ACREAGE RESPONSE TO RISK: THE CASE OF MAIZE AND WHEAT IN THE SOUTH AFRICA

Autor: Rashid M. Hassan, B. BenBelhassen, Daneswar Poonyth
Rok vydání: 2001
Předmět:
Zdroj: Agrekon. 40:717-727
ISSN: 2078-0400
0303-1853
DOI: 10.1080/03031853.2001.9524987
Popis: Price and yield risk factors were incorporated into an econometric model to analyse area allocations to maize and wheat crops in South Africa under uncertainty. Results of this study suggest that maize and wheat producers are risk-averse and both price and yield risks are important determinants in farmers' area allocation decisions.
Databáze: OpenAIRE