IDEAS home Printed from https://ideas.repec.org/a/eee/agisys/v165y2018icp33-43.html
   My bibliography  Save this article

Scale invariant behavior of cropping area losses

Author

Listed:
  • Torres-Rojo, Juan Manuel
  • Bahena-González, Roberto

Abstract

This paper shows how crop losses, display Self-Organized Critical Behavior, which implies that under a wide range of circumstances, these losses exhibit a power-law dependence on frequency in the affected area whose order of magnitude approximates those reported for extreme climate events. Self-Organized Critical Behavior has been observed in many extreme climate events, as well as in the density and distribution of pests linked to crop production. Empirical proof is provided by showing that the frequency-size distribution of the cropland loss fits the Pareto and the Weibull models with scaling exponents that are statistically similar to the expected value. In addition, the test included comparisons of the expected value and the predicted value of the scaling exponents among different subsystems and among systems of the same universality class. Results show that the Pareto model fits the heavy-tailed distribution of losses mostly caused by extreme climate events, while the Weibull model fits the whole distribution, including small events. The analyses show that crop losses adopt Self-Organized Critical Behavior regardless of the growing season and the water provision method (irrigated or rainfed). Irrigated systems show more stable behavior than rainfed systems, which display higher variability. The estimation is robust not only for calculating model parameters but also for testing the proximity to a power-law-like relationship.

Suggested Citation

  • Torres-Rojo, Juan Manuel & Bahena-González, Roberto, 2018. "Scale invariant behavior of cropping area losses," Agricultural Systems, Elsevier, vol. 165(C), pages 33-43.
  • Handle: RePEc:eee:agisys:v:165:y:2018:i:c:p:33-43
    DOI: 10.1016/j.agsy.2018.05.013
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0308521X17307588
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.agsy.2018.05.013?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Mills,Terence C. & Markellos,Raphael N., 2008. "The Econometric Modelling of Financial Time Series," Cambridge Books, Cambridge University Press, number 9780521710091, September.
    2. Moreno, Y & Gómez, J.B & Pacheco, A.F, 1999. "Self-organized criticality in a fibre-bundle-type model," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 274(3), pages 400-409.
    3. Bruce Malamud & Donald Turcotte, 1999. "Self-Organized Criticality Applied to Natural Hazards," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 20(2), pages 93-116, November.
    4. Nelson, Gerald C. & Rosegrant, Mark W. & Koo, Jawoo & Robertson, Richard & Sulser, Timothy & Zhu, Tingju & Ringler, Claudia & Msangi, Siwa & Palazzo, Amanda & Batka, Miroslav & Magalhaes, Marilia & Va, 2009. "Climate change: Impact on agriculture and costs of adaptation," Food policy reports 21, International Food Policy Research Institute (IFPRI).
    5. Barry J. Barnett & Olivier Mahul, 2007. "Weather Index Insurance for Agriculture and Rural Areas in Lower-Income Countries," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 89(5), pages 1241-1247.
    6. Mills,Terence C. & Markellos,Raphael N., 2008. "The Econometric Modelling of Financial Time Series," Cambridge Books, Cambridge University Press, number 9780521883818.
    Full references (including those not matched with items on IDEAS)

