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Analyzing the Determinants of Technical Efficiency Among Traditional Dairy Farms in Wisconsin: A Quantile Regression Approach AgEcon
Chidmi, Benaissa; Solis, Daniel; Funtanilla, Margil; Cabrera, Victor E..
This study analyzes the determinants of TE among traditional dairy farms in the State of Wisconsin taking into account dairy farms’ heterogeneity. To do so, we first estimate a production frontier and the level of TE using the SPF framework. Then we analyze the determinants of TI using a quantile regression analysis. The results indicate that the determinants of TE affect in very specific ways farmers with different levels of TE. This result confirms our hypothesis on the importance of controlling for farm heterogeneity when analyzing the determinants of TE. This issue is also important from an empirical point of view. Policy makers could improve the effectiveness of their work by targeting specific agricultural services and aid designed for farmers with...
Tipo: Conference Paper or Presentation Palavras-chave: Technical efficiency; Dairy; Quantile regression; Agribusiness; Agricultural and Food Policy; Marketing; Production Economics; Productivity Analysis.
Ano: 2010 URL: http://purl.umn.edu/61320
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The Effect of Traditional Practices in the Efficiency of Dairy Farms in Wisconsin AgEcon
Cabrera, Victor E.; Solis, Daniel; del Corral, Julio.
The US dairy sector is facing structural changes including a geographical shift in dairy production and a tendency towards the implementation of more intensive production systems. These changes might significantly affect farm efficiency, profitability and the long-term economic sustainability of the dairy sector, especially in more traditional dairy production areas. Consequently, the goal of this study was to examine the impact of practices commonly used by dairy farmers and the effect of intensification on the performance of the farms. We used a sample of 273 Wisconsin dairy farms to estimate a stochastic production frontier simultaneously with a technical inefficiency model. The empirical analysis showed that at a commercial level the administration of...
Tipo: Conference Paper or Presentation Palavras-chave: Technical inefficiency; Stochastic production frontier; Intensification; Livestock Production/Industries; Productivity Analysis.
Ano: 2009 URL: http://purl.umn.edu/55373
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Optimal Crop-Insurance Strategies under Climate Variability: Contrasting Insurer and Farmer Interests AgEcon
Cabrera, Victor E.; Solis, Daniel; Letson, David.
This study analyzes the potential synergies and conflicts of interest between farmers and insurers in the selection of an optimal crop insurance contract. Special attention is given to how climate information influences this decision-making process. To do so, we consider a representative 40 hectares, rainfed, cotton-peanut farm located in Jackson County in Florida. Our results show that year-to-year ENSO-based climate variability affects farmers’ income and insurers’ gains according to crop insurance contracts. Additionally, introduction of ENSO-based climate forecasts presents a significant impact on the selection of a particular contract. We conclude that insurers and farmers can bridge their divergent interests by improving their understanding of the...
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy; Risk and Uncertainty.
Ano: 2007 URL: http://purl.umn.edu/9708
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Livestock Gross Margin Insurance for Dairy Cattle: An Analysis of Program Performance and Cost under Alternative Policy Configurations AgEcon
Cabrera, Victor E.; Gould, Brian W.; Valvekar, Mayuri.
Livestock Gross Margin insurance for dairy cattle (LGM-Dairy) is a risk management tool that can be used to insure a lower bound on a dairy producer’s gross margin. In this paper we (1) review the basic structure of LGM-Dairy (2) examine the sensitivity of Gross Margin Guarantee (GMG) and premium to changes in feeding regimes and (3) quantify impacts of changes in deductible level on important program characteristics.
Tipo: Conference Paper or Presentation Palavras-chave: Dairy Price Risk; Uncertainty; Livestock Insurance.; Agribusiness; Farm Management; Financial Economics; Livestock Production/Industries; Production Economics; Risk and Uncertainty.
Ano: 2009 URL: http://purl.umn.edu/49262
Registros recuperados: 4
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