Estimating risk aversion coefficients for dry land wheat, irrigated corn and dairy producers in Kansas

Abdullahi Abdulkadri
Authors registered in the RePEc Author Service: Allen Featherstone

Applied Economics, 2003, vol. 35, issue 7, 825-834

Abstract: The risk attitudes of dry land wheat, irrigated corn, and dairy producers in Kansas are examined using the nonlinear mean-standard deviation approach. Results of analyses indicated that dryland wheat and dairy producers are characterized by increasing absolute and increasing relative risk aversion while irrigated corn producers are characterized by constant absolute and increasing relative risk aversion. Both crop enterprises exhibited constant returns to scale technology while the dairy enterprise exhibited decreasing returns to scale. Gross farm income was significant and positively related to relative risk aversion.

Date: 2003
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/0003648032000050612 (text/html)
Access to full text is restricted to subscribers.

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:taf:applec:v:35:y:2003:i:7:p:825-834

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEC20

DOI: 10.1080/0003648032000050612

Access Statistics for this article

Applied Economics is currently edited by Anita Phillips

More articles in Applied Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().