Stochastic Technology In A Programming Framework: A Generalised Mean‐Variance Farm Model
Author
Abstract
Suggested Citation
DOI: 10.1111/j.1477-9552.1990.tb00635.x
Download full text from publisher
References listed on IDEAS
- P. B. R. Hazell, 1971. "A Linear Alternative to Quadratic and Semivariance Programming for Farm Planning under Uncertainty: Reply," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 53(4), pages 664-665.
- Batra, Raveendra N & Ullah, Aman, 1974. "Competitive Firm and the Theory of Input Demand under Price Uncertainty," Journal of Political Economy, University of Chicago Press, vol. 82(3), pages 537-548, May/June.
- John M. Antle, 1987. "Econometric Estimation of Producers' Risk Attitudes," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 69(3), pages 509-522.
- Hausman, Jerry, 2015.
"Specification tests in econometrics,"
Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 38(2), pages 112-134.
- Hausman, Jerry A, 1978. "Specification Tests in Econometrics," Econometrica, Econometric Society, vol. 46(6), pages 1251-1271, November.
- J. A. Hausman, 1976. "Specification Tests in Econometrics," Working papers 185, Massachusetts Institute of Technology (MIT), Department of Economics.
- Sandmo, Agnar, 1971.
"On the Theory of the Competitive Firm under Price Uncertainty,"
American Economic Review, American Economic Association, vol. 61(1), pages 65-73, March.
- SANDMO, Agnar, 1971. "On the theory of the competitive firm under price uncertainty," LIDAM Reprints CORE 80, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Richard E. Just & Rulon D. Pope, 1979. "Production Function Estimation and Related Risk Considerations," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(2), pages 276-284.
- Blair, Roger D. & Lusky, Rafael, 1975. "A note on the influence of uncertainty on estimation of production function models," Journal of Econometrics, Elsevier, vol. 3(4), pages 391-394, November.
- Wayne A. Fuller, 1965. "Stochastic Fertilizer Production Functions for Continuous Corn," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 47(1), pages 105-119.
- Antle, John M, 1983. "Testing the Stochastic Structure of Production: A Flexible Moment-based Approach," Journal of Business & Economic Statistics, American Statistical Association, vol. 1(3), pages 192-201, July.
- ZELLNER, Arnold & KMENTA, Jan & DREZE, Jacques H., 1966. "Specification and estimation of Cobb-Douglas production function models," LIDAM Reprints CORE 12, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Ogada, Maurice Juma & Nyangena, Wilfred & Yesuf, Mahmud, 2010. "Production risk and farm technology adoption in the rain-fed semi-arid lands of Kenya," Journal of Cooperatives, NCERA-210, vol. 4(2), June.
- Fufa, B. & Hassan, Rashid M., 2003. "Stochastic maize production technology and production risk analysis in Dadar district, East Ethiopia," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 42(2), pages 1-13, June.
- Ogada, Maurice Juma & Nyangena, Wilfred & Yesuf, Mahmud, 2010. "Production risk and farm technology adoption in the rain-fed semi-arid lands of Kenya," African Journal of Agricultural and Resource Economics, African Association of Agricultural Economists, vol. 4(2), pages 1-16, June.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Hassan, Rashid M. & Hallam, Arne & D'Silva, B., 1988. "Stochastic Technology in a Programming Framework: A Generalized E. V. Model," 1988 Annual Meeting, August 1-3, Knoxville, Tennessee 270212, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Peter E. Rossi, 1984. "Stochastic Specification of Cost and Production Relationships," Discussion Papers 616, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Phoebe Koundouri, 2004.
"Current Issues in the Economics of Groundwater Resource Management,"
Journal of Economic Surveys, Wiley Blackwell, vol. 18(5), pages 703-740, December.
- Phoebe Koundouri, 2004. "Current issues in the economics of groundwater resource management," DEOS Working Papers 0402, Athens University of Economics and Business.
- Koundouri, Phoebe, 2004. "Current issues in the economics of groundwater resource management," MPRA Paper 38425, University Library of Munich, Germany.
- Celine Nauges & Phoebe Koundouri & Vangelis Tzouvelekas, 2004. "Endogenous Technology Adoption Under Production Risk: Theory and Application to Irrigation Technology," Working Papers 0411, University of Crete, Department of Economics.
- Vollenweider, Xavier & Di Falco, Salvatore & O'Donoghue, Cathal, 2011.
"The Impact Of Risk On The Inequality: Evidences From The Irish Agricultural Sector,"
2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland
115553, European Association of Agricultural Economists.
- Xavier Vollenweider & Salvatore Di Falco & Cathal O�Donoghue, 2011. "The impact of risk on inequality: evidence from the Irish agricultural sector," GRI Working Papers 47, Grantham Research Institute on Climate Change and the Environment.
- Vollenweider, Xavier & Di Falco, Salvatore & O’Donoghue, Cathal, 2011. "The impact of risk on inequality: evidence from the Irish agricultural sector," LSE Research Online Documents on Economics 37584, London School of Economics and Political Science, LSE Library.
