Data/hora: 10/06/2024 14:56:36

Provedor de dados: 	31	
País: 	United States	
Título: 	Farm-Level Risk Management Using Irrigation and Weather Derivatives	
Autores: 	Lin,   Shanshan; Mullen,   Jeffrey D.; Hoogenboom,   Gerrit.	
Data: 	2009-01-22	
Ano: 	2008	
Palavras-chave: 	Irrigation risk management; Water pricing policy; Weather derivative contract; Agribusiness; Environmental Economics and Policy; Farm Management; Food Consumption/Nutrition/Food Safety; D8; G22; Q15; Q25.	
Resumo: 	An agronomic crop growth model—the Decision Support System for Agro-Technology Transfer—and a constant relative risk aversion utility function are used to examine corn irrigation strategies in Mitchell County, Georgia. Precipitation contracts are designed to help farmers manage risk. Three conclusions originate from the findings. First, the optimal irrigation strategy can greatly increase producers’ certainty-equivalent revenue. Second, changes in water pricing policy would have a limited impact on the amount of water used. And third, across levels of risk preference, the precipitation contracts are not effective in increasing certainty-equivalent revenue or reducing cumulative water use.	
Tipo: 	Journal Article	
Idioma: 	Inglês	
Identificador: 	http://purl.umn.edu/46986	
Relação: 	Journal of Agricultural and Applied Economics&gt;Volume 40, Number 02, August 2008	
Formato: 	8