| Registro completo |
| Provedor de dados: |
31
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| País: |
United States
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| Título: |
An Investigation of Production Risk, Risk Preferences and Technical Efficiency: Evidence From Rainfed Lowland Rice Farms in the Philippines
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| Autores: |
Villano, Renato A.
O'Donnell, Christopher J.
Battese, George E.
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| Data: |
2005-08-23
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| Ano: |
2005
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| Palavras-chave: |
Production risk
Risk preferences
Technical efficiency
Productivity Analysis
Risk and Uncertainty
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| Resumo: |
Risk plays a vital role in farmers' decisions on input allocations and, therefore, output supply. This paper provides empirical evidence on the estimation of production risk, risk preferences and technical inefficiency. An eight-year panel data set is used for 46 rice farmers from a representative rainfed lowland environment in Central Luzon, Philippines. The heteroskedastic and stochastic frontier frameworks are reconciled and extended to accommodate the risk preferences of farmers in an analysis of production risk. Results show that technical inefficiency is overstated in risky production environments where farmers are risk-averse.
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| Tipo: |
Working or Discussion Paper
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| Idioma: |
Inglês
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| Identificador: |
17395
http://purl.umn.edu/12953
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| Editor: |
AgEcon Search
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| Relação: |
University of New England>School of Economics>Working Papers
Working Paper 2005-1
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| Formato: |
26
application/pdf
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