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Me-Nsope, Nathalie Mongue. |
The study investigates the economic response of tart cherry yields to planting density using an unbalanced longitudinal yield data from tart cherry orchards in Northwest Michigan. The relationship between tart cherry yield and tree age is specified as a linear spline function and planting density interacts with tree age. A random effect method, treating block as random, is used to estimate the spline function. Stochastic simulation was used to estimate the mean and variance of the product of two random variables (price and yield), and the coefficient of variation was used as a measure of how much risk is involved in corn/soybeans production relative to tart cherries production. Estimates of the variance provided the discount factor (10%) and with yields... |
Tipo: Thesis or Dissertation |
Palavras-chave: Tart cherries; Pricing; Planting density; Crop Production/Industries; Risk and Uncertainty; D4; D24; L11. |
Ano: 2009 |
URL: http://purl.umn.edu/54502 |