Risk and Income Risk Management Issues for Organic Crops in Greece

Irene Tzouramani, Pavlos Karanikolas and George Alexopoulos

No 48116, 108th Seminar, February 8-9, 2008, Warsaw, Poland from European Association of Agricultural Economists

Abstract: Drawing upon a comparative case study of organic and conventional farming in Western Greece, the aim of this study is threefold: firstly, to explore the organic and conventional farmers’ profile through a factor analysis. Secondly, to assess the economic viability of organic cultivation with respect to profitability and risk behaviour, through a Monte Carlo stochastic simulation model. Thirdly, to discuss the necessity for additional income insurance schemes. Research findings indicate that the organic cropping system currently stands out as the most economically viable alternative under the assumption of the existing payments; without payments, however, conventional agriculture would be preferred by all farmers, regardless of their degree of risk aversion

Pages: 15
Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://ageconsearch.umn.edu/record/48116/files/Ri ... ps%20in%20Greece.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:eaa108:48116

DOI: 10.22004/ag.econ.48116

Access Statistics for this paper

More papers in 108th Seminar, February 8-9, 2008, Warsaw, Poland from European Association of Agricultural Economists Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().