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Revisiting the Evaluation of Robust Regression Techniques for Crop Yield Data Detrending

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  • Robert Finger

Abstract

Using a Monte Carlo experiment, the performance of the ordinary least squares (OLS) and the MM-estimator, a robust regression technique, is compared in an application of crop yield detrending. Assuming symmetric as well as skewed crop yield distributions, we show that the MM-estimator performs similarly to OLS for uncontaminated time series of crop yield data, and clearly outperforms OLS for outlier-contaminated samples. In contrast to earlier studies, our analysis suggests that robust regression techniques, such as the MM-estimator, should be reconsidered for detrending crop yield data. Copyright 2010, Oxford University Press.

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  • Robert Finger, 2010. "Revisiting the Evaluation of Robust Regression Techniques for Crop Yield Data Detrending," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 92(1), pages 205-211.
    • Handle: RePEc:oup:ajagec:v:92:y:2010:i:1:p:205-211
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    References listed on IDEAS

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    Cited by:

    1. Conradt, Sarah & Bokusheva, Raushan & Finger, Robert & Kussaiynov, Talgat, 2012. "Improving Accuracy of Technological Trend Estimations In Farm Yield Models by Taking Weather Effects Into Account," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 126662, International Association of Agricultural Economists.
    2. Böcker, Thomas Gerd & Finger, Robert, 2016. "A Meta-Analysis On The Own-Price Elasticity Of Demand For Pesticides," 56th Annual Conference, Bonn, Germany, September 28-30, 2016 244871, German Association of Agricultural Economists (GEWISOLA).
    3. Tor N. Tolhurst & Alan P. Ker, 2015. "On Technological Change in Crop Yields," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 97(1), pages 137-158.
    4. Borrello, M. & Cecchini, L. & Vecchio, R. & Caracciolo, F. & Cembalo, L. & Torquati, B., 2022. "Agricultural landscape certification as a market-driven tool to reward the provisioning of cultural ecosystem services," Ecological Economics, Elsevier, vol. 193(C).
    5. Yong Liu & A. Ford Ramsey, 2023. "Incorporating historical weather information in crop insurance rating," American Journal of Agricultural Economics, John Wiley & Sons, vol. 105(2), pages 546-575, March.
    6. Boyer, Christopher M. & Lambert, Dayton M. & Larson, James A. & Tyler, Donald, 2017. "Investment Analysis of Long-term Cover Crops and Tillage Systems on Cotton Production," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 258525, Agricultural and Applied Economics Association.
    7. Arata, Linda & Fabrizi, Enrico & Sckokai, Paolo, 2020. "A worldwide analysis of trend in crop yields and yield variability: Evidence from FAO data," Economic Modelling, Elsevier, vol. 90(C), pages 190-208.
    8. Finger, Robert, 2012. "Modeling the sensitivity of agricultural water use to price variability and climate change—An application to Swiss maize production," Agricultural Water Management, Elsevier, vol. 109(C), pages 135-143.
    9. Joseph Cooper & A. Nam Tran & Steven Wallander, 2017. "Testing for Specification Bias with a Flexible Fourier Transform Model for Crop Yields," American Journal of Agricultural Economics, John Wiley & Sons, vol. 99(3), pages 800-817, April.
    10. Ozaki, Vitor & Campos, Rogério, 2017. "Reduzindo a Incerteza no Mercado de Seguros: Uma Abordagem via Informações de Sensoriamento Remoto e Atuária," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 71(4), December.
    11. Boyer, Christopher N. & Harmon, Xavier & Smith, S. Aaron & Lambert, Dayton M. & Kelly, Heather & Jordan, Jamie & Newman, Melvin, 2016. "A Two-Stage Approach for Estimating the Value of Damage Control with Fungicide in Soybean Production," 2016 Annual Meeting, February 6-9, 2016, San Antonio, Texas 229574, Southern Agricultural Economics Association.
    12. Thomas G. Böcker & Robert Finger, 2017. "A Meta-Analysis on the Elasticity of Demand for Pesticides," Journal of Agricultural Economics, Wiley Blackwell, vol. 68(2), pages 518-533, June.
    13. Finger, Robert, 2012. "Nitrogen use and the effects of nitrogen taxation under consideration of production and price risks," Agricultural Systems, Elsevier, vol. 107(C), pages 13-20.
    14. Finger, Robert, 2011. "Reductions of Agricultural Nitrogen Use Under Consideration of Production and Price Risks," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114356, European Association of Agricultural Economists.
    15. Chen, Le & Rejesus, Roderick M. & Brown, Zachary S. & Boyer, Christopher M. & Larson, James A., 2020. "Adoption of Cover Crops under Uncertainty: A Real Options Method," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304391, Agricultural and Applied Economics Association.
    16. Duden, C. & Offermann, F., 2019. "Farmers' risk exposition and its drivers," 171st Seminar, September 5-6, 2019, Zürich, Switzerland 333722, European Association of Agricultural Economists.
    17. Robert Huber & Robert Finger, 2020. "A Meta‐analysis of the Willingness to Pay for Cultural Services from Grasslands in Europe," Journal of Agricultural Economics, Wiley Blackwell, vol. 71(2), pages 357-383, June.
    18. Huber, Robert & Tarruella, Marta & Schäfer, David & Finger, Robert, 2023. "Marginal climate change abatement costs in Swiss dairy production considering farm heterogeneity and interaction effects," Agricultural Systems, Elsevier, vol. 207(C).
    19. Löw, Philipp & Osterburg, Bernhard, 2024. "Evaluation of nitrogen balances and nitrogen use efficiencies on farm level of the German agricultural sector," Agricultural Systems, Elsevier, vol. 213(C).
    20. Robert Finger & Nadja El Benni, 2012. "A Note on Price Risks in Swiss Crop Production – Empirical Results and Comparisons with other Countries," Journal of Socio-Economics in Agriculture (Until 2015: Yearbook of Socioeconomics in Agriculture), Swiss Society for Agricultural Economics and Rural Sociology, vol. 5(1), pages 131-151.
    21. David Wuepper & Robert Huber, 2022. "Comparing effectiveness and return on investment of action‐ and results‐based agri‐environmental payments in Switzerland," American Journal of Agricultural Economics, John Wiley & Sons, vol. 104(5), pages 1585-1604, October.
    22. Conradt, Sarah & Bokusheva, Raushan & Finger, Robert & Kussaiynov, Talgat, 2012. "Yield trend estimation in the presence of non-constant technological change and weather effects," 123rd Seminar, February 23-24, 2012, Dublin, Ireland 122541, European Association of Agricultural Economists.
    23. Christopher N. Boyer & B. Wade Brorsen & Emmanuel Tumusiime, 2015. "Modeling skewness with the linear stochastic plateau model to determine optimal nitrogen rates," Agricultural Economics, International Association of Agricultural Economists, vol. 46(1), pages 1-10, January.

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