Data/hora: 16/06/2024 04:16:26

Provedor de dados: 	31	
País: 	United States	
Título: 	Policy Implications of Crop Yield and Revenue Variability at Differing Levels of Disaggregation	
Autores: 	Coble,   Keith H.; Dismukes,   Robert; Thomas,   Sarah E.	
Data: 	2007-06-27	
Ano: 	2007	
Palavras-chave: 	Agricultural and Food Policy.	
Resumo: 	Revenue variability at different levels of aggregation has been the focus of several proposals to reform U.S. commodity programs with the 2007 farm bill.  In this paper, we estimate revenue variability—year-to-year deviations from expected revenue—for corn, soybeans, and cotton at four levels of aggregation:  national, state, county and farm.  We examine the factors that cause revenue variability and how differences across crops and regions would affect producers’ risks.   We find that national-level revenue variability is nearly double national-level yield variability.  Spatial disaggregation increases price and yield variability, but yield variability increases more rapidly than price and revenue variability.  A hypothetical national-level revenue program would reduce risk at the average farm-level by slightly more than 8 percent for corn, about 7 percent for soybeans and about 21 percent for cotton.  If one integrates farm-level revenue coverage with the national-level program the percent risk reduction more than doubles for both corn and soybeans.  Although the increase in risk reduction between the simple national and the integrated program is proportionately less for cotton, the total risk reduction for cotton is the greatest among the three crops.	
Tipo: 	Conference Paper or Presentation	
Idioma: 	Inglês	
Identificador: 	26210

http://purl.umn.edu/9759	
Editor: 	AgEcon Search	
Relação: 	American Agricultural Economics Association&gt;2007 Annual Meeting, July 29-August 1, 2007, Portland, Oregon

Selected Paper 174500	
Formato: 	27

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