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Instability, Supply Response and Insurance in Oilseeds Production in India AgEcon
Pandey, L.M.; Kumar, Sant; Mruthyunjaya.
Yield and price instability and covariate risks have been examined for major oilseeds, viz. groundnut, rapeseed/mustard, sunflower and soybean, in selected states of India using time series data. Risk behaviour and effects of price and price risk on production have been analyzed in a rational expectations framework. The study has also estimated social gains from yield and revenue insurance in oilseeds. While instabilities in yield, prices and gross return have shown mixed responses, covariate risks have increased. The results of econometric analysis have indicated that the expected prices and price risk are important determinants of oilseeds production. Price elasticities of oilseed production have been found to vary between 0.26 and 0.88 and price risk...
Tipo: Journal Article Palavras-chave: Oilseeds; Instability; Covariate risks; Rational expectation; Production response; Risk effect; Insurance market; Social benefits; Agricultural and Food Policy.
Ano: 2005 URL: http://purl.umn.edu/58464
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Rice Production Response in Cambodia AgEcon
Yu, Bingxin; Fan, Shenggen.
This paper analyzes how Cambodian farmers and the government can respond to the rise of rice price. The study estimates rice production response in Cambodia using the Cambodia Socio-Economic Surveys (CSES) conducted in 2004 and 2007. The results indicate that agricultural productivity is far from its potential and can be increased substantially by using modern technology and inputs such as fertilizers and irrigation. Our findings also suggest that the Cambodian government needs to design its investment strategy to relax constraints in rural infrastructure such as transportation and electricity in order to increase its agricultural production and productivity and boost farmers’ income.
Tipo: Conference Paper or Presentation Palavras-chave: Production response; Government investment; Price; Rice; Cambodia; Agricultural and Food Policy; Crop Production/Industries; Food Security and Poverty; Production Economics; C21; O13; Q1.
Ano: 2009 URL: http://purl.umn.edu/51042
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