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Registros recuperados: 11
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A Comparison of Risk Exposure in Aquaculture and Agricultural Businesses AgEcon
Flaten, Ola; Lien, Gudbrand D.; Tveteras, Ragnar.
Agriculture and aquaculture have common features associated with their biological nature affecting risk exposure of the businesses. The aim of this paper is to compare risk exposure in salmon farming and agricultural enterprises in Norway by using an implicit error component model to examine the risk structure of yields, prices and economic returns at the farm level. Results indicate a higher farm-level year-to-year variability in yields, prices and economic returns in salmon farming than in agricultural enterprises. The variability in livestock enterprises was generally lower than for crop enterprises. Return on assets was highest in salmon farming with an average annual return of 9.2%. All of the agricultural farm types exhibited a negative average...
Tipo: Conference Paper or Presentation Palavras-chave: Risk analysis; Variability; Norway; Risk and Uncertainty.
Ano: 2008 URL: http://purl.umn.edu/44052
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A Multicriteria Evaluation by the Public Approval of Pesticides – A Case with the Plant-Growth Regulators in Grain AgEcon
Refsgaard, Karen; Flaten, Ola; Gudem, Runchild; Lien, Gudbrand D..
Our object is to develop a method for the public approval and re-evaluation of pesticides that emphasises a wide evaluation of social benefits. This is done through the case for the three plant-growth regulators approved for use in Norwegian grain production at present: chlormequat chloride, ethephon and trinexapacethyl. A multicriteria method is founded on the premises for an expert based model as opposed to e.g. a market based model. It seems to be a possible method that allows for the use of several incommensurable criteria in the approval process by National Agricultural Inspection Service (NAIS). Furthermore, it results in greater transparency, which may be an important quality in a public decision process. However, there are problems connected to a...
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management.
Ano: 2002 URL: http://purl.umn.edu/6952
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Adjustments to Changing Economic Conditions in Norwegian Dairy Farming AgEcon
Flaten, Ola.
LP models of Norwegian dairy farms are designed to evaluate the impact of changes inprices and subsidies on production systems and on profitability at the farm level. At 1999-prices, producing a fixed milk quota with low to moderate yielding cows (6000 to 6600 kg milk annually) is most profitable. Silage offered ad libitum is profitable. Athree cut harvesting system is more profitable than two cuts. Changes in the milk pricehave no effects on production. If forage crops is the only possible land use, increased area payments have no effects on production. If non-forage crops are also grown,increased area payments for forage crops result in a higher proportion of the land being used for temporary grass (ley) and in cheaper forage, making higher silage intake...
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries.
Ano: 2003 URL: http://purl.umn.edu/24379
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Adjustments to Changing Economic Conditions in Norwegian Dairy Farming AgEcon
Flaten, Ola.
LP models of Norwegian dairy farms are designed to evaluate the impact of changes in prices and subsidies on production systems and on profitability at the farm level. At 1999-prices, producing a fixed milk quota with low to moderate yielding cows (6000 to 6600 kg milk annually) is most profitable. Silage offered ad libitum is profitable. A three cut harvesting system is more profitable than two cuts. Changes in the milk price have no effects on production. If forage crops is the only possible land use, increased area payments have no effects on production. If non-forage crops are also grown, increased area payments for forage crops result in a higher proportion of the land being used for temporary grass (ley) and in cheaper forage, making higher silage...
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management.
Ano: 2002 URL: http://purl.umn.edu/6968
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Comparison of Risk Between Cropping Systems in Eastern Norway AgEcon
Lien, Gudbrand D.; Flaten, Ola; Schumann, Keith D.; Richardson, James W.; Korsaeth, Audun; Eltun, Ragnar.
The aim of this study was to compare production and policy risk of organic, integrated and conventional cropping systems in Norway. Experimental cropping system data (1991-1999) from eastern Norway were combined with budgeted data. Empirical distributions of total farm income for different cropping systems were estimated with a simulation model that uses a multivariate kernel density function to smooth the limited experimental data. Stochastic efficiency with respect to a function (SERF) was used to rank the cropping systems for farmers with various risk aversion levels. The results show that the organic system had the greatest net farm income variability, but the existing payment system and organic price premiums makes it the most economically viable...
Tipo: Conference Paper or Presentation Palavras-chave: Organic; Integrated and conventional crop farming; Stochastic simulation; Multivariate kernel estimator; Risk aversion; Stochastic efficiency with respect to a function; Crop Production/Industries; Risk and Uncertainty; Q12; C44.
Ano: 2005 URL: http://purl.umn.edu/24663
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Comparison of Risk in Organic, Integrated and Conventional Cropping Systems in Eastern Norway AgEcon
Lien, Gudbrand D.; Flaten, Ola; Korsaeth, Audun; Schumann, Keith D.; Richardson, James W.; Eltun, Ragnar.
