REGIONAL AND FARM-LEVEL RISK ANALYSES WITH THE SINGLE-INDEX MODEL

Calum Turvey

Northeastern Journal of Agricultural and Resource Economics, 1991, vol. 20, issue 2, 8

Abstract: This paper estimates single-index model (SIM) beta coefficients for the major cash crops of Ontario's agricultural-producing counties. Beta coefficients are estimated using per acre gross revenues weighted by (1) the proportion of each crop planted in each county and (2) equal weights. The results show that sometimes substantial differences arise from these procedures. Implications for government policy and farm-level risk-management strategies are discussed. A practical approach for using SIM for farm management purposes is presented and the effects of systematic and nonsystematic risk are discussed.

Keywords: Risk; and; Uncertainty (search for similar items in EconPapers)
Date: 1991
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/29018/files/20020181.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:nejare:29018

DOI: 10.22004/ag.econ.29018

Access Statistics for this article

More articles in Northeastern Journal of Agricultural and Resource Economics from Northeastern Agricultural and Resource Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().