| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Farm Risk Management Between Normal Business Risk and Climatic/Market Shocks
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| Autores: |
Cordier, Jean
|
| Data: |
2009-03-10
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| Ano: |
2008
|
| Palavras-chave: |
Comparative
Performance
Risk
Management
Tools
|
| Resumo: |
Farm risk management for income stabilization is on-going issue. An applied work has been performed to measure farm risk using a stochastic model. Risk management tools, with symmetric as well as asymmetric impacts, are then tested and compared through ad hoc statistics. Normal farm business risk can be efficiently managed using a precautionary saving provision. Farm revenue insurance is found as the most efficient asymmetric tool for dealing with climatic and market shocks. The linkage between these complementary tools can be adjusted upon market environment.
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
|
| Identificador: |
http://purl.umn.edu/48105
|
| Relação: |
European Association of Agricultural Economists>108th Seminar, February 8-9, 2008, Warsaw, Poland
|
| Formato: |
15
|
|