    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.
    1. Atilla Aydın, 2024. "Economic Factors Affecting the Collective Bargaining Agreement Coverage Rate in Turkey: Cointegration Approach," Istanbul Journal of Economics-Istanbul Iktisat Dergisi, Istanbul Journal of Economics-Istanbul Iktisat Dergisi, vol. 0(40), pages 134-150, June.
    2. Luca Bagnato & Valerio Potì & Maria Zoia, 2015. "The role of orthogonal polynomials in adjusting hyperpolic secant and logistic distributions to analyse financial asset returns," Statistical Papers, Springer, vol. 56(4), pages 1205-1234, November.
    3. Alberto Humala & Gabriel Rodriguez, 2013. "Some stylized facts of return in the foreign exchange and stock markets in Peru," Studies in Economics and Finance, Emerald Group Publishing Limited, vol. 30(2), pages 139-158, May.
    4. Stefanescu, Razvan & Dumitriu, Ramona, 2015. "Conţinutul analizei seriilor de timp financiare [The Essentials of the Analysis of Financial Time Series]," MPRA Paper 67175, University Library of Munich, Germany.
    5. Joe Hirschberg & Jenny Lye, 2021. "Estimating risk premiums for regulated firms when accounting for reference-day variation and high-order moments of return volatility," Environment Systems and Decisions, Springer, vol. 41(3), pages 455-467, September.
    6. De Santis, Paola & Drago, Carlo, 2014. "Asimmetria del rischio sistematico dei titoli immobiliari americani: nuove evidenze econometriche [Systematic Risk Asymmetry of the American Real Estate Securities: Some New Econometric Evidence]," MPRA Paper 59381, University Library of Munich, Germany.
    7. Mircea ASANDULUI, 2012. "On forecasting stock options volatility: evidence from London international financial futures and options exchange," Anale. Seria Stiinte Economice. Timisoara, Faculty of Economics, Tibiscus University in Timisoara, vol. 0, pages 505-511, May.
    8. Kundu, Srikanta & Paul, Amartya, 2022. "Effect of economic policy uncertainty on stock market return and volatility under heterogeneous market characteristics," International Review of Economics & Finance, Elsevier, vol. 80(C), pages 597-612.
    9. Wugan Cai & Jiafeng Pan, 2017. "Stochastic Differential Equation Models for the Price of European CO 2 Emissions Allowances," Sustainability, MDPI, vol. 9(2), pages 1-12, February.
    10. Slim Mseddi & Noureddine Benlagha, 2017. "An Analysis of Spillovers Between Islamic and Conventional Stock Bank Returns: Evidence from the GCC Countries," Multinational Finance Journal, Multinational Finance Journal, vol. 21(2), pages 91-132, June.
    11. Sánchez Lasheras, Fernando & de Cos Juez, Francisco Javier & Suárez Sánchez, Ana & Krzemień, Alicja & Riesgo Fernández, Pedro, 2015. "Forecasting the COMEX copper spot price by means of neural networks and ARIMA models," Resources Policy, Elsevier, vol. 45(C), pages 37-43.
    12. Rodrigo Alfaro & Natán Goldberger, 2012. "Cubrir o no Cubrir: ¿Ese es el Dilema?," Working Papers Central Bank of Chile 662, Central Bank of Chile.
    13. Vilém Novák & Soheyla Mirshahi, 2021. "On the Similarity and Dependence of Time Series," Mathematics, MDPI, vol. 9(5), pages 1-14, March.
    14. Nikolaos Vlastakis & George Dotsis & Raphael Markellos, 2008. "Nonlinear modelling of European football scores using support vector machines," Applied Economics, Taylor & Francis Journals, vol. 40(1), pages 111-118.
    15. Zoia, Maria Grazia & Biffi, Paola & Nicolussi, Federica, 2018. "Value at risk and expected shortfall based on Gram-Charlier-like expansions," Journal of Banking & Finance, Elsevier, vol. 93(C), pages 92-104.
    16. Mircea ASANDULUI, 2012. "A Multi-Horizon Comparison Of Volatility Forecasts: An Application To Stock Options Traded At Euronext Exchange Amsterdam," Review of Economic and Business Studies, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, issue 10, pages 179-190, December.
    17. Herwartz, Helmut, 2015. "Are GARCH innovations independent - a long term assessment for the S&P 500," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 113109, Verein für Socialpolitik / German Economic Association.
    18. Markellos, Raphael N. & Psychoyios, Dimitris, 2018. "Interest rate volatility and risk management: Evidence from CBOE Treasury options," The Quarterly Review of Economics and Finance, Elsevier, vol. 68(C), pages 190-202.
    19. GRITLI, Mohamed Ilyes, 2018. "Quel avenir du dinar tunisien face à l'euro ? Prévision avec le modèle ARIMA [What future of the Tunisian dinar against the euro? Prediction with the ARIMA model]," MPRA Paper 83937, University Library of Munich, Germany.
    20. Jiang, Shi-jie & Nieh, Chien-Chung, 2012. "Dynamics of underwriting profits: Evidence from the U.S. insurance market," International Review of Economics & Finance, Elsevier, vol. 21(1), pages 1-15.

    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:eee:agisys:v:165:y:2018:i:c:p:33-43. 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: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/agsy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.