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| Hegde, S. Aaron. |
| Previous literature has found that 84% of risk in poultry grow-out farms is transferred to the integrator. One of the main reasons behind this is the absence of a market price variable in determining compensation. We do not find this to be the case with more recent contracts, which include a market price clause. We also use VaR methodology to look at the risk inherent in the new contracts. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Livestock Production/Industries. |
| Ano: 2001 |
URL: http://purl.umn.edu/20486 |
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| Sengupta, Bonu; Hegde, S. Aaron. |
| This paper presents a case study of a sample of Mexican agricultural workers in Southern California based on primary data collected by the authors from rural areas around Bakersfield. The ultimate aim of this study is to characterize and explore more deeply the complex array of variables that enter the migration decision of a typical worker in this region, and analyze the interrelationships between these variables. The administered survey was designed to accommodate questions that attempt to elicit responses about preferences in addition to those with easily quantifiable answers. This paper presents a descriptive summary of the survey results followed by the two main empirical questions and the results of the inquiry that constitute the main innovation of... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Labor and Human Capital. |
| Ano: 2005 |
URL: http://purl.umn.edu/19235 |
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| Hegde, S. Aaron; Vukina, Tomislav. |
| Previous research has found that a significant part of risk from poultry grow-out farm operations is due to market price of broilers. This risk is transferred to the integrator when the grower enters a production contract with the integrator. This follows from the absence of a market price variable in determining compensation in such contracts. In more recent contracts a market price clause is included in calculating compensation. We conduct welfare comparison of the old and new contracts and find that while including the market price clause increases the variability of grower income, it also raises grower expected return. Overall, under assumptions of fixed flock size and constant percentage mortality, which enables payment per-pound comparison, new... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Risk and Uncertainty. |
| Ano: 2003 |
URL: http://purl.umn.edu/22171 |
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