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Adoption of Environmental Management Systems by Farmers: An Empirical Application to ISO 14001 AgEcon
Grolleau, Gilles; Thomas, Alban.
This article undertakes an empirical investigation of the determinants of voluntary adoption of the ISO 14001 environmental management system by French farmers. The adoption model incorporates the expected profitability of implementing the standard and investigates the impact of prior knowledge on the probability of adopting. Two information measures are considered: a “reported information” indicator and an “estimated knowledge” score. The probit parameter estimates reveal that, while the expected profitability of implementing the standard is a significant determinant of adoption, real and perceive prior knowledge measures play a significant but potentially counterintuitive role.
Tipo: Journal Article Palavras-chave: Environmental management system; ISO 14001; Management-based approach; Probit model; Environmental Economics and Policy; Farm Management; O33; Q16; Q29.
Ano: 2007 URL: http://purl.umn.edu/6323
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AJAE Appendix: Regulating Nitrogen Pollution with Risk-Averse Farmers under Hidden Information and Moral Hazard AgEcon
Bontems, Philippe; Thomas, Alban.
The material contained herein is supplementary to the article named in the title and published in the American Journal of Agricultural Economics, Volume 88, Number 1, February 2006.
Tipo: Journal Article Palavras-chave: Environmental Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/7403
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Estimating a production function under production and price risks: An application to the suckler cow farms in the French charolais production area AgEcon
Mosnier, Claire; Reynaud, Arnaud; Thomas, Alban; Lherm, Michel; Agabriel, Jacques.
Suckler cow production in France relies mainly on a relatively extensive management of forage, implying that production risk may be enhanced by the sensitivity of those crops to weather variability. However risk exposure is supposed to be mitigated either through ex-ante decisions concerning pasture area management or through ex-post decisions concerning the purchase of feeds. This paper aims at assessing weather impacts on cattle production level decisions. Since farmers' decisions depend on farmers' behaviour regarding risks, which are namely production and price risks, we test constant absolute risk aversion, constant relative risk aversion and risk neutrality assumptions. We develop an econometric model encompassing an auto-regressive price function...
Tipo: Conference Paper or Presentation Palavras-chave: Production function estimation; GMM; Weather impact; Price and production risks; Risk aversion; Suckler cow farms; French charolais production area; Livestock Production/Industries; Production Economics.
Ano: 2007 URL: http://purl.umn.edu/9246
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INFORMATION VALUE AND RISK PREMIUM IN AGRICULTURAL PRODUCTION UNDER RISK: THE CASE OF SPLIT NITROGEN APPLICATION FOR CORN AgEcon
Thomas, Alban; Bontems, Philippe.
This paper considers an agricultural production model of sequential nitrogen application under risk. Because of random shocks between successive production stages, optimal fertilization decisions depend on the magnitude of farmers' risk aversion (risk premium), and the possibility for farmers to process information (value of information). We propose a joint estimation procedure of technology and risk aversion parameters, using a structural, simulation-based econometric technique. Parameter estimates for the representative farmer's utility function allow to compute both the value of information and the risk premium for farmers. Those account together for about 30 percent of fertilizer cost for Midwest corn producers.
Tipo: Conference Paper or Presentation Palavras-chave: Research Methods/ Statistical Methods; Risk and Uncertainty.
Ano: 1998 URL: http://purl.umn.edu/20844
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Land Use, Production Growth, and the Institutional Environment of Smallholders: Evidence from Burkinabe Cotton Farmers AgEcon
Kaminski, Jonathan; Thomas, Alban.
The cotton boom in Burkina Faso consisted of a growth in cotton land shares together with an overall increase in total cultivated land. This paper examines the impact of institutional changes in the cotton sector on the evolution of smallholders’ land-use decisions. The empirical analysis is supported by a structural model that takes into account the specific institutional features of the Burkinabè cotton sector and builds upon household level data collected in rural Burkina Faso. We attribute most of the change in land use to the newly established institutional arrangements between producers and stakeholders, mechanization, and slackening of the food security constraint.
Tipo: Working or Discussion Paper Palavras-chave: Burkina Faso; Cotton; Land Use; Commodity Reform; Institutional Arrangements; Farm Management; Financial Economics; N57; 013; O33; Q15; Q18.
Ano: 2010 URL: http://purl.umn.edu/93136
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OPTIMAL REGULATION UNDER ASYMMETRIC INFORMATION AND RISK AVERSION WITH AN APPLICATION TO POLLUTION CONTROL AgEcon
Bontems, Philippe; Thomas, Alban.
We consider a general model of regulation for a risk-averse agent who observes her private-information parameter after the contract is signed. The latter specifies a quota for input used in production, whose decomposition among different production stages is unknown to the regulator. We characterize the optimal solution to the regulator problem, under general assumptions on net expected social surplus and the agent utility function. We apply the model to the case of pollution control by an environmental agency, where the agent is a risk-averse farmer facing production risk because of nitrogen leaching, and the private-information parameter measures the soil capacity in retaining nitrogen. The farmer sequential decision model is estimated on French crop...
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 2001 URL: http://purl.umn.edu/20727
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