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Production risks in Bulgarian peanut production AgEcon
Ligeon, Carel; Jolly, Curtis M.; Bencheva, Nelly; Delikostadinov, Stanko; Puppala, Naveen.
As farmers in a transition economy search for new crop enterprises with a potential for income enhancement they are faced with increased risks in the process of resource allocation. It has been noted that biased estimation of production function estimates results from the lack of accountability of risks. Since peanut production in Bulgaria has increased at a varying rate since 1989 it is important that we examine the risks associated with input use. The data for this study were collected from farmers from 18 villages in the southern part of Bulgaria. A total of 205 farmers were surveyed for this study. Peanut yield in Bulgaria is positively related to the quantity of seed used, fungicide, manual labor, investment level and mechanized labor used....
Tipo: Journal Article Palavras-chave: Agricultural and Food Policy.
Ano: 2009 URL: http://purl.umn.edu/93807
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