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Registros recuperados: 12 | |
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Liesivaara, Petri; Myyra, Sami; Jaakkola, Antti. |
Whole-farm income insurances are promoted in the new post-2013 Common Agricultural Policy (CAP). The current Crop Damage Compensation (CDC) scheme in Finland covers crop failure for farmers who have suffered losses and applied for the payments. This paper analyses the use of the Income Stabilisation Tool (IST) and compares it to the current CDC scheme in Finland. The Finnish Farm Accountancy Data Network (FADN) is used to simulate the costs of IST compensation payments. Special attention is paid to pig farms and their possibilities to manipulate the IST. Results show that the IST is triggered with a high frequency on Finnish farms. The IST would be more costly than the current CDC programme. The results also suggest that the IST would act as an income... |
Tipo: Presentation |
Palavras-chave: Income stabilization tool; Moral hazard; Farm Accountancy Data Network; Farm Management; Risk and Uncertainty; Q14. |
Ano: 2012 |
URL: http://purl.umn.edu/122537 |
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Pouta, Eija; Myyra, Sami; Hanninen, Harri. |
Landowner classifications based on their objectives have been used to describe the heterogeneous group of landowners. As the accurate information on landowners preferences is essential in policy planning and evaluation of the effects of various policy instruments, there is a need to develop feasible methods for classifying land owners. In this study we apply objective based classification to farmland owners using the data of Finnish farmland owners. We compare two classification methods, traditional cluster analysis and latent class analysis, in terms of their criterion validity. The comparison of criterion validity, consisting from convergent, concurrent, discriminant and predictive components of validity, revealed that latent class analysis was superior... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Heterogeneous; Farmland owners; Classification; Agricultural and Food Policy; Environmental Economics and Policy. |
Ano: 2009 |
URL: http://purl.umn.edu/50787 |
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Myyra, Sami; Pietola, Kyosti. |
This article solves and characterizes optimal decision rules to invest in irreversible land improvements conditional on land tenure insecurity. Economic model is a normative dynamic programming model with known parameter for the one period returns and transition equations. The decision rules are solved numerically conditional on alternative scenarios on the likelihood that the lease contract and, thus, farmer access to land is either renewed or expires. The model parameters represent Finnish soil quality and production conditions. The results suggest that irreversible land improvements decrease quickly and the yields decline gradually when the farmer is confronted with land tenure insecurity caused by uncertain renewal of the lease contract. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Agriculture; Dynamic programming; Land Economics/Use; Q15; Q21. |
Ano: 2005 |
URL: http://purl.umn.edu/24633 |
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Myyra, Sami; Pietola, Kyosti. |
This article solves and characterizes optimal decision rules to invest in irreversible land improvements conditional on land tenure insecurity. Economic model is a normative dynamic programming model with known parameters for the one period returns and transition equations. The optimal decision rules for liming are solved numerically, conditional on alternative scenarios on the likelihood that the lease contract and, thus, farmer access to land is either renewed or expired. The model parameters represent Finnish soil quality and production conditions. The results suggest that irreversible liming decreases quickly and the yields decline gradually, when the farmer is confronted with land tenure insecurity caused by uncertain renewal of the lease contract.... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Land tenure; Liming; Land Economics/Use. |
Ano: 2005 |
URL: http://purl.umn.edu/24418 |
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Myyra, Sami; Pietola, Kyosti. |
This article explores long-term land improvement (lime application) under land tenure insecurity on leased land. The dynamic optimisation problem is solved by a stochastic dynamic programming routine with known parameters for one-period returns and transition equations. The model parameters represent Finnish soil quality and production conditions. The farmer's decision rules are solved for alternative likelihood scenarios over the continuation of the fixed term lease contract. The results suggest that, as the probability for non-renewal of the lease contract increases, farmers quickly decrease investments in irreversible land improvement and, thereafter, yields decline gradually. The estimated decision rules are a part of larger set of farmer's decision... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Dynamic programming; Land tenure; Land improvements; Land Economics/Use. |
Ano: 2006 |
URL: http://purl.umn.edu/31954 |
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Pietola, Kyosti; Myyra, Sami; Pouta, Eija. |
Capital gains taxes are likely to distort the market and resource allocations through so called “lock-in” effect, meaning discouraging trade transactions that trigger the tax payments. When it comes to agricultural land, the lock-in effect implies that the land ownership and active farming deviate from each other and, as a result, land tenancy increases. Increasing land tenancy and land tenure insecurity incur a significant social cost, because they deplete productivity of land by discouraging and delaying irreversible land improvements that would be necessary for maintaining land productivity. This study estimates the fiscal effects of reduction in capital gains taxes imposed on land sales and provides grounds for optimizing the tax scheme. The results... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Capital gains tax; Land sales; Agricultural and Food Policy. |
Ano: 2009 |
URL: http://purl.umn.edu/50953 |
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Myyra, Sami; Pietola, Kyosti. |
This paper tests for the extent of moral hazard problem within a Crop Damage Compensation (CDC) program that is similar to traditional multi peril crop insurances but is publicly funded and openly accessible for all farmers in Finland. We further estimate the potential of using the observed farmer and farm characteristics in ranking and classifying farms according to their incidence towards losses when they are protected. The data are the claimed and granted indemnity payments for each farm over the fifteen year period of 1995-2009. These data are complemented by data on total farm population in 2005. The data suggest that most of the farmers (60%) have not made any claims in the CDC program over the 15 year period. Those farms that claimed compensation... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Farm Management; Risk and Uncertainty. |
Ano: 2011 |
URL: http://purl.umn.edu/114632 |
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Registros recuperados: 12 | |
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