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	Provedor de dados AgEcon (1) Autor Martin, Laura L. (1) Palavra-chave Absolute performance payment (1) Income variability (1) Livestock Production/Industries (1) Pork industry (1) Production contracts (1) Relative performance payment (1) Risk shifting (1) Mais... Tipo do documento Journal Article (1) Ano 1997 (1) País United States (1) Idioma Inglês (1)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 1 Primeira ... 1 ... Última PRODUCTION CONTRACTS, RISK SHIFTING, AND RELATIVE PERFORMANCE PAYMENTS IN THE PORK INDUSTRY AgEcon Martin, Laura L.. Actual performance records of production contract farmers are used to assess the extent to which contract production reduces the risk borne by pork producers. Comparisons of contracting relative to independent market production reveal that farmers who enter into production contracts based on absolute performance measures reduce risks associated with variable income. Weak evidence is found that relative performance contracts, similar to those used in the broiler chicken industry, further reduce income variability. The effectiveness of such relative performance contracts will rely on several factors; among these are increased contract production and a more uniform pork production and processing system. Tipo: Journal Article Palavras-chave: Absolute performance payment; Income variability; Pork industry; Production contracts; Relative performance payment; Risk shifting; Livestock Production/Industries. Ano: 1997 URL: http://purl.umn.edu/15048 Registros recuperados: 1 Primeira ... 1 ... Última

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