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Effects Of Alternative Measures Of Dispersion On Risk Efficient Farm Plans In A Motad Framework

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  • Persaud, Tillak
  • Mapp, Harry P. Jr.

Abstract

In this analysis, variations in net returns are measured in terms of deviations from the mean of the series, and negative deviations from an equally- and unequally-weighted moving averages in a MOTAD framework. Results reflect substantial differences in production activities, expected net returns and relative variability of the farm plan depending upon the method used to measure dispersion of net returns.

Suggested Citation

  • Persaud, Tillak & Mapp, Harry P. Jr., 1979. "Effects Of Alternative Measures Of Dispersion On Risk Efficient Farm Plans In A Motad Framework," 1979 Annual Meeting, July 29-August 1, Pullman, Washington 278200, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea79:278200
    DOI: 10.22004/ag.econ.278200
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    File URL: https://ageconsearch.umn.edu/record/278200/files/aaea-1979-061.pdf
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    References listed on IDEAS

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    1. Lars Brink & Bruce McCarl, 1978. "The Tradeoff between Expected Return and Risk Among Cornbelt Farmers," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 60(2), pages 259-263.
    2. Richard L. Simmons & Carlos Pomareda, 1975. "Equilibrium Quantity and Timing of Mexican Vegetable Exports," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(3), pages 472-479.
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    Cited by:

    1. Adams, Richard M. & Menkhaus, Dale J. & Woolery, Bruce A., 1980. "Alternative Parameter Specification In E, V Analysis: Implications For Farm Level Decision Making," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 5(1), pages 1-8, July.
    2. Gempesaw, Conrado M., II & Tambe, A.M. & Nayga, Rodolfo M., Jr. & Toensmeyer, Ulrich C., 1988. "The Single Index Market Model In Agriculture," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 17(2), pages 1-9, October.
    3. Young, Douglas L., 1980. "Evaluating Procedures For Computing Objective Risk From Historical Time Series," Risk Analysis in Agriculture: Research and Educational Developments, January 16-18, 1980, Tucson, Arizona 271471, Regional Research Projects > W-149: An Economic Evaluation of Managing Market Risks in Agriculture.
    4. Young, Douglas L., 1984. "Risk Aspects of Irrigation Decisions: Discussion," Regional Research Projects >1984: S-180 Annual Meeting, March 25-28, 1984, New Orleans, Louisiana 307238, Regional Research Projects > S-180: An Economic Analysis of Risk Management Strategies for Agricultural Production Firms.
    5. Zuckerkandel, Karen & Elterich, G. Joachim, 1983. "Risk and Return in Field Crops as Compared to Processing Vegetables on the Delmarva Peninsula," Journal of the Northeastern Agricultural Economics Council, Northeastern Agricultural and Resource Economics Association, vol. 12(2), pages 1-8.
    6. Zuckerkandel, Karen & Elterich, G. Joachim, 1983. "Risk and Return in Field Crops as Compared to Processing Vegetables on the Delmarva Peninsula," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 0(Number 2), pages 1-8.
    7. Helmers, Glenn A. & Atwood, Joseph & Watts, Myles J. & Held, Larry J., 1986. "Fixity and Capital Costing Assumptions in Agricultural Risk Research With Implications to Livestock," Regional Research Projects > 1986: S-180 Annual Meeting, March 23-26, 1986, Tampa, Florida 271999, Regional Research Projects > S-180: An Economic Analysis of Risk Management Strategies for Agricultural Production Firms.
    8. Persaud, Tillak & Mapp, Harry P., 1980. "Analysis Of Alternative Production And Marketing Strategies In Southwestern Oklahoma: A Motad Approach," Risk Analysis in Agriculture: Research and Educational Developments, January 16-18, 1980, Tucson, Arizona 271566, Regional Research Projects > W-149: An Economic Evaluation of Managing Market Risks in Agriculture.

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