PRODUCTION RISK REVISITED IN A STOCHASTIC FRONTIER FRAMEWORK: EVALUATING NOISE AND INEFFICIENCY IN COVER CROP SYSTEMS

Edward Jaenicke and James Larson ()

No 20477, 2001 Annual meeting, August 5-8, Chicago, IL from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This paper investigates both risk and technical inefficiency in a general stochastic frontier framework that is consistent with the Just-Pope framework. After applying the model to two separate cash crop-cover crop systems, the more general stochastic frontier model is found to reorder the noisiness of alternative cover crop regimes.

Keywords: Crop Production/Industries; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 31
Date: 2001
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea01:20477

DOI: 10.22004/ag.econ.20477

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