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A Revenue-Based Alternative to the Counter-Cyclical Payment Program AgEcon
Cooper, Joseph C..
This paper develops a stochastic model for comparing payments to U.S. corn producers of a revenue-based counter-cyclical payment (R-CCP) that is offered as an alternative in the 2007 House "Farm Bill" (H.R. 2419) to the current price-based CCP (P-CCP). We minimize the potential for miss-specification bias in the model by using nonparametric and semi-nonparametric approaches as specification checks in the model. Using this model, the paper examines the sensitivity of the density function for payments to changes in expected price levels. A mean-variance utility function approach is used to assess producer preferences for choice of CCP program alternative. The results show that as risk reduction instruments at the farm level, there appears to be little...
Tipo: Conference Paper or Presentation Palavras-chave: Domestic support; Counter-cyclical payments; Revenue; Price; Corn; Yield; Pairs bootstrap; Kernel density; Semi-nonparametric; Combinatorial optimization; Agricultural and Food Policy; Crop Production/Industries.
Ano: 2008 URL: http://purl.umn.edu/6197
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ACRE: A Revenue-Based Alternative to Price-Based Commodity Payment Programs AgEcon
Cooper, Joseph C..
This paper develops a stochastic model for estimating the probability density function of the Average Crop Revenue Election (ACRE), a revenue-based commodity support payment that is offered under the 2008 Farm Act as an alternative to the traditional suite of price-based commodity payments, that is, marketing loan benefits and counter-cyclical payments. We minimize the potential for miss-specification bias in the model by using nonparametric and semi-nonparametric approaches as specification checks in the model. Our simulation results show that adding ACRE revenue payments to gross revenue reduced the downside risk in revenue for corn, wheat, and soybean farmers in 2009 in the four locations examined, with reductions ranging from 4% to 25%. Integrating...
Tipo: Conference Paper or Presentation Palavras-chave: Domestic support; Average crop revenue election; Loan deficiency payments; Counter-cyclical payments; Revenue; Price; Corn; Yield; Pairs bootstrap; Kernel density; Semi-nonparametric; Combinatorial optimization; Negative exponential utility function; Agricultural and Food Policy; Demand and Price Analysis.
Ano: 2009 URL: http://purl.umn.edu/49180
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Comportamento da restrição de distância de arraste de toras em um modelo de p-medianas aplicado ao planejamento da exploração de florestas nativas da Amazônia. Repositório Alice
SILVA, E. F. da; SILVA, G. F. da; FIGUEIREDO, E. O.; MENDONÇA, A. R. de; SILVA, J. P. M.; SANTOS, J. S.; AGUIAR, M. O.; ROMERO, F. M. B..
O Manejo Florestal Sustentável (MFS) tem como base proporcionar a viabilização dos recursos florestais madeireiros e não-madeireiros. O planejamento do corte seletivo das áreas de floresta por meio de ferramentas da pesquisa operacional e sistemas de informação geográfica têm proporcionado a avaliação de inúmeras possibilidades de planejamento de impacto reduzido. Tem-se a hipótese de que árvores de maior volume devem ser arrastadas nas menores distâncias possíveis. O objetivo da pesquisa é investigar o comportamento da restrição de distância de arraste em um modelo de p-medianas.
Tipo: Parte de livro Palavras-chave: Combinatorial optimization; Restricción de distancia; Otimização combinatória; Optimización combinatoria; P-medianas.; Manejo florestal sustentável; Arraste de toras; Log drag; Restrição de distância; Distance restriction; Planejamento Florestal; Floresta Nativa.; Sustainable forestry; Wood logs..
Ano: 2021 URL: http://www.alice.cnptia.embrapa.br/alice/handle/doc/1135469
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Payments under the Average Crop Revenue Program: Implications for Government Costs and Producer Preferences AgEcon
Cooper, Joseph C..
This paper develops a stochastic model for comparing payments to U.S. corn producers under the U.S. Senate’s Average Crop Revenue Program (ACR) versus payments under the price-based marketing loan benefit and countercyclical payment programs. Using this model, the paper examines the sensitivity of the density function for payments to changes in expected price levels. We also assess the impact of the choice of yield aggregation used in the ACR payment rate on the mean and variance of farm returns. We find that ACR payments lower the producer’s coefficient of variation of total revenue more than does the price-based support, although ACR may not raise mean revenue as much. While corn farmers in the heartland states might still prefer to receive the...
Tipo: Journal Article Palavras-chave: Domestic support; Counter-cyclical payments; Revenue; Price; Corn; Yield; Pairs bootstrap; Kernel density; Combinatorial optimization; Agricultural and Food Policy.
Ano: 2009 URL: http://purl.umn.edu/49864
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