This study exemplifies the first implementation experiences of Balanced Scorecard and the first results of them in Ukrainian agricultural enterprises. Essential prerequisites for the functioning of the BSC concept into practical agriculture will be discussed. Finally, some critical success factors to the BSC adoption by agricultural companies will be identified.
Tipo: Conference Paper or Presentation Palavras-chave: Balanced Scorecard; Strategic Management; Ukraine; Crop Production/Industries.
Ano: 2005 URL: http://purl.umn.edu/24251
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Organic Dairy Farming in Norway Under the 100% Organically Produced Feed Requirement AgEcon
Flaten, Ola; Lien, Gudbrand D..
The EU regulation governing organic production will require 100% organic feed in organic dairy systems from August 2005 compared with 85% currently in Norway. This study aimed to assess adjustments in resource use and financial impacts on organic dairy herds using a discrete stochastic programming model. Farm management effects of the regulatory change varied between farm types. For the two organic dairy systems examined, both having a milk quota of 100 000 litres but with varying farmland availability, the introduction of the 100% organic feed regulation resulted in an economic loss of approximately 6-8% of the net income compared to the current regime. The economic loss was mainly due to the considerable higher price of organic compared to conventional...
Tipo: Conference Paper or Presentation Palavras-chave: Feed regulation; Organic farming; Milk production; Stochastic programming; Livestock Production/Industries.
Ano: 2005 URL: http://purl.umn.edu/24245
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Perceptions and Impacts of FRAM-A: A Norwegian Farm Business Development Programme AgEcon
Kjesbu, Erland; Flaten, Ola.
The FRAM-A(gro) programme has been initiated to improve Norwegian farmers' business and strategic management skills. This paper reports on an evaluation of the early projects. Key findings are that the learning model combining three approaches (theory, group learning and onfarm activities) was successful, and that farmers were satisfied with the one-to-one consultancy.
Tipo: Conference Paper or Presentation Palavras-chave: Training programme; Farm development; Strategic management; Consultancy; Evaluation; Farm Management; Teaching/Communication/Extension/Profession.
Ano: 2005 URL: http://purl.umn.edu/24294
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Production risk in multi-output industries: estimates from Norwegian dairy farms AgEcon
Tveteras, Ragnar; Flaten, Ola; Lien, Gudbrand D..
Farmers who produce multiple outputs are portfolio managers in the sense that they use inputs to balance expected economic return and variance of return. This paper estimates the structure of the stochastic multi-output production technology in Norwegian dairy farming, allowing for a more flexible specification of the technology than previous studies. We find that an increase in input levels leads primarily to higher output variability, and that inputs also influence the covariance of shocks between outputs. Risk-reducing effects of inputs on outputs are primarily present in the covariance functions. Technical change leads to shifts in the profit distribution over the data period, but no welfare improvement for risk-averse farmers.
Tipo: Conference Paper or Presentation Palavras-chave: Multi-output technologies; Production risk; Dairy farming; Agribusiness; Livestock Production/Industries.
Ano: 2008 URL: http://purl.umn.edu/43958
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Risk and Risk Management in Organic and Conventional Dairy Farming: Empirical Results from Norway AgEcon
Lien, Gudbrand D.; Flaten, Ola; Ebbesvik, Martha; Koesling, Matthias; Valle, Paul Steinar.
The objective of this study was to provide empirical insight into dairy farmers' goals, relative risk attitude, sources of risk and risk management responses. The study also examines whether organic dairy farming, leads to important risk sources not experienced in conventional farming and, if so, how those extra risks is managed. The data originate from a questionnaire survey of conventional (n=370) and organic (n=160) dairy farmers in Norway. The results show that organic farmers have somewhat different goals than conventional farmers, and that the average organic farmer is less risk averse. Institutional risk was perceived as the most important source of risk, independently of conventional or organic production system, while organic farmers indicated...
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries; Risk and Uncertainty.
Ano: 2003 URL: http://purl.umn.edu/24382
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Stochastic Utility-Efficient Programming of Organic Dairy Farms AgEcon
Flaten, Ola; Lien, Gudbrand D..
Opportunities to make sequential decisions and adjust activities as a season progresses and more information becomes available characterize the farm management process. In this paper, we present a discrete stochastic two-stage utility efficient programming model of organic dairy farms, which includes risk aversion in the decision maker's objective function as well as both embedded risk (stochastic programming with resource) and non-embedded risk (stochastic programming without recourse). Historical farm accountancy data and subjective judgments were combined to assess the nature of the uncertainty that affects the possible consequences of the decisions. The programming model was used within a stochastic dominance framework to examine optimal strategies...
Tipo: Conference Paper or Presentation Palavras-chave: Agriculture; Risk analysis; Stochastic programming; Stochastic dominance; Organic farming; Livestock Production/Industries; Q12; C61.
Ano: 2005 URL: http://purl.umn.edu/24743
Registros recuperados: 11
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