- Park, Timothy A. & Antonovitz, Frances, 1991. "Econometric Tests Of Firm Decision Making Under Uncertainty: Optimal Output And Hedging Decisions," 1991 Annual Meeting, August 4-7, Manhattan, Kansas 271264, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Hassan, Rashid M. & D'Silva, Brian & Hallam, A., 1989. "Normative Supply Response Analysis under Production Uncertainty: Irrigated Multicrop Farming Sector of Sudan," 1989 Occasional Paper Series No. 5 197677, International Association of Agricultural Economists.
- Bakhshoodeh, Mohamad & Shajari, S., 2006. "Adoption of New Seed Varieties Under Production Risk: An Application to Rice in Iran," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25578, International Association of Agricultural Economists.
- Lien, Gudbrand & Kumbhakar, Subal C. & Mishra, Ashok K. & Hardaker, J. Brian, 2022. "Does risk management affect productivity of organic rice farmers in India? Evidence from a semiparametric production model," European Journal of Operational Research, Elsevier, vol. 303(3), pages 1392-1402.
- Prosper F. Bangwayo‐Skeete & Mintewab Bezabih & Precious Zikhali, 2012. "Crop biodiversity, productivity and production risk: Panel data micro‐evidence from Ethiopia," Natural Resources Forum, Blackwell Publishing, vol. 36(4), pages 263-273, November.
- Kim, Kwansoo & Chavas, Jean-Paul, 2003.
"Technological change and risk management: an application to the economics of corn production,"
Agricultural Economics, Blackwell, vol. 29(2), pages 125-142, October.
- Kim, Kwansoo & Chavas, Jean-Paul, 2001. "Technological Change And Risk Management: An Application To The Economics Of Corn Production," 2001 Annual meeting, August 5-8, Chicago, IL 20605, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Musser, Wesley N., 1994. "Progress In Risk Analysis In Regional Projects," 1994 Quantifying Long Run Agricultural Risks and Evaluating Farmer Responses Risk, Technical Committee Meeting, March 24-26, 1994, Gulf Shores State Park, Alabama 271553, Regional Research Projects > S-232: Quantifying Long Run Agricultural Risks and Evaluating Farmer Responses to Risk.
- Luigi Biagini & Simone Severini, 2022. "How Does the Farmer Strike a Balance between Income and Risk across Inputs? An Application in Italian Field Crop Farms," Sustainability, MDPI, vol. 14(23), pages 1-15, December.
- Kedar Kulkarni & David Rossi, 2023. "Determinants of downside risk exposure: An analysis of Korean rice farms using partial and quantile moments," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 45(3), pages 1356-1373, September.
- Phoebe Koundouri & Marita Laukkanen, 2004.
"Stochastic Production in a Regulated Fishery:The Importance of Risk Considerations,"
DEOS Working Papers
0403, Athens University of Economics and Business.
- Koundouri, Phoebe & Laukkanen, Marita, 2004. "Stochastic Production in a Regulated Fishery:The Importance of Risk Considerations," MPRA Paper 41912, University Library of Munich, Germany.
- Xavier Vollenweider & Salvatore Di Falco & Cathal O�Donoghue, 2011.
"Risk preferences and voluntary agrienvironmental schemes: does risk aversion explain the uptake of the Rural Environment Protection Scheme?,"
GRI Working Papers
48, Grantham Research Institute on Climate Change and the Environment.
- Vollenweider, Xavier & Di Falco, Salvatore & O'Donoghue, Cathal, 2011. "Risk Preferences and Voluntary Agri-environmental Schemes: Does Risk Aversion Explain the Uptake of the Rural Environment Protection Scheme?," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 115552, European Association of Agricultural Economists.
- Vollenweider, Xavier & Di Falco, Salvatore & O’Donoghue, Cathal, 2011. "Risk preferences and voluntary agri-environmental schemes: does risk aversion explain the uptake of the Rural Environment Protection Scheme?," LSE Research Online Documents on Economics 37585, London School of Economics and Political Science, LSE Library.
- Rulon D. Pope & Richard E. Just, 1977.
"On The Competitive Firm Under Production Uncertainty,"
Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 21(2), pages 111-118, August.
- Pope, Rulon D. & Just, Richard E., 1977. "On The Competitive Firm Under Production Uncertainty," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 21(2), pages 1-8, August.
- Antle, John M., 1983. "Production Dynamics, Uncertainty, and Agricultural Decision Analysis," Working Papers 225705, University of California, Davis, Department of Agricultural and Resource Economics.
- Mintewab Bezabih & Remidius Ruhinduka & Mare Sarr, 2016. "Climate change perception and system of rice intensification (SRI) impact on dispersion and downside risk: a moment approximation approach," GRI Working Papers 256, Grantham Research Institute on Climate Change and the Environment.
- Ben Groom & Phoebe Koundouri & Celine Nauges & Alban Thomas, 2008. "The story of the moment: risk averse cypriot farmers respond to drought management," Applied Economics, Taylor & Francis Journals, vol. 40(3), pages 315-326.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:jageco:v:41:y:1990:i:2:p:196-206. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0021-857X .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.