A Comprehensive Assessment of the Role of Risk in U.S. Agriculture PDF Download
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Author: Richard E. Just
Publisher: Springer Science & Business Media
ISBN: 1475735839
Category : Technology & Engineering
Languages : en
Pages : 580
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Book Description
After all the research on agricultural risk to date, the treatment of risk in agricultural research is far from harmonious. Many competing risk models have been proposed. Some new methodologies are largely untested. Some of the leading empirical methodologies in agricultural economic research are poorly suited for problems with aggregate data where risk averse behavior is less likely to be important. This book is intended to (i) define the current state of the literature on agricultural risk research, (ii) provide a critical evaluation of economic risk research on agriculture to date and (iii) set a research agenda that will meet future needs and prospects. This type of research promises to become of increasing importance because agricultural policy in the United States and elsewhere has decidedly shifted from explicit income support objectives to risk-related motivations of helping farmers deal with risk. Beginning with the 1996 Farm Bill, the primary set of policy instruments from U.S. agriculture has shifted from target prices and set aside acreage to agricultural crop insurance. Because this book is intended to have specific implications for U.S. agricultural policy, it has a decidedly domestic scope, but clearly many of the issues have application abroad. For each of the papers and topics included in this volume, individuals have been selected to give the strongest and broadest possible treatment of each facet of the problem. The result is this comprehensive reference book on the economics of agricultural risk.
Author: Richard E. Just
Publisher: Springer Science & Business Media
ISBN: 1475735839
Category : Technology & Engineering
Languages : en
Pages : 580
Get Book Here
Book Description
After all the research on agricultural risk to date, the treatment of risk in agricultural research is far from harmonious. Many competing risk models have been proposed. Some new methodologies are largely untested. Some of the leading empirical methodologies in agricultural economic research are poorly suited for problems with aggregate data where risk averse behavior is less likely to be important. This book is intended to (i) define the current state of the literature on agricultural risk research, (ii) provide a critical evaluation of economic risk research on agriculture to date and (iii) set a research agenda that will meet future needs and prospects. This type of research promises to become of increasing importance because agricultural policy in the United States and elsewhere has decidedly shifted from explicit income support objectives to risk-related motivations of helping farmers deal with risk. Beginning with the 1996 Farm Bill, the primary set of policy instruments from U.S. agriculture has shifted from target prices and set aside acreage to agricultural crop insurance. Because this book is intended to have specific implications for U.S. agricultural policy, it has a decidedly domestic scope, but clearly many of the issues have application abroad. For each of the papers and topics included in this volume, individuals have been selected to give the strongest and broadest possible treatment of each facet of the problem. The result is this comprehensive reference book on the economics of agricultural risk.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264116141
Category :
Languages : en
Pages : 257
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Book Description
This book examines the implications of risk management for policy in agriculture. Opening with a chapter on risk management principles and guidelines for policy design in agriculture, the book goes on to look at quantitative analysis of risk and then at policy in various countries.
Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
ISBN: 0309471699
Category : Science
Languages : en
Pages : 207
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Book Description
Climate change poses many challenges that affect society and the natural world. With these challenges, however, come opportunities to respond. By taking steps to adapt to and mitigate climate change, the risks to society and the impacts of continued climate change can be lessened. The National Climate Assessment, coordinated by the U.S. Global Change Research Program, is a mandated report intended to inform response decisions. Required to be developed every four years, these reports provide the most comprehensive and up-to-date evaluation of climate change impacts available for the United States, making them a unique and important climate change document. The draft Fourth National Climate Assessment (NCA4) report reviewed here addresses a wide range of topics of high importance to the United States and society more broadly, extending from human health and community well-being, to the built environment, to businesses and economies, to ecosystems and natural resources. This report evaluates the draft NCA4 to determine if it meets the requirements of the federal mandate, whether it provides accurate information grounded in the scientific literature, and whether it effectively communicates climate science, impacts, and responses for general audiences including the public, decision makers, and other stakeholders.
Author: Suhas Pralhad Wani
Publisher: CABI
ISBN: 1845934385
Category : Dry farming
Languages : en
Pages : 328
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Book Description
Rainfed agriculture is generally overlooked by development investors, researchers and policy makers due to limited confidence in its ability to increase agricultural production and development. However, research undertaken by a team of leading scientists from global organizations demonstrates its potential in achieving food security, improving livelihoods and most importantly addressing issues of equity and poverty reduction in dryland areas - the hot spots of poverty. On the basis of case studies from varied agricultural and ecological regions in Asia and Africa, chapters discuss the need for adopting new paradigms between rainfed and irrigated agriculture, catchment/micro-watershed management approaches, upgrades in science-based development and more investments in rainfed areas. Yield gaps for major rainfed crops are analysed globally and possible ways and means including technological, social, and institutional options to bridge the yield gaps are discussed in detail. Covering areas such as rainwater harvesting and its efficient use, the rehabilitation of degraded land and assessment methods for social, environmental and economic impacts, this book will be necessary for both academics and policy makers working in water management, agriculture and sustainable development.
