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| Tzouramani, Irene; Karanikolas, Pavlos; Alexopoulos, George; Sintori, Alexandra; Liontakis, Angelos E.. |
| After the introduction of the new tobacco regime, many regions in Greece, formerly specialized in tobacco cultivation, are now facing serious threats of economic and social decline. Sheep farming is considered by many analysts as a viable alternative to tobacco. This study analyses the financial performance of sheep production and the risk that producers are taking. Through a stochastic efficiency analysis with respect to a function we explore the economic viability of conventional and organic sheep farming; key factors determining the economic outcome of these activities are also investigated. Both organic and conventional sheep farming appear as viable alternatives. The viability of organic farming lies, mainly, in organic payments. Conventional farming... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Organic farming; Dairy sheep; Risk analysis; SERF; Agricultural policy; Agricultural and Food Policy; Farm Management; Livestock Production/Industries; Risk and Uncertainty. |
| Ano: 2008 |
URL: http://purl.umn.edu/6695 |
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| Tzouramani, Irene; Liontakis, Angelos E.; Sintori, Alexandra; Alexopoulos, George. |
| Organic farming has experienced a vast increase within the EU, despite the fact that it implies greater risk and uncertainty than that of conventional farming. This is the result of the increased environmental concern and the rising demand for quality food, which led to the implementation of the organic policy scheme. Nevertheless, the production of organic fruits, including cherries, is still limited in the EU. Farmers will adopt this alternative farming system only if the support provided by the existing policy regime out weights the increased risk and uncertainty. This study explores the effectiveness of the current policy measures for the production of organic cherries in Greece, using the real options methodology. The framework of real options... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Keywords: organic agriculture; Real options; Agriculture policy; Uncertainty; Agricultural and Food Policy; D81; Q14; Q18. |
| Ano: 2009 |
URL: http://purl.umn.edu/51079 |
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