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Titolo:
An economic analysis of corn yield, corn profitability, and risk at the edge of the Corn Belt
Autore:
Chavas, JP; Kim, K; Lauer, JG; Klemme, RM; Bland, WL;
Indirizzi:
Univ Wisconsin, Coll Agr & Life Sci, Dept Agr & Appl Econ, Madison, WI 53706 USA Univ Wisconsin Madison WI USA 53706 gr & Appl Econ, Madison, WI 53706 USA Univ Wisconsin, Coll Agr & Life Sci, Dept Agron, Madison, WI 53706 USA Univ Wisconsin Madison WI USA 53706 ci, Dept Agron, Madison, WI 53706 USA Univ Wisconsin, Dept Soil Sci, Madison, WI 53706 USA Univ Wisconsin Madison WI USA 53706 Dept Soil Sci, Madison, WI 53706 USA
Titolo Testata:
JOURNAL OF AGRICULTURAL AND RESOURCE ECONOMICS
fascicolo: 1, volume: 26, anno: 2001,
pagine: 230 - 247
SICI:
1068-5502(200107)26:1<230:AEAOCY>2.0.ZU;2-V
Fonte:
ISI
Lingua:
ENG
Soggetto:
CLIMATIC-CHANGE; WEATHER VARIABILITY; AGRICULTURE; TECHNOLOGY; UTILITY; MODELS; HETEROSKEDASTICITY; MAXIMIZATION; PREFERENCES; MINNESOTA;
Keywords:
climate; corn; crop yield; farm profitability; management practices; risk; technology;
Tipo documento:
Article
Natura:
Periodico
Settore Disciplinare:
Agriculture,Biology & Environmental Sciences
Social & Behavioral Sciences
Citazioni:
31
Recensione:
Indirizzi per estratti:
Indirizzo: Chavas, JP Univ Wisconsin, Coll Agr & Life Sci, Dept Agr & Appl Econ, Madison, WI 53706 USA Univ Wisconsin Madison WI USA 53706 con, Madison, WI 53706 USA
Citazione:
J.P. Chavas et al., "An economic analysis of corn yield, corn profitability, and risk at the edge of the Corn Belt", J AGR RESOU, 26(1), 2001, pp. 230-247

Abstract

This study investigates the recent evolution of corn yield, with a specialfocus on the tradeoff between corn profitability and risk. The analysis relies on time-series data from Wisconsin experimental farms at the edge of the Corn Belt. An econometric model of corn yield, corn grain moisture, and corn profitability is specified. Both conditional means and conditional variances are estimated for different sites in Wisconsin. The empirical analysis shows the changes in corn yield and profit over time and across space. The evidence suggests that yield trends are due mostly to technical progress, with smaller effects generated by climate change. On average, corn yield and profitability have improved faster in northern Wisconsin than in the Com Belt. However, risk has also increased faster. Results show that the choice of corn hybrid maturity makes it easier to manage risk in the Corn Belt than in northern Wisconsin.

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Documento generato il 04/04/20 alle ore 14:26:49