Author: Victor J. Tremblay
Publisher: Edward Elgar Publishing
ISBN: 178471898X
Category : Economics
Languages : en
Pages : 483
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Book Description
The Handbook of Behavioral Industrial Organization integrates behavioral economics into industrial organization. Chapters cover concepts such as relative thinking, salience, shrouded attributes, cognitive dissonance, motivated reasoning, confirmation bias, overconfidence, status quo bias, social cooperation and identity. Additional chapters consider industry issues, such as sports and gambling industries, neuroeconomic studies of brands and advertising, and behavioral antitrust law. The Handbook features a wide array of methods (literature surveys, experimental and econometric research, and theoretical modelling), facilitating accessibility to a wide audience.
Author: B.R. Munier
Publisher: IOS Press
ISBN: 1614990379
Category : Business & Economics
Languages : en
Pages : 256
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Book Description
The recent global financial crisis exposed the serious limitations of existing economic and financial models. Not only did macro models fail to predict the crisis, they seemed incapable of explaining what was happening to the economy. Policymakers felt abandoned by the conventional tools of the now obsolete Washington consensus and the World Trade Organization’s oversimplified faith in free markets.The traditional models for agricultural commodities have so far failed to take into account the uncertain character of the global agricultural economy and its ferocious consequences in food price volatility, the worst in 300 years, yielding hunger riots throughout the world. This book explores the elements which could help to close this fundamental modeling gap. To what extent should traditional models be questioned regarding agricultural commodities? Are prices on these markets foreseeable? Can their evolution be either predicted or convincingly simulated, and if so, by which methods and models? Presenting contributions from acknowledged experts from several countries and backgrounds – professors at major international universities or researchers within specialized international organizations – the book concentrates on four issues: the role of expectations and capacity of prediction; policy issues related to development strategies and food security; the role of hoarding and speculation and finally, global modeling methods. The book offers a renewed wisdom on some of the core issues in the world economy today and puts forward important innovations in analyzing these core issues, among which the modular modeling design, the Momagri model being a seminal example of it. Reading this book should inspire fruitful revisions in policy-making to improve the welfare of populations worldwide.
Author: Tamra Pearson d'Estree
Publisher: Springer Science & Business Media
ISBN: 9781402081323
Category : Biography & Autobiography
Languages : en
Pages : 428
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Book Description
This thoughtful reference identifies, applies, and evaluates criteria to define success in complex multi-party natural resource disputes. The authors examine 28 "success" criteria from many angles, present a method for systematically considering all the elements necessary for successful environmental CR, and then apply this analytic framework to eight specific western U.S. water conflicts.
Author: Renan-Ulrich Goetz
Publisher: Springer Science & Business Media
ISBN: 0387300562
Category : Business & Economics
Languages : en
Pages : 289
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Book Description
Most of the books published previously in the field of water resource eco nomics focus on particular aspects of water economics such as institutions, pricing or water markets, but none of them have given particular attention to methodological questions. However, the applied methodology within economic research has made some remarkable advances over the last 10-20 years. Some of these advances are of particular interest to the field of water economics. Therefore, we think that a book that focusing on methodological advances within the field of water resource economics and showing how these advances can be applied in economic analysis of water issues makes a nice complement to the existing literature in this field. We identified five areas where we consider the methodological advances to be of particular importance: 1) asymmetric information and game theory, 2) un certainty, 3) space, 4) water quality and 5) production and technology adoption. The selected papers for the book fall entirely within these categories. The book ''Frontiers in Water Resource Economics" draws to a great extent on papers which were presented at the 7^^ Conference of the International Water and Re source Economics Consortium, June 3-5,2001 held in Girona, Catalonia, Spain, This conference was jointly organized with the 4^^ Conference of Environmen tal and Resource Economics by the Department of Economics, University of Girona.
Author:
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 292
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Book Description
Author: Ariel Dinar
Publisher: Springer Science & Business Media
ISBN: 9780792376927
Category : Science
Languages : en
Pages : 262
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Book Description
Colleagues and friends of Dan Yaron submitted the following tributes. While each submission comes from an individual who knew Dan in a very different way, they all remark on his immeasurable contributions to the field of agricultural eco nomics, his unique approach, which combines his training and experience with his scientific background, and the admirable professionalism and civility that was apparent in every project he undertook. His work, initially inspired by the chal lenge of farmers in the arid Negev, eventually took him to the United States to work with universities and to serve on commissions furnishing his research with global applicability. Dan is not only admired for his enormous contributions to the vast body of research available in his field, but also for the commitment and dedi cation he epitomized. He will be greatly missed by those of us who were fortunate enough to make his acquaintance. ELIFEINERMAN The Hebrew University of Jerusalem, Rehovot, Israel Dan Yaron, my teacher and mentor of blessed memory, was a man of wisdom, thought, counsel and deeds. His many talents, his endless energy and his ambition led him to blaze new trails in research, to ask the relevant questions while separat ing the wheat from the chaff, and to answer them while mastering the most ad vanced scientific analyses.
