The Effects of Crop Generic Resources and Biodiversity on Agricultural Production: An Empirical Study on Rice Farming

Kwansoo Kim, Donghwan An and Kwangseok Chae

No 21183, 2006 Annual meeting, July 23-26, Long Beach, CA from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This paper has investigated the effects of crop biodiversity on the mean and the variance of yield in rice production. It used panel data from 22 research stations of Rural Development Administration in Korea during 1997-2004. We found evidence that yield risk is positively related with crop biodiversity measured as a Herfindahl concentration index of varietal diversity. In other words, crop biodiversity is found to be a risk-decreasing input.

Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Pages: 21
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea06:21183

DOI: 10.22004/ag.econ.21183

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