments
|
| Autores: |
Cooper, Joseph C.
Plato, Gerald E.
|
| Data: |
2007-06-27
|
| Ano: |
2007
|
| Palavras-chave: |
Domestic support
Loan deficiency payments
Marketing loan benefits
Corn
Yield
Agricultural Finance
|
| Resumo: |
This paper develops a stochastic model for estimating potential loan deficiency payments to U.S. corn producers in a discrete-dynamic context. We minimize the potential for misspecification bias by using nonparametric and semi-nonparametric approaches as specification checks in the model. The model permits the forecast at planting time of the resulting empirical distribution of LDP payments for that crop year. Using this model, the paper examines the sensitivity of this distribution to changes in expected price levels.
|
| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
|
| Identificador: |
26230
http://purl.umn.edu/9717
|
| Editor: |
AgEcon Search
|
| Relação: |
American Agricultural Economics Association>2007 Annual Meeting, July 29-August 1, 2007, Portland, Oregon
Selected Paper 174284
|
| Formato: |
27
application/pdf
|
